Podcast

Nov 24, 2020

Into the Breach Podcast - Episode 2: Top 5 Tips for RWI Underwriting and Due Diligence on a Tight Timeline

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Into the Breach is the first law firm podcast exclusively devoted to reps and warranties insurance and the transactional risk markets. Hosted by Seyfarth partners Bryan M. O’Keefe and Gena B. Usenheimer, each week the hosts in their unique, buoyant style, interview leaders from the industry, and explore the latest developments, market trends, and news impacting RWI and transactional risk insurance.

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Episode 2: Top 5 Tips for RWI Underwriting and Due Diligence on a Tight Timeline

Everyone knows the drill: you find out that the insured is buying your policy, but the parties want to sign ASAP. Suddenly, the insurer is pressured to finish underwriting, due diligence, and meet the parties expectations, all while not missing any critical issues. In this episode, Bryan and Gena are joined by Nick Tuliebitz, Co-Head of M&A Insurance North America at AssuredPartners. Nick will review his top 5 tips for RWI underwriting and due diligence on a tight timeline including:

  • The advantage to using the buyer’s mark-up of the purchase agreement on R&W submissions
  • The importance of not rushing the underwriting call, no matter the circumstances
  • Strategic ways to use conditional exclusions on the policy
  • Remembering that the RWI policy can be bound after signing
  • Keeping perspective