CFC LAUNCHES R&W SOLUTION FOR TRANSATLANTIC TRANSACTIONS

Specialist managing general agent CFC has enhanced its transaction liability services with the launch of representations and warranty cover. CFC said the new product “fills the gap” for brokers in the growing transatlantic M&A space. The new product has been designed to help buyers purchasing a UK or European business by connecting the gap between North American coverage and mergers and acquisitions (M&A) practices across the Atlantic. It is intended to simplify solutions to the discrepancies in terminology, drafting, insurance cover and underwriting business between parties across the two continents. CFC has a substantial portfolio in the lower mid-market M&A space across the North American market.