Breckenridge Insurance Forms New Company for Transactional Liability Market

Breckenridge Insurance Group has formed Vista Insurance Advisors, a new company for the transactional and mergers & acquisitions market offering various coverage options.

Vista Insurance Advisors is led by Chief Executive Officer Thomas Dowd based in New York. Dowd has more than 35 years of experience in all classes of transactional and management liability coverage including reps and warranties products. Dowd has worked for and with AIG, Lloyd’s, Crum & Forster, Employers Insurance of Wausau and Seneca Insurance.

“The high stakes and complexity of today’s M&A market makes transactional insurance a paramount consideration for helping buyers and sellers strengthen valuation and increase the certainty of closing a deal,” said Tracey Carragher, CEO of Breckenridge Insurance Group. “Vista Insurance Advisors works directly with the law firms, investment banks and accounting firms that facilitate these deals to identify insurance needs…then partners with top-rated insurers to build customized coverages that meet each situation’s unique requirements.”

Dowd leads a team of transactional insurance specialists, each with at least 30 years of experience.

In addition to insurance consulting and supplemental due diligence services, Vista Insurance Advisors offers the following types of coverage through its network of insurers:

• Representations & warranties
• Adverse tax liability
• Securities Acts liability (and similar public or private offering liability)
• Litigation buyout
• Cyber liability related to M&A and other special transactions
• Contingent liability/performance warranty
• Directors & officers liability related to M&A and other special transactions

Vista Insurance Advisors has offices in Atlanta, New York, Dallas, Chicago, Richmond, Va., and Washington, D.C. Vista is a part of the InSpecialty division of Breckenridge Insurance Group.

Breckenridge Insurance Group, headquartered in Atlanta, Ga., is an international specialty wholesale insurance broker, program manager, managing general agent (MGA) and insurance services provider. The company offers access to a range of commercial insurance and financial services products to businesses and professional services firms in a variety of industries. The company serves independent insurance agents, brokers and legal and financial institutions throughout North America by way of Blue River Underwriters, OSC, Breckenridge Insurance Services, Breckenridge Elevation Authorities contract binding group and InSpecialty.