Insurance is regulated and is a state subject with federal oversight in America. Mergers and Acquisition of Insurance Carriers, Re Insurance firms, Insurance Book of Business, Insurance Brokerage & Agency thus comes under scrutiny of State Insurance Commissioners for solvency and service continuation.
HealthCare reforms will lead to creation of ACOs (Accountable Care Organizations), thus we expect lot of buying, selling or business alignment in this space. 55% of all insurance M&A activity since 2000 has been in the P&C sector. On the life side, as the capital markets have shown signs of recovery, companies may be seeking to jettison underperforming lines of business. The M&A uptick in both the property & casualty (P&C) and life sectors should continue as long as the industry can effectively deal with remnants of the global financial crisis, which, for many insurers, manifested itself in low stock valuations and rating downgrades.
Insurers wants M&As to get operational efficiencies, scale, diversification and risk profile, as well as management talent. They need help for good governance, target selection & due diligence with rigor. One should look beyond solely economic factors and take into consideration aspects such as an insurer's operations, claims and underwriting activities, as well as a host of other cultural issues as part of the M&A due diligence process. We have deep connections with investors, buyers, sellers, health, life, property & casualty insurers. We can help Buy or Sell side get complex merger, acquisition, sale and restructuring transactions.
iProjects could also help you with Litigation Transfer or Litigation Cap, Warranty and Indemnity Insurance, Liability Buyout and IPO Insurance. The Warranty and Indemnity insurance helps protect a buyer or a seller from financial loss from a breach of warranties and indemnities made in connection with a transaction.