Private Equity

The World Private Equity Team

World’s private equity team helps buyers, sellers, investors, and bankers optimize insurance programs throughout the entire M&A process across many industry sectors and transaction types. And we’re ready to help after the deal closes, too.

The World Difference

Our dedicated team uses a phased approach throughout the transaction, working with your advisors, lawyers, accountants, and bankers to help you assess the risks and opportunities within your unique project. We handle the entire insurance due diligence spectrum, from pre- to post-close support, including:

Scope Of Analysis

Our team examines insurance terms, cost, claims history, and all transaction-related documents to understand current insurance placement and any items the potential new owner needs to consider.

Financial Summary

A thorough evaluation of the current insurance program, historical income statements, self-insured expenses, transactional expenses, surety obligations, balance sheet reserves, and outstanding collateral enables our team to estimate any changes in post-close insurance needs and cost during a five-year period.

Program Adequacy

We perform an extensive review of the company’s current insurance program and provide suggestions for optimizing terms, conditions, and cost to meet its go-forward needs.

Claims Review

As part of our insurance due diligence, we summarize historical claims experience, analyze historical claims activity, and provide commentary on how historical experience compares to industry peers.

Closing Support

We address change of control provisions, provide documentation for pre-close insurance policies, and suggest language for post-close access to seller’s insurance. We summarize one-time transactional insurance programs, including representations & warranties, environmental liability, and tax liability.

Post-Close Support

Once the deal is done, our team is ready to help with next steps for marketing and implementing the new insurance program.

The benefits of insurance due diligence

Insurance coverage is an important, but sometimes overlooked, component of any M&A transaction. Through the process, the status quo may not be preserved, and existing policies may not offer adequate protection for current or future liabilities after closing. Here are some benefits of the insurance due diligence process.

P&C Insurance

Protect EBITDA
Understand the risk management strategy
Improve cost structure
Ensure smooth RWI process

Analyze loss history
Mitigate “change in control” provision
Identity program gaps
Respond to lender requests

Employee Benefits

Conduct valuation of employee benefits’ total cost
Review program compliance & competitiveness vs. benchmark
Understand population demographics

Mitigate employee healthcare disruption
Forecast integration costs
Identify optimization opportunities

Meet the Team

Boris Strogach

SVP, Private Equity Practice Leader

Thad Woosley

EVP, Head of National Practice Groups

Mike Barton

Chief Growth Officer,
Employee Benefits Practice

Josh Simerman

Head of Carrier Relations and Placement,
Employee Benefits Practice

We’re ready to help you
protect what matters most

Let’s Chat

Insurance Due Diligence Services