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.

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