The Rising Demand for Transactional Risk Insurance: Where Should You Stand?
Transactional risk insurance has increased in popularity in today's merger and acquisition environment. Representations & warranties insurance in particular has become a mainstream solution to protect a seller, a buyer or both parties from financial loss caused by inaccuracies in the representations and warranties in M&A transactions. The growth in the demand for transactional risk insurance has been attributed to investors recognizing the significance of risk management and mitigation in deals.
This two-hour LIVE Webcast organized by The Knowledge Group brings together a panel of key thought leaders to discuss the current state of transactional risk insurance market. Speakers will explain the categories of transactional insurance as well as the coverage and policy structures of each category. They will also offer practical strategies in choosing the appropriate transactional risk solution for your business.
Key topics include:
- Transactional Risk Insurance Market Update
- Transactional Insurance in M&A Transactions
- Underwriting Transactional Risk Insurance
- Dissecting a Typical Policy Structure
- Growth Opportunities and Challenges
- Intro / Overview.
- Generally, what purpose it serves.
- The main types: Seller v. Buyer. Perhaps discuss variations such as Tax Treatment?
- Growth to date and anticipated.
- Impact on Transactions
- On structure
- On negotiations
- On due diligence process and timing.
- Underwriting Process
- Major players both carriers and brokers, and their roles.
- Selection of broker and carrier.
- Information requirements
- Deal Mechanics
- Interaction between deal documents and coverage.
- Effect on signing and closing steps.
- Payment and inception decisions.
- Policy Terms
- Policy structure
- Coverage options
- Key terms and pitfalls
- Planning for Management of the Policy
- May not be a separate topic, could be rolled in to parts of 4 and 5.
Who Should Attend:
- Insurance Carriers
- Insurance Advisers
- Insurance Attorneys
- In-house Counsel
- M&A Lawyers
- M&A Professionals
- Private Companies
James D. Rosener is a partner in the Commercial Department of Pepper Hamilton LLP. Mr. Rosener heads the firm's International Practice Group, is managing partner of the New York office and has served as a member of the firm’s Executive Committee. His practice is devoted primarily to international transactions, private equity, mergers and acquisitions and corporate financing.
Mr. Rosener has represented domestic and foreign private equity funds in transactions in more than 70 countries throughout the world, including platform and follow-on acquisitions; distressed buyouts, including in bankruptcy; corporate carve-outs and restructurings. Within the corporate financing practice area, Mr. Rosener has represented domestic and foreign issuers in public offerings (both U.S. and foreign listings), venture and mezzanine capital raising and traditional bank financing transactions. Mr. Rosener regularly acts as international legal counsel to issuers and underwriters on off-shore public offerings in India, the United Kingdom and Europe.
Mr. Rosener also has extensive experience negotiating transactions with representation and warranty insurance and experience making claims under representation and warranty policies from a buyers perspective.
James D. Rosener is a partner in the Commercial Department of Pepper Hamilton LLP. Mr. Rosener heads the firm's International …
Carey Child focuses on developing innovative products and risk-transfer solutions for insurance, reinsurance, and financial-market clients. He also assists Chadbourne clients resolve reinsurance disputes, including through negotiated resolution, mediation, arbitration and litigation.
Mr. Child has helped clients craft a full range of business solutions — from company formation and capitalization, through product development and risk transfer. This has included risk-transfer mechanism to facilitate transactions, such as the use of representations and warranties insurance to facilitate acquisitions and other corporate transactions; the use of tax treatment insurance to facilitate structured finance dependent upon a specific tax treatment; and the use of loss portfolio transfer to facilitate acquisitions.
Carey Child focuses on developing innovative products and risk-transfer solutions for insurance, reinsurance, and financial-market clients. He also assists Chadbourne …
Eric has a broad-based insurance practice that encompasses litigation, regulatory and transactional matters. He also handles legal issues relating to insurance coverage for policyholders and carriers.
Eric has substantial litigation experience representing plaintiffs and defendants in insurance-related disputes in state and federal courts across the country. He also has significant experience handling insurance regulatory and transactional matters. Eric has advised insurance companies, insurance brokers, insurance agents, premium finance lenders, life settlement providers, and non-insurance entities regarding regulatory and licensing issues in various jurisdictions across the United States. Eric's transactional experience includes handling a merger transaction that required the approval of multiple regulatory authorities.
Eric has a broad-based insurance practice that encompasses litigation, regulatory and transactional matters. He also handles legal issues relating to …
Mr. Legge is a Managing Principal and leads the Executive Risk Practice for Vanbridge. Prior to joining Vanbridge (the successor to Sharebridge), Mr. Legge was a Managing Director at Marsh Inc., leading the firm’s Private Equity and M&A Services (FINPRO) Placement Group. Mr. Legge worked in Marsh’s New York and San Francisco offices. As a practice leader, Mr. Legge was responsible for developing M&A insurance solutions and General Partnership Liability and D&O portfolio programs.
Mr. Legge received a B.A. in English Literature from Drew University
Mr. Legge is a Managing Principal and leads the Executive Risk Practice for Vanbridge. Prior to joining Vanbridge (the successor …
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About Pepper Hamilton LLP
Formed in 1890, Pepper Hamilton LLP is a multi-practice law firm with more than 500 lawyers nationally. The firm provides corporate, litigation and regulatory legal services to leading businesses, governmental entities, nonprofit organizations and individuals throughout the nation and the world.
The Corporate and Securities Practice Group of Pepper is committed to providing its clients with clear, imaginative, and practical advice in connection with all types of transactions including mergers and acquisitions, joint ventures and partnering arrangements, restructurings and reorganizations, and public and private securities offerings, venture capital and other financing transactions.
The firm also is experienced in advising corporations, boards of directors, board committees, individual directors, corporate officers and directors about corporate governance issues and related matters. In many instances, the group calls upon the members of other practice groups within the firm such as tax, real estate, labor, and employee benefits. The group also works closely with the intellectual property and antitrust practice groups in advising clients with respect to licensing and other transactions.
About Chadbourne & Parke LLP
For more than a century, Chadbourne & Parke has counseled innovators around the world. We are a full-service law firm that leverages the extraordinary talent from our global network to offer the highest caliber client service in more than 80 countries and across every region in the world. Today, we are recognized internationally for our groundbreaking work in emerging economies and our deep experience in energy and infrastructure, corporate and finance transactions, international disputes, and bankruptcy and financial restructuring.
About Arent Fox LLP
Arent Fox LLP, founded in 1942, is internationally recognized in core practice areas where business and government intersect. With more than 400 lawyers, the firm provides strategic legal counsel and multidisciplinary solutions to clients that range from Fortune 500 corporations to trade associations. The firm has offices in Los Angeles, New York, San Francisco, and Washington, DC.
About Vanbridge LLC
Vanbridge and its subsidiaries focus on alternative asset managers, (re)insurance and corporate clients with solutions that mitigate risk through insurance, reinsurance, capital markets and M&A advisory services. Vanbridge works with their clients to solve risk related issues utilizing insurance and alternative capital with structuring techniques that support their investment strategies and reduce costs, thereby enhancing EBITDA and strengthening long-term financial performance. Vanbridge has a team of experienced professionals working with clients to negotiate and place Transactional Risk Solutions such as Reps and Warranties Insurance, Tax Indemnity and Contingent Liability solutions.