EPISODE · Jul 18, 2018 · 31 MIN
Nate McKitterick | The Insurance You Need for M&A Deals
from M&A Masters · host Patrick Stroth
One of the biggest sticking points during the negotiations for any M&A deal is indemnification. It’s a problem Nate McKitterick has dealt with for many years as a partner specializing in transactional insurance and indemnification matters at law firm DLA Piper.Basically, buyers insist that sellers be “on the hook” for any issues that come up post-sale. And sellers are nervous about making the representations required for a deal to go through… when something out of their control could cost them their personal assets.Nate highlights a specialized type of insurance that transfers all the indemnification risk to a third-party. We get into the nitty-gritty on how these policies work and how to set them up, as well as…The level of due diligence insurance underwriters are looking for#1 thing owners and founders/sellers must know when negotiating indemnificationThe role of the broker in securing the right transactional insurance6 types of transactional insurance that could be vital to your next dealAnd more
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One of the biggest sticking points during the negotiations for any M&A deal is indemnification. It’s a problem Nate McKitterick has dealt with for many years as a partner specializing in transactional insurance and indemnification matters at law firm DLA Piper. Basically, buyers insist that sellers be “on the hook” for any issues that come up post-sale. And sellers are nervous about making the representations required for a deal to go through… when something out of their control could cost them.
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Nate McKitterick | The Insurance You Need for M&A Deals
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