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Archer - Transactional Liability

Archer Transactional specializes in transaction liability insurance policies. Our team of experienced lawyers/underwriters provides the highest level of end-to-end service to its brokers, insureds, and their counsel, from the time of submission through claims resolution. With highly rated insurance backers, Archer provides unparalleled partnership with stakeholders operating in the capital markets.

Archer provides the following insurance coverage:

  • Representation & Warranty Insurance Policies for merger & acquisitions that provide coverage for losses arising out of breaches of representations and warranties given by the sellers of target companies.

  • Contingent Liability Insurance Policies for a broad range of contingent risks, including litigation buyout policies, judgment preservation policies, adverse judgment policies, and any other contingent risks that insureds are facing that can be underwritten.

  • Tax Indemnity Insurance Policies for known tax risks, including reserved tax exposures, corporate transaction tax risks, solar and wind tax credits, and any other known tax risks that can be underwritten.

  • Secondary Transaction Insurance Policies for representations and warranties given in secondary transactions into private equity or other private capital investing funds

  • Real Estate Transaction Insurance Policies for representations and warranties given in the acquisition of REIT funds or standalone real estate.

Focusing on the mid-market to the smaller mid-market, Archer underwrites a broad range of target companies.

PRODUCT OFFERING

  • Offered in all 50 states

  • Target companies must be U.S.-domiciled businesses

  • Syndicated capacity with insurers rated by S&P at “A” or better, and by A.M. Best at “A” or better

  • Policies are only on non-admitted paper

  • Policy limits up to $25M starting 1/1/2023

  • Transaction values up to $2BB

  • Interim breach coverage available for additional premium when requested

PROGRAM HIGHLIGHTS

  • Experienced underwriting eliminates execution risk

  • Shorter underwriting calls without underwriting counsel participation

  • Internal claims handling keeps the partnership intact

  • Extremely responsive domestic insurer leads Archer’s syndicated insurance capacity

  • Insurers backing Archer have paid numerous claims for other R&W insurance markets they support.

  • Insureds will experience one of the most professional and commercial underwriting approaches in the market.

OUR TEAM

Ben Welch

Lead Underwriter

Ben Welch has been underwriting transaction liability insurance policies since 2014. Prior to transitioning into the insurance industry, Ben was a complex commercial litigation attorney for over 7 years at a big Boston law firm and then handled claims on R&W policies at Peabody & Arnold in Boston. Between college and law school, Ben was an award-winning journalist.

Allie Casagrande

Underwriter

Allie Casagrande joined Archer in 2022 as an underwriter of transactional liability policies.  Before entering the insurance industry, Allie was a mergers and acquisitions (M&A) and leveraged finance attorney with over a decade of experience as a partner in a mid-size law firm, associate in a large law firm and in-house counsel at a Fortune 500 retailer. Due to her years in the practice of law serving as a trusted advisor to private equity clients, Allie brings a unique perspective on the underwriting process.

Bob Goodreau

Underwriter

Bob Goodreau brings over 20 years of corporate taxation experience to underwriting tax indemnity policies and R&W policies for Archer.   Most recently, Bob was managed all tax aspects of mergers and acquisitions (M&A) for a $100b medical device manufacturer. Prior to that, Bob practiced tax with both Ernst & Young and PricewaterhouseCoopers in Boston.  Bob earned a Bachelor of Science from Suffolk University, a Juris Doctorate from New England School of Law, and an LL.M in Taxation from Boston University School of Law.

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