Mergers and acquisitions insurance is done a little differently at BKS Partners, even down to the name—here we call it private equity (PE).
We didn’t come up with our own name just for the fun of it, the way we manage private equity is one of a kind. BKS Partners’ holistic approach to risk management and insurance due diligence provides our clients with a 360° deep dive analysis that maximizes decision making insight while reducing transaction uncertainty using our proprietary RiskMap report.
Property & Casualty
Transaction Support: Mergers and acquisitions insurance products tailored to the specifics of a transaction increase financial protection for PE firms and their lenders. All parties involved gain the confidence needed to execute the deal by gaining insights on how to use the following products strategically:
Transfers uncertain future payment obligations related to past known liabilities from discontinued businesses or current operations to the insurer and reduces burdensome collateral requirements/costs following a transaction where the target company’s financials may have changed.
Guarantees the collection of the indemnity and provides additional cash flow advantages in lieu of an escrow.
This coverage reimburses the costs incurred to restore electronic data that has been lost due to the unauthorized access of their system, the introduction of malicious code or virus, or a DOS attack that causes loss or damage to data. Although most companies have data backups stored in a secure location, extra expense can still be significant.
Helps cover defense costs and damages arising out of wrongful act allegations and lawsuits brought against an organization’s board of directors and/or officers.
Provides coverage for unpaid taxes, interest, and penalties incurred when a coverage tax position is challenged by a taxing authority.
Protects against potential disruption and financial consequences that could result from the untimely death or disability of key executives.
After closing a deal, ongoing risk management and insurance services are provided to unlock the profit potential within portfolio companies. PE investments continue to benefit from our holistic approach to risk and insurance in the following areas:
Property & Casualty