JD Supra: Mergers

JULY 12, 2024

Bennett and Heather Weaver of Lowenstein’s Insurance Recovery Group sit down with Yelena Dunaevsky, Senior Vice President, Transactional Insurance, at Woodruff Sawyer to talk about the current state of SPAC related litigation and its impact on the insurance market. Today, Lynda A.

Insurance 171

Insurance IPO IT 171

JD Supra: Mergers

NOVEMBER 10, 2023

As buyers seek acquisition opportunities worldwide, they often encounter sellers resistant to accepting meaningful (if any) liabilities for potential pre-closing exposures, causing buyers to look to the insurance market for protection. By: Goodwin

Insurance 159

Insurance Acquisitions 159

JD Supra: Mergers

SEPTEMBER 9, 2024

Rather than considering an adjustment to the purchase consideration, negotiating an indemnity/escrow, self-insuring the risk. By: Ankura

Insurance 165

Insurance M&A Utilities Negotiation 165

JD Supra: Mergers

SEPTEMBER 16, 2024

In a market known for volatility, public company D&O (directors & officers) insurance has certainly lived up to its reputation in recent years—pricing has been on a roller coaster, fluctuating between skyrocketing increases and precipitous drops.

Insurance 171

Insurance IT 171

Deal Lawyers

JUNE 17, 2024

Woodruff Sawyer recently issued its “Guide to Insuring Fund Liability Risks for Venture Capital and Private Equity Firms.” Here’s an excerpt from the discussion of the evolution of general partner liability coverage: General Partnership Liability Insurance (GPL) is a longstanding insurance product tailored for […]

Private Equity 113

Private Equity Insurance Equities Funds 113

JD Supra: Mergers

APRIL 16, 2024

The fragmented insurance distribution market in Canada continues to see significant levels of mergers and acquisitions (M&A) activity as established consolidators roll up smaller brokerages and managing general agents (MGAs), new players emerge, strategic buyers remain active, and more owners approach the age of retirement and seek third-party (..)

Insurance 165

Insurance Mergers and Acquisitions M&A Mergers 165

JD Supra: Mergers

MAY 24, 2024

While representation and warranty (R&W) insurance continues to be used across a broad range of M&A transactions, its use has cooled as dealmakers navigate challenging market conditions. By: Cooley LLP

Insurance 171

Insurance M&A Mergers and Acquisitions Mergers 171

Deal Lawyers

MARCH 12, 2024

We’ve blogged quite a bit over the years about Rep & Warranty Insurance, but that’s not the only type of transaction insurance available for buyers or sellers looking to lay-off some of the risk associated with their deals.

Insurance 113

Insurance 113

JD Supra: Mergers

MAY 23, 2024

Obtaining the appropriate amount and type of insurance for each stage of their life cycle is one of them. However, with some smart preparation and the expertise of the right advisors, insurance can go from being a necessary burden to a strategic asset. Woodruff Sawyer is a market leader for. By: Woodruff Sawyer

IPO 165

IPO Insurance Initial Public Offering Mergers and Acquisitions 165

JD Supra: Mergers

MARCH 21, 2024

Woodruff Sawyer is the market leader when it comes to placing D&O insurance for companies going public, be it through an IPO, direct listing, or merger with a SPAC (a “de-SPAC” transaction). Experience matters in this arena.

Insurance 171

Insurance IPO Mergers IT 171

JD Supra: Mergers

FEBRUARY 7, 2024

2023 was a fairly gloomy year for global M&A activity and the insurance sector did not emerge unscathed, recording its lowest deals count since 20201.

