Key Trends in Mergers & Acquisitions Insurance Highlighted in Decade-Long Study from Liberty Mutual Insurance

Key Trends in Mergers & Acquisitions Insurance Highlighted in Decade-Long Study from Liberty Mutual Insurance

PR Newswire

BOSTON, Sept. 14, 2020

Insights Based on Data from Liberty Global Transaction Solutions, One of the Largest M&A Insurance Providers, and Represents the Most Comprehensive Review of M&A Claims by any Insurer

BOSTON, Sept. 14, 2020 /PRNewswire/ -- Liberty Global Transaction Solutions (Liberty GTS) has announced findings from its inaugural M&A claims study

Liberty Mutual Insurance

"Having issued more than 2,000 policies since 2010 and managed over 300 notifications of warranty breaches across the globe, we are in a unique position to uncover M&A claim trends that can help deal makers and advisors better understand and manage their exposure," said Liberty GTS President Rowan Bamford. "This is vitally important now as the M&A insurance industry grapples with four key challenges: an over-supply in capacity, a significant drop-off in deal flow, an increase in claims activity and the emerging risks caused by COVID-19."

Key study findings include:

"We issued our first claims study during a year in which we have seen a great amount of uncertainty in the M&A space," said Bamford. "It's fitting that it comes at a time when potential insureds - with good reason - are focused more than ever on the strength of an insurer and its approach to claims."

About Liberty Mutual Insurance
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.

In business since 1912, and headquartered in Boston, today we are the sixth largest global property and casualty insurer based on 2019 gross written premium. We also rank 77th on the Fortune 100 list of largest corporations in the U.S. based on 2019 revenue. As of December 31, 2019, we had $43.2 billion in annual consolidated revenue.

We employ over 45,000 people in 29 countries and economies around the world. We offer a wide range of insurance products and services, including personal automobile, homeowners, specialty lines, reinsurance, commercial multiple-peril, workers compensation, commercial automobile, general liability, surety, and commercial property.

For more information, visit www.libertymutualinsurance.com.

About Liberty Global Transaction Solutions
Liberty Global Transaction Solutions(GTS) is one of the largest global 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.

GTS offers specialized products and services to help facilitate M&A transactions for buyers and sellers, including Representations & Warranties (R&W)/Warranty & Indemnity (W&I) Insurance, Tax Liability Insurance and One-off policies created for individual contingent risks.

The foregoing is not professional advice nor legal advice, is provided for information only, and is not a substitute for consulting with a professional.

For more information, visit https://www.libertygts.com/.

Contacts:

Richard Angevine


617-574-6638


Richard.Angevine@libertymutual.com

 

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