La Playa: Insurance with Intelligence®

Science & Technology

La Playa: Insurance with Intelligence®

M&A Insurance

Considering flotation or a private acquisition or sale? M&A Insurance is a useful way to ring-fence the warranties and liabilities contained in the merger or acquisition prospectus, offering documents, or Sale and Purchase Agreement (SPA).

We can offer IPO and Warranty & Indemnity Insurance for public offerings and private transactions.

Mergers & Acquisitions Insurance

Bring confidence for all parties: ring-fence SPA warranties and indemnities and transfer them to a carrier...

  • Free-up capital that might otherwise be stuck in escrow
  • Remove uncertainty around long-term tax liabilities, by passing them to an carrier
  • Beef up your IP reps and warranties with bullet-proof insurance

Buyer policies can be structured to achieve any or a combination of the following:

  • Increase the amount of indemnity and extend survival periods
  • Back-stop an indemnity or other obligation where there’s concern the seller may fail to perform or is perhaps not financially able to meet its obligations
  • Broaden the scope of warranties & indemnities to a level acceptable to the buyer
  • Distinguish a bid in auction process

Seller policies can be used to:

  • Protect passive sellers (silent investors)
  • Avoid funds being held in escrow – enabling early distribution of sale proceeds
  • Reduce contingent liabilities, e.g. tax liabilities
  • Enable a “clean exit”

What's covered...

Insurance policy limits are available up to:

  • USD 100,000,000
  • GBP 70,000,000
  • EUR 80,000,000

For an initial non-binding quote indication, we need:

  • Copy of draft sale and purchase agreement
  • Most recently filed audited accounts
  • Disclosure letter if available

Warranty & Indemnity Insurance

Disagreements over the scope of warranties and indemnities made by one party to another, or the duration or amount of a party’s indemnification obligations can break negotiations. A W&I policy can be an effective tool to bridge these gaps.

Primarily designed to respond in a merger and acquisition context, W&I Insurance can also be used to respond to warranties or indemnities given in other transactions such as:

  • Financings & Investments
  • Licensing Agreements
  • Liquidations
  • Restructurings & Workouts
M&A Insurance

Talk to us today.

You can call us to talk more about your business insurance on

What's Covered?

Auto Insurance
Auto Insurance
Business Travel Accident
Business Travel Accident
Clinical Trials Liability Insurance
Clinical Trials Liability Insurance
Consequential Loss Insurance
Consequential Loss Insurance
Crime Insurance
Crime Insurance
Cyber and Privacy Insurance
Cyber and Privacy Insurance
Directors & Officers Liability
Directors & Officers Liability
Environmental Liability Insurance
Environmental Liability Insurance
Errors & Omissions Insurance
Errors & Omissions Insurance
General Liability Insurance
General Liability Insurance
Inland Marine
Inland Marine
Intellectual Property Insurance
Intellectual Property Insurance
Lab Insurance
Lab Insurance
MA Insurance
M&A Insurance
Product Recall Insurance
Product Recall Insurance
RD Insurance
R&D Insurance
Risk Management
Risk Management
Workers' Compensation
Workers' Compensation
Stock Deterioration Insurance
Stock Deterioration Insurance
Supply Chain Insurance
Supply Chain Insurance

Monthly Payments

Cancel Anytime

Benchmark Us

Quote within 24 hrs

Testimonials

What Our Clients Say

science-quote

Insurance brokers who understand and work with technology companies are a rare breed, to be highly recommended.

Specialist & Independent

La Playa's specialist Science & Tech team can help you protect your business with smart, flexible, high-performance insurance - with a friendly human UI. We understand the risks and pressures you face - and we speak your language. We’ll support you with great advice - helping you make good decisions for your business.

Advice You Can Trust

…from an expert who understands you

  • Specialist insurance for science and technology
  • Independent professional advice
  • Relationship-based service: right beside you when you make a claim
  • “Can do” culture
  • Seamless insurance across US and UK
Robot

Tech-based business is 24/7, global and borderless, always exposing you to new risks and liabilities - often in unfamiliar places. As the law struggles to keep pace with technology, insurance can provide a real safety net if you fall foul of changing legislation.

Get Specialist Science & Technology Insurance and Innovate with Confidence

La Playa Logo