M&A 188

M&A Insurance Valuation IT 188

JD Supra: Mergers

APRIL 5, 2024

This article addresses the legal and practical issues for lenders on leveraged buy-outs in relation to taking security over warranty and indemnity insurance policies. This article first appeared in the March issue of Butterworths Journal of International Banking and Financial Law. By: Hogan Lovells

Insurance 152

Insurance Securities Bank Banking 152

Deal Lawyers

JUNE 4, 2024

Recent data suggests that the use of Rep & Warranty Insurance may have plateaued, but this Cooley M&A blog says that market development has led to some news for purchasers of RWI. The blog says R&W policy purchasers in this cooling market have been able to obtain more quotes, and more favorable policy rates and […]

Insurance 113

Insurance M&A 113

Deal Lawyers

SEPTEMBER 5, 2023

A recent Willis Towers Watson blog says that both debtors and potential buyers of distressed assets should consider using R&W insurance and the other transactional insurance solutions which have become staples of private M&A deals in other contexts as an alternative to traditional risk allocation for their transactions.

Insurance 124

Insurance M&A 124

Growth Business

DECEMBER 20, 2023

By Anna Jordan on Growth Business - Your gateway to entrepreneurial success In the early days of startups, it may seem like insurance cover is optional – but in some cases, it really isn’t. In the meantime, here is the best insurance cover for startups and why you need it. Does my startup need business insurance and why?

Insurance 79

Insurance Business Stock IT 79

JD Supra: Mergers

FEBRUARY 20, 2024

State of the Market in Asia - The insurance brokerage market has emerged from the challenging financial conditions and geopolitical headwinds of 2023 as a bright spot that demonstrates resilience and promises great growth potential. By: Mayer Brown

Insurance 188

Insurance M&A 188

PE Hub

OCTOBER 10, 2023

David H Coons Insurance Brokers is a family-owned insurance brokerage located in Burlington, Ontario. The post Westland Insurance snaps up David H Coons Insurance Brokers appeared first on PE Hub.

Insurance 82

Insurance Broker 82

Global Banking & Finance

NOVEMBER 14, 2024

LONDON (Reuters) -British insurer Aviva posted a 15% rise in general insurance gross written premiums for the first nine months of the year to 9.1 The life, motor and home insurer, whose main businesses are in Britain, Canada and […] billion pounds ($11.54

Insurance 40

Insurance Business IT 40

Global Banking & Finance

OCTOBER 21, 2024

Written By Sanket Das Artificial intelligence (AI) is transforming the insurance sector by automating routine tasks like policy servicing, customer queries, endorsements, and policy updates, allowing agents to focus on more complex and strategic roles.

Insurance 98

Insurance 98

JD Supra: Mergers

NOVEMBER 28, 2023

Warranty and indemnity insurance (W&I) is a long-established feature of M&A transactions in Europe, especially with private equity sellers. Stapled W&I policies and synthetic policies will likely be increasingly common features of E&I transactions, although their feasibility should be assessed case by case.

Insurance 165

Insurance Private Equity M&A Equities 165

Deal Lawyers

JULY 24, 2024

Earlier this year, Meredith blogged about a federal court’s decision holding that a “bump-up” exclusion in a D&O insurance policy resulted in the loss of […]

Insurance 133

Insurance M&A Acquisitions 133

Business Standard - FInance

JUNE 9, 2023

Regulator Irdai on Friday said it has given permission to Go Digit Life Insurance Limited to carry the life insurance business in India. Go Digit, a firm backed by Canada-based Fairfax Group, is already in the general insurance business.

Insurance 94

Insurance Business IPO IT 94

Global Newswire by Notified: M&A

DECEMBER 7, 2023

07, 2023 (GLOBE NEWSWIRE) -- World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of Foy Insurance Group (“Foy”) of Exeter, New Hampshire on December 1, 2023. Iselin, NJ, Dec. Terms of the transaction were not disclosed.

Insurance 75

Insurance Business IT 75

JD Supra: Mergers

JULY 13, 2023

During the second quarter of 2023, LP’s insurance brokerage team surveyed many respected professionals in the insurance brokerage M&A industry, including M&A advisors and highly acquisitive buyers. All are experienced in the industry and regularly work on 10+ transactions in any given year. By: Levenfeld Pearlstein, LLC

M&A 130

M&A Insurance Acquisitions 130

JD Supra: Mergers

MAY 24, 2023

Obtaining the appropriate amount and type of insurance for each stage of their life cycle is one of them. However, with some smart preparation and the expertise of the right advisors, insurance can go from being a necessary burden to a strategic asset. Woodruff Sawyer is a market leader for. By: Woodruff Sawyer

IPO 137

IPO Insurance Initial Public Offering Mergers and Acquisitions 137

JD Supra: Mergers

AUGUST 14, 2023

Given the current state of the market, deal flow is down and, therefore, so is the number of submissions getting sent to representations and warranties insurance (RWI) underwriters. Underwriters are poised to strike when the market picks back up again but, in the meantime, where does that leave us? By: Woodruff Sawyer

Insurance 130

Insurance Underwriting 130

Global Banking & Finance

SEPTEMBER 27, 2023

UK’s Hiscox to sell Singapore and Thailand insurance business (Reuters) – British insurer Hiscox said on Wednesday it has agreed to sell DirectAsia, its motor insurance business in Singapore and Thailand, to Ignite Thailand Holdings following a strategic review. Reporting by […]

Insurance 124

Insurance Business IT 124

Deal Lawyers

JULY 5, 2023

Woodruff Sawyer recently published its 2023 Guide to Representations & Warranties Insurance, which provides an overview of current market conditions, policy terms and considerations for potential purchasers of RWI.

Insurance 140

Insurance IT 140

PE Hub

DECEMBER 20, 2023

GuideOne is a mutual insurance carrier founded in 1947. The post Bain Capital Insurance invests $200m in GuideOne to launch new insurance platform The Mutual Group appeared first on PE Hub.

Insurance 87

Insurance Capital Investment 87

TechCrunch: M&A

JULY 12, 2023

Coalition offers cybersecurity insurance products that take advantage of proactive cybersecurity tools. More recently, Jumbo partnered with IdentityForce to offer identity theft insurance in the U.S. It is acquiring a team (or maybe just a part of the team) that has been focused on privacy and security for several years.

Insurance 169

Insurance Valuation Accountant IT 169

Sica Fletcher

SEPTEMBER 17, 2024

When insurance agency sellers have already met with prospective buyers, they may have been offered a valuation based on their “adjusted EBITDA.” The following article provides a brief overview of EBITDA and adjusted EBITDA valuations for insurance agencies. What Elements Are Included in Adjusted EBITDA for Insurance Agencies?

Insurance 52

Insurance Valuation Profitability M&A 52

Deal Lawyers

OCTOBER 5, 2023

R&W Insurance is a standard feature in private company transactions, but this WTW blog discusses its use in take-private transactions involving public company targets. The blog highlights some of the complexities involved when using RWI in these transactions and methods for addressing the issues they present.

Insurance 113

Insurance IT 113

PE Hub

JUNE 6, 2023

Mycor Insurance and Murphy Insurance are Canadian property and casualty insurance brokerages. The post Westland snaps up Mycor Insurance Solutions, Murphy Insurance Services appeared first on PE Hub.

Insurance 78

Insurance 78

The New York Times: Banking

FEBRUARY 16, 2024

Frequent natural disasters and high inflation have led insurers to raise premiums, and forced many customers to pare back their policies.

Insurance 120

Insurance Financial Institution Banking Bank 120

Growth Business

JANUARY 5, 2024

By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success It’s clear that as a startup you will need insurance of some kind, but knowing exactly what insurance you need can be confusing at the start. Studies show that 44 per cent of UK SMEs have no commercial insurance. Who is it for?

Insurance 76

Insurance Business Healthcare Engineering 76

PE Hub

FEBRUARY 29, 2024

Avant Insurance is a brokerage specializing in both personal and commercial lines. The post MDP-backed Navacord snaps up Avant Insurance appeared first on PE Hub.

Insurance 84

Insurance 84

PE Hub

SEPTEMBER 19, 2023

Insurance Matters is a residential, commercial, farm and auto insurance brokerage with operating in Saskatchewan. The post Westland Insurance acquires Saskatchewan’s Insurance Matters appeared first on PE Hub.

Insurance 59

Insurance 59