A well-established, UK based, family business was approached by a trade-buyer wishing to increase its product offering and production facilities.

The sellers were receptive to the offer for the business but reluctant to give the full consideration, value of warranties being demanded by the buyer. The sellers wanted a short deal timetable to minimise disruption to their business.

The sellers' existing insurance broker approached Icen Risk, looking for a sellers' W&I policy.