Warranty and indemnity insurance can transfer certain risks arising from warranties in a sale and purchase agreement to an insurer. Insure24 can arrange W&I insurance through its wholesale broker route with Citynet, subject to case-by-case underwriting, due diligence, insurer appetite and final policy terms.
W&I insurance is designed for unknown warranty breaches, not every transaction loss. The acquisition agreement, disclosure process, diligence and policy wording determine what may be insured.
Important: availability, cover, price and timing depend on the transaction, due diligence, insurer appetite and final policy terms. Nothing on this page is legal, tax or personalised regulated advice.
A W&I policy can support the negotiated allocation of warranty risk between a buyer and seller.
The insurer needs enough evidence to understand the transaction and the quality of the diligence supporting the warranties.
Insure24 acts as an insurance broker and uses a specialist wholesale route for market access.
Cover depends on the negotiated policy. It may respond to certain losses arising from insured warranty breaches, subject to exclusions, disclosure, retention, limits and all other policy terms.
No. Buyer-side and seller-side structures may be available, but the appropriate structure depends on the transaction and market appetite.
No. Underwriters normally expect proportionate diligence and use it to assess the warranties and risks they are being asked to insure.
Product statements are qualified by Insure24's approved proposition and reviewed against the following public sources.
Prepared as general information for UK transaction participants and advisers.
Tell us whether you are a buyer, seller or adviser, the target activity and location, the transaction structure, an approximate value band, the expected timetable and whether an identified risk exists. Do not include confidential documents or detailed risk information at this stage.
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