Contingent Liability Insurance
Contingent liability insurance offers tailored solutions for specific risks that either arise in the ordinary course of business or that been identified during an M&A transaction. These may include a wide spectrum of issues ranging from environmental, employment or pension related liabilities to an existing or threatened litigation.
By transferring these identified risks to an insurance policy, a business is able to cap or ring-fence the potential exposure or, if necessary, release capital against a contingent liability before such liability crystalises.
Typically, these types of risks require a creative and bespoke approach to underwriting and our team has had years of experience in dealing with complex contingent risks, enabling us to offer tailor made solutions to our clients.
Duration: up to a maximum of seven years
Limits: up to £40,000,000