Buying or selling a company or subsidiary is a precarious time for those involved on both sides of the transaction. Inaccuracies in representations and warranties made by the seller in connection with a merger or acquisition can result in costly liabilities.
In the event inaccuracies in representations and warranties are made, Reps and Warranties Insurance for Mergers and Acquisitions helps protect the entities on both sides of the transaction–buyers and sellers–from financial loss. Buyers have the ability to distinguish a bid. Sellers, in turn, can reduce indemnity obligations and potential out of pocket expenses. As a result, both businesses can successfully complete the sale with ease and confidence.
Beyond the normal intricacies of mergers and acquisitions, the sale or purchase of a mortgage banker has its own nuances. Because we specialize in working with companies like yours, we have experience in this area and can help you find coverage that best protects you as a buyer or seller from the possible pitfalls.
This insurance can be structured to include:
Contact Mortgage Banking Insurance Group to learn how we can help you meet your firm’s risk