Title to Shares Insurance: Everything You Need to Know
July 24, 2023
For tech businesses, M&A risks are wide ranging and can differ greatly to those of traditional businesses. These risks are not necessarily in physical assets but are often intangible and in many cases unique.
Here are 3 top risks within tech M&A deals:
As tech M&A transactions continue to increase, claims are also on the rise. It is worth noting that E&O policies typically exclude patent litigation, so having fit-for-purpose insurance in place can help facilitate a smoother transaction and provide the seller with peace of mind.
AcquireCover's solution for business buyers and sellers is Transaction liability private enterprise (TLPE). TLPE is a first-to-market sell-side product developed by CFC, a Lloyds of London Syndicate which can provide comprehensive coverage for tech M&A transactions up to an enterprise value of $15M. TLPE covers the seller for any innocent breaches of warranties up to 7 years, as well as defence costs.
For more information visit us at AcquireCover Insurance