Representations and warranties insurance (RWI) has been a critical component of M&A transactions for many years. In the past decade, however, coverage for transactional risk has evolved to include specialty coverage for both tax and contingent (litigation) risks. This evolution has led to a significant expansion in the transactional liability insurance markets.
As part of this continued expansion, international and domestic insurers have called on Alston & Bird to represent them in these specialty areas. We have advised on hundreds of tax insurance matters, totaling multiple billions in total coverage.
More recently, the insurance markets have begun offering contingent risk insurance, and we are leading the way. We regularly help underwriters navigate and manage these risks by leveraging our technical expertise, industry knowledge, and collective experience to advise on the issues embedded in each bespoke risk. We are well equipped with the knowledge and experience to counsel businesses in the following areas: