Question 1

What is M&A insurance and why is it needed?

Accepted Answer

M&A insurance protects both sellers and buyers in a business transfer.

For the seller, it provides a secure "clean exit" without ongoing liability for warranties after the transaction. The buyer gains additional security because any claims are handled by the insurance company rather than the counterparty. The result is a simpler, faster, and safer transaction for all parties.

Question 2

Is Täckning reliable? Who are you?

Accepted Answer

Yes. Täckning is a Swedish initiative designed to make insuring small and mid-sized enterprise transactions easier and safer. We offer a digital entry point into what is otherwise a complex and technical insurance process, where both buyers and sellers are often left without protection against future claims.The insurance products are provided in collaboration with Max Matthiessen, one of the Nordic region's leading specialists in M&A insurance, a licensed insurance broker under the supervision of the Swedish Financial Supervisory Authority. Behind Täckning is the team at the investment company Future Ventures, with backgrounds in business law, accounting, and digital product development.Together with Max Matthiessen, our ambition is to create real security and business value for entrepreneurs through comprehensive protection, , and a smooth customer journey, so you can focus on the deal knowing the risks are professionally managed.

Question 3

Who is the insurance for and who can take it out?

Accepted Answer

The insurance is particularly suited for smaller transactions (3-600 MSEK) and is taken out by the seller.

Question 4

What does the insurance cover?

Accepted Answer

The insurance protects against unknown breaches of warranty, i.e., errors or deficiencies that neither buyer nor seller was aware of at the time of the transaction. It can be compared to hidden defects insurance when buying a house, where issues may arise despite inspection and expert review. This insurance works similarly, but for business transfers. The insurance particularly covers hidden financial and tax exposures, which are often the greatest concern for parties in business transfers. The insurance therefore provides robust protection against unexpected financial claims.In addition, the insurance covers several of the most critical warranties in a share purchase agreement.Want to see exactly what's covered? Contact us or submit a quote request for more information.

Question 5

How is the premium calculated?

Accepted Answer

The premium depends on factors such as the purchase price, the company's revenue and how much insurance coverage you want. Most choose coverage corresponding to 10-50% of the purchase price with a minimum amount of 4 MSEK and a maximum of 60 MSEK. The premium usually amounts to 1-1.5% of the insured amount.Fill in your details in our premium calculator to get a personal quote directly.

Question 6

Do I need to submit lots of documents?

Accepted Answer

No, the process is simple and fully digital. To prepare a quote, we only need a few basic details, such as purchase price, revenue and desired coverage. If you have a share purchase agreement, upload it and our team will conduct a quick and thorough review. We'll then quickly return with a tailored proposal for your transaction.

Question 7

What happens if something goes wrong after the deal?

Accepted Answer

If the buyer makes a claim against you as the seller after closing, and the claim relates to something covered by the insurance, the process is straightforward and digital.You report the claim online via a form through our insurance broker, Max Matthiessen, who will guide you through the entire process. Once the buyer's claim and required documentation have been submitted, the insurance company begins handling immediately. If the claim is covered, payment is usually made within 30 to 90 days. This provides fast assistance and financial security without long delays.

Question 8

Can I review the full terms before I sign?

Accepted Answer

Absolutely! If you want to know more about what's included, contact us or submit a quote request to receive more information from a personal broker.

Frequently Asked Questions

Frequently Asked Questions