Liberty M&A cover helps future-proof buyers
Liberty Global Transaction Solutions has launched a product designed to improve protection for buyers in merger and acquisition deals across the Asia-Pacific region.
It says Liberty Acquisition Protect extends warranty and indemnity protections by providing cover for exposures that may arise after acquisitions are completed.
The product also offers traditional warranty and indemnity and tax liability insurance, with add-on options for cyber, environmental, directors and officers, and crisis management.
Liberty GTS Asia-Pacific head William Lewis says the package is “a game-changer for private equity firms, offering a readily available risk solution for each acquisition, a predictable cost structure, and a seamless way to derisk both the past and the future of the asset.
“Post-acquisition integration periods create heightened governance and decision-making risks. For example, directors and officers can benefit from D&O cover to protect from claims arising from management decisions and actions in the post-acquisition period.
“We also know that integration periods create heightened cyber vulnerability through system changes, data and network integration.”
Liberty Acquisition Protect is available in Australia, New Zealand, Hong Kong and Singapore.