Reps & Warranties Insurance – An Intro

Reps & Warranties Insurance, sometimes called Transactional Liability Insurance, is a class of insurance designed to transfer risks emanating from the sale of a company. The primary exposure is a seller’s risk of inaccurate representations and warranties made to a buyer in a purchase agreement. The coverage protects both buyers and sellers, and can lead to a more efficient transaction. In addition, the coverage has evolved to include risks beyond reps & warranties on a customized basis. Some additional information from the web that might be helpful: Definition - AIG Why You Need It When to Use Using Considerations Overview Please let us know if you would like additional information on Reps & Warranties Insurance. eSpecialty Insurance is your specialty... Read more →