Warranty and Indemnity
Warranty and Indemnity Insurance covers unknown risks in the representations and warranties provided in the sale of a business. Whether you’re a seller or buyer, it’ll protect you against any losses that could arise from a breach of warranty, tax deed or covenant in a Sale and Purchase Agreement (SPA).
Sellers can take out cover to prevent sale proceeds being tied up in escrow accounts and other legacy issues. Buyers can be certain that the warranties they’ve been given have real value. This includes situations in which the seller would be unable to pay the warranty claim, such as limited liability companies.
For further information on Warranty and Indemnities, please see our brochure.
If you would like to discuss your requirements with our Warranty and Indemnity team, please contact us here.