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The Importance of Due Diligence

02/27/2024 Written by: Darlyn P. Heckman

At the end of each year, AIG releases a Representations and Warranties claims report. Being one of the earliest insurers in the space, AIG has robust and comprehensive data about claims in the market, with historical information dating back 20 years.

A key takeaway from AIG’s 2023 year-end claims report is that one in six Representations and Warranties policyholders will have a claim. 60% of losses paid came from deals under $250M, but they only accounted for 44% of premium dollars.

As a potential buyer of insurance, this fact highlights the importance of rigorous and comprehensive due diligence, irrespective of the size of your transaction. The AssuredPartners M&A Vertical provides comprehensive insurance and benefits due diligence and skillfully advises on transactions of all sizes. If you are in need of due diligence advisory or Representations and Warranties Insurance, please reach out to our team.

Need more insights? The AssuredPartners M&A team can help.

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