Merge Warranty For Free

Whilst either the buyer or seller can technically be insured, most W&I policies are taken out by buyers.

Representation & Warranty Insurance (R&W Insurance) is a type of insurance policy purchased in connection with corporate transactions, and covers the indemnification for certain breaches of the representations and warranties in the transaction agreements.

What Is Representations and Warranties Insurance? Representations and warranties insurance is an insurance policy used in mergers and acquisitions to protect against losses arising due to the seller's breach of certain of its representations in the acquisition agreement.

Indemnity insurance protects against claims arising from possible negligence or failure to perform that result in a client's financial loss or legal entanglement. A client who suffers a loss can file a civil claim.

W&I insurance has increased in popularity in recent years.Warranty and indemnity (W&I) insurance provides cover for losses arising from a breach of a warranty and claims under a tax indemnity (and, in certain cases, other equivalent provisions) in connection with a corporate merger or acquisition (M&A) transaction.

A representation is an assertion of past or existing fact given by one party to induce another party to enter into an agreement. A warranty is a promise that the assertion of existing fact or future facts are or will be true, along with an implied promise of indemnity if the assertion is false.

W&I insurance has increased in popularity in recent years.Warranty and indemnity (W&I) insurance provides cover for losses arising from a breach of a warranty and claims under a tax indemnity (and, in certain cases, other equivalent provisions) in connection with a corporate merger or acquisition (M&A) transaction.