Dr Mark Parrett

Insurance Broker, Head of Tax, Hemsley Wynne Furlonge LLP

Mark is Head of Tax Insurance at HWF, specialising in advising clients on creative and innovative specific tax insurance solutions. He joined HWF in 2018 having spent more than 10 years as a Tax Advisor, including at two of the ‘big four’ accountancy firms.

Mark’s previous experience primarily consisted of advising on the tax elements of M&A transactions (e.g. tax due diligence, acquisition structuring, exit planning etc) for a variety of large corporate and private equity clients. Mark advised on transactions across a wide range of jurisdictions and industry sectors. He qualified as a Chartered Tax Advisor in 2011.

Mark also advised the M&A tax insurance industry on the tax technical merits of the specific tax risks they were potentially looking to underwrite.

Contributed to

1

Warranty and indemnity and contingent risk insurance in distressed M&A transactions

Practice notes

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.

Insurance & Reinsurance