Product highlights

Transactional risk insurance products are designed to facilitate transactions by enhancing bids, expediting and easing closings, syndications and offerings, and also provide balance sheet protection. Concord Specialty Risk provides prompt, creative and responsive solutions for equity funds, investment funds, tax directors, corporate growth managers, auditors, lawyers, investment bankers and insurance brokers and wholesalers by providing the following products:

  • Representations & warranties insurance
  • Transactional tax insurance
  • Other contingent liability

Scope of coverage

Representations & warranties

Protects against loss arising from a breach of a seller's representations and warranties made in a merger or acquisition. The insured may either be the seller of the buyer.

Benefits provided

  • Collections Assured
  • Avoid Suing Management
  • Bridge the Deal
  • Enhanced Bid
  • Facilitate Acquisition Lending and Resale
  • Maximize ROI

Transactional tax insurance

Reimburses a company for additional taxes, interest and penalties that are incurred with respect to covered tax positions.

Benefits provided

  • Cash Flow/Liquidity Volatility
  • Disclosure Issues
  • Preparing To Sell
  • Loan and Lease Covenants
  • Acquisition Planning
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Need to file a claim?
24/7 claims reporting is available at 1-888-275-7992 or mlsreportaloss@nationwide.com.

Contacts

Concord Specialty Risk provides transactional risk insurance that address the risks of loss arising from:
  • Mergers & acquisitions
  • Potential regulatory enforcement
  • Uncertain tax positions
  • Other contingent liabilities