Warranty and Indemnity Insurance
We at QPI understand that there are a number of contentious issues which can arise during Merger and Acquisition deals.
Buyers often require significant levels of guarantee before finalising a deal, whilst the seller wants to maximise their income from the sale of the business without leaving loose ends which could come back to bite them.
However, what the seller is prepared to guarantee often does not provide the buyer with sufficient comfort and can break the deal.
Warranty and Indemnity Insurance can provide a solution.
For the Seller, it can avoid lengthy time limitations, liquidity of proceeds being tied up for long periods and can provide a clean exit with no continuing financial exposure once the sale has completed.
For the Buyer, it can guarantee the level of warranty they require if the Seller is unable or unwilling to give the necessary comfort. It also protects the Buyer against a Seller with a potentially weak financial covenant or where there is no guarantee that the Seller or the funds will be around for the duration of the contract. The cover can also help the Buyer to secure the necessary finance for the deal.
Warranty and Indemnity insurance can be purchased by the Seller or the Buyer or even by the Buyer on behalf of the Seller.
QPI can provide innovative Warranty and Indemnity insurance solutions making the negotiation and conclusion of a business sale faster,less stressful and most importantly more secure.
Don’t let your clients’ deals get broken and waste valuable fee-earning time.Use QPI Legal to seal the deal!
For more information, call Richard Grayson on 01604 712222 or e-mail wandi@qpilegal.co.uk
QPI….expertise in solutions you should expect!