With the explosion of the RWI product and increase in the number of insurance carriers, buyer insured have watched reps and warranties insurance evolve in the past five years and are now faced with important choices to make when it comes to selecting a carrier to underwrite a reps and warranties insurance policy. In this episode, Bryan and Gena are joined by prominent private equity attorney, Neal Reenan, Partner, Latham & Watkins to discuss:
• The growth of the RWI product from the buy-side perspective
• How buyers differentiate and select insurers beyond price
• The importance of a carrier’s claims process and history
• Practical recommendations for insurers on how to improve the RWI process
• The key role that underwriting counsel play in the transaction from the buy-side counsel’s perspective
