Transaction liability

Transaction liability insurance has become a valuable tool for M&A deal facilitation employed by both private equity firms and strategic buyers and sellers.

CFC has one of the largest dedicated transaction liability underwriting teams in the market, made up of former M&A attorneys, investment bankers and chartered accountants with real-world experience handling transactions of all sizes. We take a proactive approach towards addressing gaps in the market, creating innovative and commercially focused solutions for SME deals.

Transaction liablity insurance guide
Transaction liability

Warranty and indemnity insurance for both buyers and sellers, backed by the largest transaction liability team in London.

Explore our transaction liability products to learn more

Transaction liability

Transaction liability

Available to buyers & sellers offering cover for representations & warranties, contingent tax, and other M&A liabilities

Key features

  • Bespoke cover
  • Breach of warranties
  • Clean exit
  • Bid enhancement
  • Limited seller security
Seller protect

Seller protect

An innovative insurance policy designed specifically to protect sellers of small businesses from the risks they face during an M&A transaction.

Key features

  • Covers you in the event the buyer brings a claim against you for an innocent breach of the seller warranties
  • Legal counsel
  • Coverage can be placed within 24 hours following receipt of the application form
  • Coverage can be arranged post completion
Buyer protect

Buyer protect

An innovative insurance policy designed specifically to provide buyers of small businesses with peace of mind during and after the transaction, providing cover for up to 100% of enterprise value (EV).

Key features

  • Provides cover for financial loss arising from a breach of or inaccuracy in the warranties given by the seller
  • Coverage can be placed within 24 hours following receipt of the application form
  • Coverage can be arranged post closing
Secondary liquidity solutions

Secondary liquidity solutions

A range of bespoke solutions to private market investors who are acquiring, divesting or restructuring interests in private equity, private credit or other fund assets.

Key features

  • Dedicated secondaries underwriting practice
  • Speed and certainty
  • Dedicated M&A claims team

Meet the transactional liability team

  • Angus Marshall
  • Head of Transaction Liability
  • Adam Martin
  • Transaction Liability Practice Leader
  • Grant Hollis
  • Transaction Liability Business Development and New Initiatives Leader
  • Jake Janes
  • Transaction Liability International Team Leader
  • Steve Nagle
  • Transaction Liability Team Leader & Technical Manager
  • Laura Zlotkin-Leslie
  • Transaction Liability Underwriter
  • Siddharth Anand
  • Transaction Liability Underwriter
  • Alex Tinsley
  • Transaction Liability Underwriter
  • Charlotte Lane
  • Transaction Liability Underwriter
  • Alexander MacKay
  • Transaction Liability Underwriter
  • Alejandra Hernandez Irizarry
  • Underwriting Manager
  • Luke Blayney
  • Transaction Liability Underwriter
  • Sarah Cardiff
  • Senior Underwriter
  • Stewart Park
  • Transaction Liability Assistant Underwriter
  • Michael Allen
  • Operations Manager
  • Laurence Dennis
  • Underwriter
  • Luke Andrews
  • Transaction Liability Underwriting Assistant
  • Klevis Murati
  • Transaction Liability Underwriting Assistant
  • Margaret Onifade
  • Transaction Liability Underwriting Assistant

Our transaction liability private enterprise team

  • Joe Perrett
  • Transaction Liability Product Manager
  • Jasmine Afreh
  • Transaction Liability Private Enterprise Underwriter
  • Bilal Khan
  • Transaction Liability Private Enterprise Underwriter

Our first-to-market policy for small business sellers

We estimate there to be nearly half a million SME M&A transactions a year globally, which represents the next sector of growth. We are proud to have developed an award-winning solution specifically for small business sellers to help protect the full value of their deal.

Find out more

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FAQs

Why does transaction liability insurance exist?

Transaction liability insurance is a valuable tool to help buyers and sellers facilitate mergers and acquisitions (M&A). It means the sellers carry the risk for any liabilities which occurred when they owned the company. If these issues are then discovered after the transaction is completed and causes financial loss, the seller could be found to be financially responsible.

Warranties and indemnities are statements of fact. In an M&A transaction, the seller will represent and warrant certain facts about the company which they are selling. An indemnity is a legal promise to be responsible for a third party’s loss if a certain event is to occur.

Warranty and indemnity insurance is available to both buyers and sellers in private M&A transactions, and is most often purchased by the buyer. 

CFC also offers solutions for transatlantic M&A, portfolio acquisitions and secondary fund acquisitions.

CFC recently launched a first-to-market policy which provides small business sellers with cover for indemnity and defence costs resulting from a breach of sale contract. Learn more about how M&A insurance can help sellers facilitate their deal here

Want to learn more about CFC's transaction liability policies?

Get in touch!