Ethos Specialty’s Transactional Liability team offers multiple solutions including Representations and Warranties (R&W), Tax, and Contingent Risk insurance. View more information on each policy by navigating to the individual program pages below.
Within the context of a merger or acquisition (M&A), a gap may exist between the level of warranties offered by a seller and the level that the buyer will accept. The Ethos Specialty Representations and Warranties (R&W) insurance product bridges that gap by transferring unknown and unforeseen risks to an insurer. The R&W policy provides coverage for losses incurred because of breaches of representations and warranties in an M&A agreement. The use of the policy eases contentious negotiations around the scope of representations and warranties level of indemnity and provides value for both the sellers and buyers in a transaction.
Tax insurance provides an insured with protection against a loss in the event that a tax position taken on a tax return is challenged by a taxing authority. Tax insurance is often utilized within the context of a merger or acquisition (M&A) when a known tax risk is identified in diligence. Tax insurance is also utilized to minimize risks arising from internal tax planning.
