W&I is a policy designed to protect the Buyer and, simultaneously, the Seller against financial losses arising from a breach of warranties and representations provided for in an extraordinary M&A (Mergers & Acquisitions) transaction. It offers coverage for financial losses resulting from breaches of warranties given and contractualized in the Sale and Purchase Agreement (SPA) by the Seller to the Buyer, for which the Seller is liable to indemnify the Buyer. This means that if, after the sale, the actual situation appears different from what was previously represented and warranted by the Seller, a specific liability would arise for the Seller regarding any financial damages caused to the Buyer.
Solution tailored to each M&A transaction; simplifies negotiation and deal execution; protects both parties.
