Representations and warranties insurance is increasingly modifying or eliminating traditional indemnification structures in corporate transactions and can offer benefits to both buyers and sellers. Applied properly, it can expedite the sales process and provide peace of mind for both seller and buyer. Our insurance and legal experts breakdown the basics and offer a wealth of knowledge and best practices on navigating it to your clients' advantage, including the following:
- Overview of who and what is covered under the insurance policies
- Typical process and timing of procuring representation and warranties insurance
- Role of counsel and insurance company in corporate transactions
- Use of representations and warranties insurance in mergers and acquisitions
- Practice pointers from both legal and insurance experts