Tag archives: insurance

Transforming Adversity into Opportunity: The Need for New Technologies Fuels Insurance M&A

By nrfdigitalteam on March 18, 2021 Posted in M&A, Technology and innovation

The COVID-19 pandemic has changed the way in which we interact with the world. From working, to shopping, to socializing, most aspects of our daily lives have moved to the online world. Consumers now expect effective online platforms for all goods and services, and businesses have been forced to adapt quickly. The need for robust … Continue reading

Key findings: 2018 SRS Acquiom Buy-Side Representations and Warranties Insurance (RWI) Deal Terms Study

By Troy Ungerman (Toronto) on November 8, 2018 Posted in M&A

SRS Acquiom recently published its first Buy-Side Representations and Warranties Insurance (RWI) Deal Terms Study. The study analyzed the terms of 588 private-target acquisitions that closed between 2015 and 2017, the majority of which are not required to be publicly disclosed. As Canadian M&A deals continue to use RWI at an increasing pace, insights from … Continue reading

Quebec opens its door to InsurTech: opportunities to grasp

By nrfdigitalteam on September 4, 2018 Posted in M&A, Technology and innovation

The insurance industry is changing. A more digitally savvy customer base and the emergence of new technologies are reshaping the sector. Enter technology-led companies known as “InsurTechs.” In Québec, this innovative business approach along with a substantial legislative change is expected to increase M&A transactions. Mindful of offering a regulatory environment that is flexible and apt … Continue reading

A rundown of “run-off insurance”

By Denise Gan (Toronto) on September 13, 2016 Posted in M&A

Run-off insurance is a particular aspect of director and officer liability (D&O) insurance that can protect directors and officers of a target company following an M&A transaction. In many cases, a target company’s directors and officers will resign from their roles following an acquisition. Run-off insurance (also known as closeout insurance or run-off cover) protects … Continue reading

Cyber security: what the hack?

By Denise Gan (Toronto) on November 19, 2015 Posted in Corporate finance

In a previous blog post, we discussed how to manage cyber security risks during the negotiation and due diligence stages of an M&A transaction. In this post we discuss cyber security insurance as a tool for managing this unwelcome risk. The cyber security risk Although businesses have been ramping up their information security systems, the … Continue reading

Foreign investors eye Canadian companies

By Kassy Corothers (Calgary) on June 9, 2015 Posted in Corporate finance, Energy

Canadian companies are becoming increasingly attractive to American and European companies as targets of foreign investment according to a recent article from the Lexpert Special Edition on Canada’s Leading Corporate Lawyers, published within the June edition of The Globe and Mail’s Report on Business Magazine. The Lexpert article states that both U.S. and U.K.-based investors … Continue reading

Make it someone else’s problem: allocating risk in M&A transactions through insurance

By Matthew Lippa (Toronto) on April 2, 2015 Posted in Corporate finance

During the course of an M&A transaction, it is often the case that the most hotly negotiated aspects of a purchase agreement are the representations and warranties and related indemnities. This is not surprising as these are the key devices used to address allocation of risk as between the parties, and by extension, price. While … Continue reading