Tischer Joins ANV Underwriters’ M&A Insurance Team

October 8, 2015

ANV Underwriters, the international managing general underwriter (MGU) segment of specialty insurance group ANV Holdings, announced the appointment of Florian Tischer to its Mergers and Acquisitions (M&A) Insurance team.

Tischer brings to ANV over five years’ legal experience, predominantly in the M&A, corporate and commercial fields, having held previous roles as a lawyer in international law firms including Field Fischer Waterhouse LLP and Weil, Gostshal & Manges LLP.

Based in ANV’s Barcelona office, Tischer will report to Thomas M. Mannsdorfer, underwriting director, M&A Insurance.

Commenting on the appointment, Mannsdorfer, said: “We are very pleased to welcome Florian. ANV has a strong and established presence in Europe, and this is an ideal time to build our business and client base. Florian’s expertise in the M&A and private equity sector as well as familiarity with the German-speaking market make him an excellent addition to the team.”

ANV’s M&A Insurance business, which is based in Barcelona and London, focuses on tailor-made warranties & indemnities insurance for commercial and financial clients across the European and UK markets.

Last month the business secured additional Lloyd’s-rated capacity to complement the line already provided by ANV Syndicate 1861, allowing ANV to offer an increased insurance protection for clients engaging in mid-sized and large transactions.

The increased line gives M&A Insurance products offered by ANV a limit of €25 million ($28.1 million), $25 million and £20 million ($30.6 million) per risk.

Debra McClenahan, managing director of ANV’s MGU, said: “M&A Insurance is a much sought after product in today’s financial markets, as parties consolidating are increasingly aware of the financial risks associated with M&A transactions. I am very pleased to be able to announce that we are growing both our team and our capacity which will provide even more value to those clients.”

Source: ANV Underwriters

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