- Created with the intention for the insurer to assume the seller's position and offer coverage based on a fully negotiated set of warranties.
- Buyer claims against insurer for breach; Insurer waives subrogation right except in cases of seller fraud.
W&I Insurance has become increasingly vital in mitigating risks for both buyers and sellers, by transferring liability from seller to insurer.
Why Malakut:
- Brokers partnering with us will have insights specific to the intricacies of W&I transactions and other related insurance products and services.
- Extensive relationships with underwriters and insurers as well as law firms, investment banks and Private Equities.
- Brokers have unique requirements when it comes to servicing M&A transactions. We work closely with you delivering customized solutions that align with the diverse nature of your clients. Together we can open additional revenue streams for your local business for placements of P&C lines, Cyber consulting services and more.