Mergers and Acquisitions (M&A) Insurance

From new locations, to a change in product or service, or the outright purchase of another company, there is literally no move that a business makes throughout its growth and evolution that does not come with an insurance implication.

When looking to purchase, merge or partner with another company, we believe it is paramount that a thorough review of the target firm’s insurance programme is completed. Our experience has indicated that a strategic review of an insurance programme can shine a different kind of light on a company’s management style. It can reveal extremes from a dedicated professional approach to managing risk to avoidance or misrepresentation, and everything in between. As such, this process is a valuable addition to any due diligence process.

Some of the areas we focus on during this strategic review are the types and complexity of the coverages in place; the use of self-insurance or alternative risk transfer and a review of claims history.

These areas can speak volumes about the attitude toward risk management in general and reveal unique details related to the company’s facilities, operations and procedures. Further, it is vital that someone in your corner completes this analysis, with your interests at heart, in order to truly understand the appropriateness, adequacy and risks related to the target company’s current insurance programmes.

These days, companies are seeing unprecedented competition and are constantly required to stretch their financial and non-financial resources in order to remain competitive and successfully grow. Because time equates to money today, we are well positioned to deliver value to our clients quickly and efficiently.