transactional risk insurance News

Everest Insurance Taps Patel from AIG Europe as UK Head of Transactional Risk

Everest Insurance announced the appointment of Sujal Patel as the UK Head of Transactional Risk for Everest Global Markets, which includes Everest Insurance Ireland, dac. and Lloyd’s Syndicate 2786. Patel brings more than a decade of industry experience to Everest, …

Liberty Global Transaction Solutions Launches Contingent Legal Risk Insurance Product

Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance, has launched Contingent Legal Risk Insurance within its global portfolio of transactional risk products and services. Aude Bonnemaison, a representations and warranties/warranty and indemnity insurance underwriter within Liberty GTS with …

Ryan Specialty Group’s Transactional Risk Unit, Hunter George, Gets a Name Change

Ryan Specialty Group Europe announced that its London-based transactional risk managing general underwriter, Hunter George & Partners, is changing its name to RSG Transactional Risks Europe. The dedicated transactional risks underwriting team will continue to offer its proprietary transactional insurance …

Travelers Partners with ASQ Underwriting on Transactional Risk Insurance

The Travelers Companies, Inc. has partnered with ASQ Underwriting, a managing general underwriter, to offer transactional risk insurance in the United States, as strategic and private equity investors increasingly turn to insurance to mitigate deal risk and compete for acquisition …

Sompo International Launches Transaction Risk Insurance in Europe

Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today that the company’s European specialty platform has introduced a new transaction risk insurance line of business, expanding its professional lines insurance offerings in …

Ironshore International’s M&A and Tax Insurance Unit Opens Frankfurt Office

Ironshore International’s Mergers & Acquisitions and Tax Insurance unit announced it has opened an office in Frankfurt, Germany, through Ironshore Agency Ltd., to expand its European presence. Ironshore M&A and tax specialists underwrite specialty coverages for complex transactional risk throughout …

Ironshore Raises Capacity for M&A Cover, Tax Consortium Launched

Ironshore International’s Mergers & Acquisitions and Tax Insurance unit has enhanced its consortium programs to meet client and broker demand for larger, streamlined limits. Ironshore will increase the capacity for its Mergers & Acquisitions Consortium to £100 million ($129.8 million), …

Ironshore Expands Global M&A Unit with Appointments, Capacity Hike

Ironshore has expanded its mergers & acquisitions capabilities with a team of new hires in the Americas and broadened office presence to serve Canada and Latin America. In addition, to support heightened transaction volume throughout the Americas region, Ironshore increased …

Argo Pro, BlueChip Underwriting Services Launch Transactional Risk Program

Argo Pro, a member of Argo Group International Holdings, Ltd., has partnered with BlueChip Underwriting Services LLC to provide transactional risk insurance to facilitate mergers and acquisitions. BlueChip will sell and underwrite this suite of products, including Representation & Warranties, …

XL Catlin Adds Chubb’s McGowan, DLA Piper’s Laws to M&A Insurance Team

Preparing to capitalize on merger and acquisition (M&A) activity in 2017, XL Catlin continued to build out its global M&A insurance team with the appointments of Joseph W. Laws and Michael J. McGowan as directors of M&A Insurance in North …