Contingent Risk Insurance
We continue to lead the development of innovative insurance solutions, replacing traditional risk allocation methods. We thrive on innovating around various contingent risks.
Why should you insure against "known" risks?
Why do I need Contingent Risk Insurance?
Contingent Risk Insurance offers coverage to mitigate risks linked to specific and identified liabilities subject to legal and accounting scrutiny. It becomes crucial when investors or financiers mandate its purchase to safeguard the business valuation and their investment or financial position in the company.
Contingent Risk Insurance solutions
Insurance typically addresses the unknown, but with the increasing market for covering “known” risks within and outside M&A transactions, we stand out.
We lead in developing insurance-backed solutions to replace traditional risk allocation methods, embracing innovation in managing contingent risks. Contingent Risk Insurance provides financial security when identified risks materialise. Given the uniqueness of each known risk, our policies are bespoke, requiring a carefully scoped definition of “insured loss” tailored to specific circumstances.
For a risk to be insurable, it must meet the following criteria:
Robust Legal Analysis: Expert legal analysis in relevant jurisdictions, including due diligence reports.
Quantifiability: The risk must be quantifiable.
Low Probability of Loss: The likelihood of loss needs to be relatively low.
Litigation Stage: For litigation risks, insurers typically expect the case to be at the appeal stage with concrete arguments supporting the success/failure.