Policy

Täckning offers insurance products via Max Matthiessen and collaborates with leading insurers in the Nordics.

Together, our ambition is to create security and business value for entrepreneurs through comprehensive protection, personal advice and a smooth customer journey so that you can focus on the deal, with full knowledge that the risks are handled professionally and responsibly.

Max Matthiessen is the responsible insurance broker and advisor for all insurance products distributed via Täckning. Täckning is not an insurance broker and does not provide advice on insurance products. Max Matthiessen AB is supervised by the Swedish Financial Supervisory Authority and has the required licenses for insurance brokering

Privacy and confidentiality

All processing of personal data is carried out in accordance with applicable data protection legislation (GDPR). Personal data provided in connection with insurance applications is handled by Max Matthiessen AB as an insurance broker.

What is W&I insurance?

W&I insurance is a specialized insurance within M&A (Mergers & Acquisitions) that protects buyers and sellers against both unknown and known risks in connection with corporate or real estate transactions. The most common use is to protect the buyer if the seller's warranties in the share purchase agreement (SPA) prove to be incorrect.

The insurance thus covers economic losses that can arise from warranty breaches and reduces uncertainty for both parties.

The process for taking out W&I insurance

  1. Initial application
    Customers fill in a digital questionnaire.
  2. Advice and quote
    Max Matthiessen is responsible for advice, collection of necessary documents (draft SPA, annual reports, information memorandum).
  3. Underwriting
    The underwriting process involves the insurer analyzing the risks associated with the transaction and the target company.
  4. Signing and administration
    When the insurance is taken out, Max Matthiessen is responsible for all documentation and administration. Insurance coverage is not binding until an insurance policy is issued and signed.

Areas of responsibility and roles

  • Max Matthiessen
    • Is the responsible insurance broker and advisor.
    • Provides all documentation and handling of insurance matters.
  • Täckning
    • Provides the digital application form and is responsible for the technical platform.
    • Is not an insurance broker and does not provide advice.
Policy