XPX Philadelphia - Reps and Warranties Insurance 101

Representations and warranties insurance is now a frequently used product intended to protect a buyer or seller from financial loss resulting from inaccuracies in reps and warranties made in a definitive purchase agreement about the selling company. It streamlines the sale process and potentially enhances bids for buyers. In this session, get an overview of what it is, its evolution, strengths and weaknesses, and what is covered and what is not. Learn about common misconceptions and pitfalls and real world claims experience. The real intent of the policy is protection and a benefit of the product is more cash at closing for the seller(s).