Using Insurance to Transfer Transaction Risks

Metropolitan Corporate Counsel

PUBLISHED ON: July 5, 2017

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As in-house counsel, imagine that your company is preparing to sign one of the largest transactions of the year, but it faces significant risks in performing under the agreement. These risks could impair your ability to deliver what you promise to do, and might also harm your employees or property, or the employees or properties of other parties. And the risks may be out of your company’s control. Unsurprisingly, your CEO wants to know how to reduce the chance that they might undermine profitability and the ultimate success of the transaction.