A Closer Look at Tax Insurance
01/26/2017
As a follow-up to our blog post addressing the disconnect between reps & warranties policies and identified tax exposures in a transaction, a recently published Bloomberg article discusses the rapid growth and acceptance of tax insurance. While most tax insurance programs involve some sort of transaction, they do not need to be tied to M&A.
Similar to R&W, the product has been nurtured into a more mature state by the large brokers. However, the underwriting process and policy form is clearly distinguishable from that in R&W Insurance.
Related Insights
Mitchell K. Smith, President of Life & Executive Benefits, has been named one of the top Financial Security Professionals in New York-NYC on Forbes’ fourth annual Best-in-State list!
Posted on 08/01/2024
With a proven track record of preserving clients’ wealth over the long term, Mitch exemplifies excellence in the insurance industry and has truly earned this recognition. Forbe...
Read Post
Managing Principal Mitchell K. Smith shares his insight in Aspire magazine on working with high-net-worth clients, meeting their expectations, and making conversations more effective.
Posted on 05/20/2024
With so many insurance products and financial services in the market, advisors specializing in a “niche” can have many meanings. The latest issue of Aspire Magazine looks insid...
Read Post