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ARTICLE · 05 JUNE 2019

Recent Developments On W&I Insurance

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W&I insurance keeps growing fast, facilitating transactions in the Spanish M&A space. Here are a few reflections based on recent experience advising the most active insurers in the market.

SpainInsurance

W&I insurance keeps growing fast, facilitating transactions in the Spanish M&A space. Here are a few reflections based on recent experience advising the most active insurers in the market. 

American style

No, American-style policies have not made their way to Spain yet, but it is true that some of the new players are making a substantial effort to increase cover, following the damages definition in the SPA, and keeping warranty qualifications and exclusions at the bare minimum or non-existent, without increasing the premium. These new players offer back-to-back cover focusing only on the retention / attachment point, coupled with the standard set of general exclusions.

Open tax audits

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