Representations and Warranties Insurance: Trends, Developments, and Issues You Should Know
The representations and warranties insurance (RWI) market continues to rapidly evolve as it responds to the ongoing pandemic. A number of RWI trends have started to emerge including the classification of the current crisis as a heightened due diligence area and the standardization of COVID-19 exclusions. More significantly, several other issues are yet to arise as the health crisis continues to unfold.
With COVID-related challenges and other important trends in the backdrop, it becomes more essential for companies that depend on R&W insurance to become updated. They should carefully examine and proactively address pitfalls considering the recent developments.
Join a panel of transactional risk insurance practitioners as they provide the audience with an in-depth discussion of the latest trends and developments in RWI policies. Speakers will discuss, among other things, the best practices that can help companies use their insurance policy effectively in today’s fast-paced environment.
Key topics include:
- Impact of COVID-19 on R&W Insurance
- Other Significant Issues
- What Companies Should Be Doing Now
- Best Practices
Alliant Insurance Services, Inc.
Liberty Global Transaction Solutions
Seyfarth Shaw LLP
- How has RWI evolved in the past 5+ years?
- Current trends from 2020: M&A deal flow/type and RWI
- How might these trends change in 2021?
- RWI-specific trends (premium, retention, coverages, etc.)
- Due diligence and underwriting focus trends
- Carrier capacity and competitive landscape (providers)
- Beyond 2021
Who Should Attend:
- M&A Lawyers
- Transactional Lawyers
- M&A Executives
- Risk Managers
- Legal Advisors
- Insurance Advisers
- C-Level Executives
Jacob is a Vice President at Alliant Insurance Services. Jacob acts as advisor and liaison between clients and various insurance carriers, servicing clients’ risk management needs and more specifically in the transactional liability space. Jacob also executes request for proposal preparation/presentation and insurance carrier negotiations, in addition to his role growing Alliant’s M&A practice.
Jacob began in the insurance industry in 2011 and specializes in Reps & Warranties/Transactional Liability. Jacob provides customized solutions that help prevent and respond to liability exposures and has further experience in Directors & Officers and Professional Liability coverages.
Prior to joining Alliant in 2014, Jacob worked as a commercial bank analyst for JPMorgan Chase, a Project Manager for Penske Automotive, followed by his introduction into insurance, whereby he underwrote publicly-traded companies at AIG and later brokering these products at Marsh & McClennan in Chicago, IL.
Jacob earned a BA in English Literature and Law & Commerce from Miami University (OH) and an MA in International Business from Regents University London.
Jacob is a Vice President at Alliant Insurance Services. Jacob acts as advisor and liaison between clients and various insurance …
Rickie Trudeau has extensive experience representing private equity clients and their portfolio companies on acquisitions, minority investments and restructurings and representing investment banks, commercial banks, strategic investors and private corporations in structuring multi-million and multi-billion dollar secured and unsecured credit facilities, including acquisition financings. Prior to joining Liberty GTS, Rickie was both a private equity and a banking and finance associate at Weil, Gotshal & Manges. Rickie received her BA in History of Art from Yale and her JD from University of Pennsylvania Law School. Rickie is admitted to practice in New York.
Rickie Trudeau has extensive experience representing private equity clients and their portfolio companies on acquisitions, minority investments and restructurings and …
Bryan O’Keefe is a partner in the Washington, DC office of Seyfarth Shaw LLP and a member of the firm’s Labor & Employment Department. Bryan frequently represents companies in transactional due diligence and bankruptcy matters. Prior to and since joining Seyfarth, Bryan has been responsible for due diligence on more than 1,500 deals, with a particular emphasis on private equity transactions and those involving the use of representations and warranties insurance. Bryan has led the development of the firm’s transactional underwriting practice group. This team advises transactional risk insurers on all aspects of a deal, including assisting with insurer due diligence, identifying key risks with the transaction, and working with buyers’ counsel to negotiate a transactional risk product that serves the needs of all.
Bryan O’Keefe is a partner in the Washington, DC office of Seyfarth Shaw LLP and a member of the firm’s …
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Method of Presentation:
On-demand Webcast (CLE)
General knowledge of business insurance
NY Category of CLE Credit:
Areas of Professional Practice
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About Alliant Insurance Services, Inc.
Alliant Insurance Services is one of the nation’s leading and fastest growing distributors of diversified insurance products and services. In the face of increasing complexity, our approach is simple: bring on the best people and invest more deeply in the industries and clients we serve. We operate through a network of specialized national platforms and regional offices to offer a comprehensive portfolio of services to our clients. Our goal is to ensure that they get the most innovative product and the most innovative thinking in the industry. www.alliant.com.
About Liberty Global Transaction Solutions
Liberty Global Transaction Solutions (GTS) is one of the largest global mergers and acquisitions (M&A) insurance teams in the industry. With more than 60 specialists, we have helped facilitate over 500 M&A deals a year on average—successfully insuring thousands of transactions since our inception. Liberty GTS has a presence in eleven jurisdictions throughout EMEA, the Americas and APAC. The Liberty GTS underwriters average more than eight years’ direct M&A experience across a variety of industry sectors. Liberty GTS offers specialized products and services to help facilitate M&A transactions for buyers and sellers, including Representations & Warranties (R&W),Tax Liability Insurance and one-off policies created for individual contingent risks. To learn more, visit www.libertygts.com.
About Seyfarth Shaw LLP
Seyfarth Shaw LLP is a full-service law firm with nearly 900 attorneys and 17 offices in the United States, London, Shanghai, Hong Kong, Melbourne, and Sydney, offering a national platform and an international gateway to serve clients’ changing business and legal needs in corporate, employee benefits, employment, litigation, and real estate. Seyfarth attorneys provide thoughtful, strategic, practical legal counsel to clients of all sizes across all industries, delivering excellent legal service, sophisticated technology, and process improvement solutions. The firm’s clients range from Fortune 100 to midsize companies, and include publicly traded and privately held companies and various types of funds.