Liberty GTS says 2022 likely to be ‘bumper year’ for M&A market
Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance, has said its capacity for the 2022 underwriting year will remain unchanged at $200 million per risk for transactional risk protection for all product lines including warranty & indemnity/representations & warranties, tax liability and contingent legal risk.
Liberty GTS underwrites M&A lines of business on behalf of Liberty Mutual's Lloyd's of London Syndicate 4472 and Liberty company platforms.
It operates as a global specialty business, providing brokers and clients with centralised M&A insurance capabilities across its international network of offices.
Its president Rowan Bamford (pictured) said: “Our appetite for this risk class remains as strong as ever in 2022. Our consistent capacity will allow us to support our clients in what is likely to be a bumper year for the M&A market, following the surge in the demand for M&A insurance that we saw in 2021.”
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
Already registered?
Login to your account
If you don't have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content.
For more information on individual annual subscriptions for full paid access and corporate subscription options please contact us.
To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.
For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk
Editor's picks
Editor's picks
More articles
Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze