Contingent Liability Insurance

A historic cyber-breach; a contractual dispute; a regulatory investigation; a data-breach; past product liability. There are many issues that a company could be facing. These might come out in due diligence or may be known about when prepping a business for sale. A buyer may require an indemnity or a price-chip, or may even walk away. A seller will want a smooth sales process and a clean exit. There may well be a different view on both sides about the outcome. Contingent Liability policies provide cover for known issues, passing the risk to the insurance market.  

Insurers typically require a favourable legal opinion or advice to assess these types of risk. As a first step, please get in touch with us and we will provide our view on what may be achievable.