Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance Group, has introduced Liberty Acquisition Protect, a first-of-its-kind packaged solution to help de-risk acquisitions in Asia Pacific.
Liberty Acquisition Protect addresses the coverage gap that exists in traditional M&A insurance.
When a purchaser acquires a business, they inherit two categories of exposure; historic risk and go-forward risk. A traditional Warranty & Indemnity (W&I) policy addresses the historic risk, helping to protect against losses if a seller’s warranties (statements of facts about the business) turn out to be untrue. Liberty Acquisition Protect now addresses both exposures.
Liberty Acquisition Protect offers an enhanced W&I solution by offering protection for go-forward exposures that may arise after the acquisition is completed.
Developed to provide protection against the inherent complexities that come with M&A activity, Liberty Acquisition Protect packages a suite of go-forward operational insurance coverages from Liberty, together with the historical cover offered by W&I and Tax Liability insurance. These add-on options are renewable and currently include Cyber, Environmental, Directors & Officers (D&O), and Crisis Management coverage.
Liberty Acquisition Protect offers a streamlined, efficient way to de‑risk acquisitions, with readily available risk solutions and predictable cost structures. The product covers Singapore, Hong Kong, Australia and New Zealand.
Key benefits for M&A buyers
- Protects both historic and future risks of the acquired business
- Extended value through free additional coverages
- Renewable policies that support the asset beyond completion
- A streamlined, efficient way to de-risk acquisitions designed specifically for acquiring standalone businesses in Asia-Pacific; especially in Hong Kong, Singapore and Australia.
Key benefits for Brokers
- A simple, bundled solution that’s easy to explain and place
- Access to Liberty’s global expertise and standardised policy wordings
- A compelling proposition for competitive deal environments
For more information about Liberty Acquisition Protect or to contact an underwriter please visit our Mergers & Acquisitions product page.
