Skip To Main Content
clear

Please be informed that AIG will cease using the SMS sender ID ‘76161’ after 31 October 2024. From 1 November 2024, all SMSes sent by AIG will show ‘AIG’ as the sender ID. For any enquiries or to report suspicious messages, please contact us at 6419 3000 or www.aig.sg/contact-us.

Warranty and Indemnity

Crisis support for your business and your employees

Why Choose AIG for Warranty and Indemnity Insurance?

In the ever-changing M&A landscape, navigating complexities and meeting due diligence and compliance requirements can be challenging. AIG’s deep knowledge and decades of experience in M&A enable us to create comprehensive insurance solutions that offer companies comprehensive and tailored protection against financial loss resulting from inaccuracies in the warranties and indemnities relating to an acquired company or business.

We have helped buyers and sellers close more than 4,000 deals. With the largest global presence of specialised M&A underwriters in the industry, we collaborate closely with negotiating parties to measure and mitigate transactional risks, help reduce uncertainty and quickly close deals. 

The AIG Advantage

Comprehensive cover

Coverage for a complete set of warranties and indemnities made by a seller, including title, commercial and tax matters.

Ease of reimbursements

Buyers can recover losses directly from the insurer without needing to locate and pursue a seller and its assets.

Exceptional claims handling

Access to our outstanding team of claims professionals who are experienced and specialised in litigation relating to acquisitions, ensuring that your claim will be resolved in a professional and efficient manner.

AIG Warranty and Indemnity Solutions

  • Businesses involved in corporate acquisitions or disposals seeking protection from financial loss resulting from inaccuracies in warranties and indemnities given by a seller as part of a transaction
  • The named insured under a Warranty and Indemnity policy can be the seller or buyer of a business, or other interested parties, including a new company, special purpose vehicle or a guarantor

A buyer-side policy allows the buyer to recover losses arising from inaccuracies in the warranties and indemnities directly from AIG without first pursuing recovery from the seller.

 

A seller-side policy reimburses the seller for losses arising from warranty and indemnity claims by the buyer.

 

Each policy is tailored to meet the specific needs of the transaction, with coverage designed to:

  • Work back-to-back with the recourse and risk allocation agreed between the buyer and seller in the acquisition agreement;
  • Mirror the minimum claim provisions (de minimis and retention thresholds) and other limitation language in the acquisition agreement;
  • Match the warranty survival period under the acquisition agreement (including any extended period for tax) – extendable if required; and
  • Cover first and third party claims and associated defence costs. Cover on a buyer-side policy will also respond to fraud by the seller.

The AIG Advantage

  • Bespoke products designed for M&A transactions, based on more than 40 years’ experience working with Singapore businesses, and over 95 years serving customers around the world. 
  • Local expertise backed by a worldwide network of highly-skilled insurance professionals, helping to make complex deals a reality.
  • Financial strength and stability – large capacities available, reducing the need for multiple insurers.
  • Access to our highly-skilled and specialised team of claims professionals who will process your claim efficiently and professionally.

Related Content

Solutions

Learn More

About Us

Learn More

Contact Us

Learn More