The Insurance Due Diligence Report
The principal deliverable of an M &A Due Diligence Review is a concise memorandum with an insurance schedule attached. The format utilized by Montclair Risk Advisors opens with a summary paragraph that states the scope and methodology of the review, identifies any deal-breaking or material matters that may have a material bearing on the price of the transaction.
Following this, we outline a strategy for bringing the insurance and risk management issues to closure. This will include discussion of the exceptional coverage matters and what the available options are — and what it will cost to make the corrective measures.
In the final section we list the tasks that need to be done before closing. The list typically will include recommended wording to be inserted into the closing agreement and advice as to how the recommended insurance placement is to be put into effect.
Click here Insurance Due Diligence Checklist to download a copy of it.
