01/26/2017
As a follow-up to our blog post addressing the disconnect between reps & warranties policies and identified tax exposures in a transaction, a recently published Bloomberg article discusses the rapid growth and acceptance of tax insurance. While most tax insurance programs involve some sort of transaction, they do not need to be tied to M&A.
Similar to R&W, the product has been nurtured into a more mature state by the large brokers. However, the underwriting process and policy form is clearly distinguishable from that in R&W Insurance.
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