An Italian corporate specialising in pump production and was acquiring a mid-sized competitor. To facilitate the negotiations the buyer wanted a W&I coverage rather that demanding indemnification from the seller.

Nor the buyer or the seller were expert in the W&I solution, and there were inconsistency and gap between the proposed warranties and the DD conducted.

Icen Risk was able to assist helping and the broker, working with the client and providing as much cover as possible, within the DD limitations.