The M&A Mastermind Podcast is your go-to source for the latest industry trends and strategies to level up your M&A practice.
The show features thought leaders who specialize in the lower middle market space and share their experiences and expertise across key areas of execution, such as: market analysis, lead generation, deal management, strategic partnerships, buyer access and much more.
With host Nick Olsen, each episode’s ”mastermind” will share ways in which they have found success in navigating the M&A industry to best support the small-to-medium sized private business owners they focus on serving.
All content for The M&A Mastermind Podcast is the property of Nick Olsen and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
The M&A Mastermind Podcast is your go-to source for the latest industry trends and strategies to level up your M&A practice.
The show features thought leaders who specialize in the lower middle market space and share their experiences and expertise across key areas of execution, such as: market analysis, lead generation, deal management, strategic partnerships, buyer access and much more.
With host Nick Olsen, each episode’s ”mastermind” will share ways in which they have found success in navigating the M&A industry to best support the small-to-medium sized private business owners they focus on serving.
The M&A Mastermind Podcast - Episode 91 - Navigating E&O Insurance in M&A Transactions
The M&A Mastermind Podcast
36 minutes 21 seconds
4 months ago
The M&A Mastermind Podcast - Episode 91 - Navigating E&O Insurance in M&A Transactions
In this episode of the M&A Mastermind podcast, host Nick Olsen interviews Javier Gonzalez, a partner and executive vice president of sales at Access Insurance Services. They discuss the importance of Errors and Omissions (E&O) insurance for M&A advisors, particularly in the lower middle market. Javi explains common misconceptions about E&O insurance, key components of policies, must-haves for M&A advisory firms, and the risks and exposures they face. He shares real-life examples of how E&O insurance can protect firms from significant financial losses and highlights common mistakes made during the purchasing process. The conversation also touches on trends in E&O policies, the importance of regular policy reviews, and advice for evaluating insurance coverage.
Takeaways
E&O insurance is crucial for M&A advisors to protect against claims.
Many advisors believe they won't be sued, which is a misconception.
Understanding the scope of services is vital when selecting a policy.
Subpoena coverage is often overlooked but essential for M&A advisors.
Staying within your expertise is important to avoid risks.
Regular policy reviews can help ensure adequate coverage.
Higher deductibles can lower premiums but may erode coverage limits.
Expertise in E&O insurance is necessary for proper guidance.
Chapters
00:00 Introduction to M&A and Insurance Services
01:18 Understanding Access Insurance Services
02:56 The Importance of E&O Insurance in M&A
04:19 Common Misconceptions About E&O Insurance
07:20 Key Components of E&O Policies
10:37 Must-Haves in E&O Policies for M&A Advisors
12:59 Risks and Exposures in M&A Transactions
17:46 Real-Life Impact of E&O Insurance
20:39 Common Mistakes in E&O Insurance Purchases
25:00 Trends in E&O Policies and Claims
27:00 Reviewing and Updating E&O Policies
28:59 Advice for First-Time Policy Evaluators
Keywords
M&A, E&O insurance, insurance policies, professional services, risk management, lower middle market, claims, misconceptions, policy review, insurance trends
The M&A Mastermind Podcast
The M&A Mastermind Podcast is your go-to source for the latest industry trends and strategies to level up your M&A practice.
The show features thought leaders who specialize in the lower middle market space and share their experiences and expertise across key areas of execution, such as: market analysis, lead generation, deal management, strategic partnerships, buyer access and much more.
With host Nick Olsen, each episode’s ”mastermind” will share ways in which they have found success in navigating the M&A industry to best support the small-to-medium sized private business owners they focus on serving.
