Adrian Furlonge

This Practice Note sets out the key documents that are exchanged between parties in order to arrange Warranty and Indemnity insurance (W&I), explains the underwriting process in placing W&I insurance, common W&I insurance exclusions and common W&I insurance policy definitions.

This Practice Note sets out the process of dealing with Warranty and Indemnity insurance (W&I) claims. It explains the key claims clauses in W&I insurance policies, being claims notification clauses and claims conduct clauses in W&I insurance policies and claims settlement tips in W&I insurance claims.

This Practice Note considers warranty and indemnity (W&I) insurance and contingent risk insurance in distressed M&A transactions, including transactions affected by the coronavirus (COVID-19) pandemic. It considers the scope of due diligence and seller warranties and other issues affecting the availability and price of insurance cover. It also provides practical guidance as to the impact insolvency proceedings may have, be it administration, receivership or liquidation. This Practice Note also provides guidance on synthetic W&I cover, tax contingent risk insurance and environmental impairment liability insurance.