Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance, has said its capacity for the 2022 underwriting year will remain unchanged at $200 million per risk for transactional risk protection for all product lines including warranty & indemnity/representations & warranties, tax liability and contingent legal risk.
Liberty GTS underwrites M&A lines of business on behalf of Liberty Mutual's Lloyd's of London Syndicate 4472 and Liberty company platforms.
It operates as a global specialty business, providing brokers and clients with centralised M&A insurance capabilities across its international network of offices.
Its president Rowan Bamford (pictured) said: “Our appetite for this risk class remains as strong as ever in 2022. Our consistent capacity will allow us to support our clients in what is likely to be a bumper year for the M&A market, following the surge in the demand for M&A insurance that we saw in 2021.”
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