Product Highlights
Transactional Risk insurance products are designed to facilitate transactions by enhancing bids, expediting and easing closings, syndications and offerings, and also provide balance sheet protection. Concord Specialty Risk provides prompt, creative and responsive solutions for equity funds, investment funds, tax directors, corporate growth managers, auditors, lawyers, investment bankers and insurance brokers and wholesalers by providing the following products:
- Representations & Warranties Insurance
- Transactional Tax Insurance
- Other Contingent Liability
Overview
Representations & Warranties
Protects against loss arising from a breach of a seller's representations and warranties made in a merger or acquisition. The insured may either be the seller of the buyer.
Benefits Provided
- Collections Assured
- Avoid Suing Management
- Bridge the Deal
- Enhanced Bid
- Facilitate Acquisition Lending and Resale
- Maximize ROI
Transactional Tax Insurance
Reimburses a company for additional taxes, interest and penalties that are incurred with respect to covered tax positions.
Benefits Provided
- Cash Flow/Liquidity Volatility
- Disclosure Issues
- Preparing To Sell
- Loan and Lease Covenants
- Acquisition Planning
Contacts
212-784-5678
About Concord Specialty Risk
Concord Specialty Risk provides transactional risk insurance that address the risks of loss arising from:
- Mergers & Acquisitions
- Potential regulatory enforcement
- Uncertain tax positions
- Other contingent liabilities
Support
- 24/7 Claims reporting is available at:
fsreportaloss@nationwide.com
1-888-275-7992
Nationwide's dedicated claims team works proactively to complete a thorough investigation of every claim and aggressively manage the defense of claims to help protect your assets. Our dedicated claims team has the experience and technical expertise in numerous jurisdictions to manage professional liability claims and complex litigation.