In the ever-evolving world of insurance, new and innovative products continuously emerge to meet the evolving needs of businesses. One such product that has been making waves in recent years is Synthetic W&I insurance. This groundbreaking form of insurance provides a suite of warranties under a W&I policy, revolutionizing the traditional approach where sellers give warranties under a Sale and Purchase Agreement (SPA).
Since its introduction to the market around 2017-2018, Synthetic W&I insurance has experienced significant development and usage. While its adoption rate is still relatively low compared to non-synthetic products, this innovative insurance solution has garnered attention for its unparalleled flexibility. Unlike its traditional counterpart, Synthetic W&I insurance allows for the negotiation of warranties between the buyer and insurer, rather than the buyer and the seller. This adaptability has made it an attractive option for both distressed and non-distressed deals, catering to a wide range of business scenarios.
In an ever-changing business landscape, it is crucial to have insurance solutions that can adapt to the unique needs of each transaction. Synthetic W&I insurance offers precisely that.
At Lockton, we understand the complexities involved in the M&A process. That's why our Synthetic W&I Insurance brochure serves as your guide to understanding the benefits of this insurance solution. Discover how our team of experts can advise and support you in leveraging the flexibility and tailored coverage options offered by Synthetic W&I insurance. Our aim is to empower you to make informed decisions and navigate the M&A landscape with confidence.
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Download our Synthetic W&I Insurance brochure to gain access to comprehensive information about this risk protection product. Discover how this innovative insurance solution can help safeguard your interests during M&A, providing tailored coverage options to match your specific requirements.
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