UK distributor of catering equipment
Background
A UK listed multinational distribution and outsourcing company was looking to acquire a UK distributor of catering equipment.
Issue
The buy-side DD identified issues with the target company's wider data protection compliance.
Solution
An insurance policy was issued to the buyer that avoided a blanket data protection exclusion arising from our ability to successfully navigate this area during underwriting. We gained comfort around the buyer's remediation project plan post-completion and were able to provide the buyer with a comprehensive and more flexible policy.