Protect your capital in times of change
As valuations climb and competition increases for a scarcity of useful assets, both buyers and sellers are seeking a competitive advantage. Sellers are looking for greater certainty on post-closing adjustments, while buyers are seeking fair risk allocation.
In addition to Representations and Warranties insurance, other transactional risk insurance products are available to mitigate post-closing risk, help smooth the transaction process, and ultimately create a win-win situation for all deal partners.
At BFL CANADA, we can further support your transaction with benefit insurance and due diligence services to help you understand your target or prepare your business for sale. We can support with go forward operational insurance with best-in-class capabilities across a variety of industry verticals.
Secure your transactions
Given the active M&A market, Representations and Warranties insurance (R&W) has become commonplace on mid-market and large-cap transactions. A R&W insurance policy indemnifies the buyer for sellers’ breaches of representations and warranties in the purchase agreement. This is a first-party policy often used in situations where there is a gap between the buyer and seller concerning escrow and indemnity obligations, or where a buyer is looking to distinguish their bid by removing or limiting the escrow and indemnity obligations.
At BFL CANADA, we are here to support transactions with M&A unique strategies and provide solutions including R&W insurance.
Download our brochure to find out more about Representations and Warranties insurance.
Discover your coverage solutions
Every transaction has its own particularities, and our team of experienced M&A professionals will analyze your insurance needs and build appropriate solutions for your transactions.
Whether you are looking to transfer the indemnity risk related to Representations and Warranties, bridge the gap on an uncertain tax position, or mitigate a contingent liability, we will assess and deliver without execution risk.
At BFL CANADA we have built our reputation by being sensitive and responsive to your timelines and goals, we align our values with yours to support your milestones.
REPRESENTATIONS AND WARRANTIES INSURANCE (R&W)
Protects fundamental, general and tax representations and warranties, and other specified indemnities (financials/pre-closing tax). It takes into account risk transfer from both parties in the transaction and provides access to the insurance industry’s capital to allow for the efficient transfer of certain transaction risks to the insurance market.
TAX INDEMNITY INSURANCE
Protects against financial loss should a tax authority take an adverse position. Tax credit insurance provides certainty that tax credits remain in place at the target after transaction close to the protection valuation.
CONTINGENT LIABILITY INSURANCE
Transfers the risks associated with a unique potential liability situation in a transaction. Situations can vary from employment issues, contractual disputes, intellectual property issues and product liability, etc.
These are known transaction items which may become a gating issue should you be unsuccessful in negotiating a special indemnity in a transaction, and could qualify for Contingent Liability Insurance.
DUE DILIGENCE RISK REVIEWS AND ASSESSMENTS
Helps review and assess your company’s or a potential target’s insurance program(s) and provide recommendations to optimize your insurance programs and realize synergies in coverage and cost.
Representatives available across Canada
The BFL CANADA advantage in a competitive market
BFL CANADA has achieved extraordinary growth because of our consistent ability to perform and deliver due to our expertise, professionalism and dedication, as well as our entrepreneurial culture. This culture and work ethic have driven our growth and attracted organizations with which we have established meaningful and mutually beneficial partnerships.
WHY DOING BUSINESS WITH BFL CANADA IS IN YOUR BEST INTEREST?
We are insurance brokers, we don’t work for an insurance company.
- We negotiate on your behalf to get the best protection, rate and deductibles.
- We work with you to develop tailor-made solutions adapted to your reality.
- We deal with all major insurers that specialize in your industry.
- We have offices across Canada to meet your local needs and partners in over 140 countries for your global ambitions.
- We are solution seekers for companies of all sizes and every industry.
At BFL CANADA, we help our clients get peace of mind. Most insurance policies require various insurance companies to share the risk. As your insurance broker, we are able to canvass the insurance marketplace, approach financially sound insurers and always act in your best interest.