reps & warranties coverage News

Neon’s M&A Consortium Raises Capacity to £75 Million

Neon has expanded its M&A consortium, with capacity increasing from £50 million ($62.2 million) to £75 million ($93.3 million), effective on Jan. 1, 2017. The consortium is led by Neon and is 100 percent backed by Lloyd’s markets, the London-based …

ERMI Launches Pollution Protection Product for M&A Transactions

Environmental Risk Managers, Inc. (ERMI) has announced a new product to address exposures related to business & property transactions. The Mergers, Acquisitions, and Pollution Protection (MAPP) product combines representations & warranties (R&W) insurance with pollution liability insurance. R&W insurance is …

RLI Launches Reps & Warranties Liability Policy

RLI Insurance Co.’s Executive Products Group has created a new Representations and Warranties Liability Insurance policy. RLI’s new Representations and Warranties Liability policy offers protection to buyers and sellers involved in corporate mergers and acquisitions from financial losses due to …

Ambridge Partners Expands Reps & Warranty Coverage for SMEs

Ambridge Partners, a managing general underwriter based in New York City, has formed a new team to focus on underwriting small- to medium-sized transactions. The group will be led by Jack Sinchak, underwriting manager, who joined the firm in 2007. …

QBE North America Launches Transactional Liability Insurance Practice

QBE North America’s has expanded its specialty lines offerings with the launch of a new Transactional Liability Practice. The Transactional Liability Practice, led by Dennis Kearns, QBE senior vice president & underwriting counsel, will underwrite two new products – representations …

ACE Launches Transactional Risk Coverages, Appoints Markovich to Lead

ACE Group has introduced three new transactional risk insurance products that offer protection to buyers and sellers participating in mergers and acquisitions (M&A) and other transactional deals throughout North America and in international markets. These products — representations and warranty …