Title to Shares Insurance: Everything You Need to Know
July 24, 2023
Leveraging the expertise of its seasoned underwriting staff along with its leading mid-market M&A insurance products, AcquireCover combines insurance with technology delivering connectivity solutions that offer valuable protection available to buyers protecting them against IP infringement & risks associated with a merger or acquisition.
Buyers frequently purchase transaction liability insurance to protect themselves against financial loss resulting from breaches of the representations and warranties (reps and warranties) made by the seller regarding the company being acquired, including reps and warranties in relation to IP. While these policies afford some IP protection, the extent of this protection can vary depending on the scope of the IP reps and warranties.
As an example, the relevant IP reps and warranties may include qualifiers which typically relate to issues which occurred prior to acquiring the company and do not provide any protection future IP infringement allegations.
A robust standalone IP insurance policy will protect the target against IP infringement allegations including patent infringement. By adding AcquireCover's standalone IP cover to the reps and warranties insurance, clients can secure holistic IP coverage for both past and future IP risks via a single, streamlined underwriting process.
AcquireCover believes this powerful combination can act as a deal facilitator, smoothing the negotiation of IP reps and warranties and providing peace of mind for both the acquisition and integration stages of a transaction.
AcquireCover, has on tap, one of the largest dedicated IP insurance underwriting teams in London, made up of expert IP underwriters and backed by a panel of specialist claims adjusters and risk management partners. AcquireCover's underwriters have become the largest lower mid-market M&A insurer in North America (by policy count) and one of the largest M&A insurers globally with an underwriting team made up of experienced M&A attorneys, investment bankers and chartered accountants.