Sell-side M&A in the Lloyd’s market

We provided support to a major insurance company where its owners were looking to sell. Having helped prepare reserve adequacy presentations to prospective investors, we were invited to join the senior management team during their pitch meetings. As due diligence progressed we were actively involved in providing answers to the many and varied questions that arose.

At the exclusivity stage, we then worked with the in-house team to perform reverse due-diligence exercise on the shortlisted buyer. Our ability to scale up our senior team was an important differentiator of what we offer to firms in these situations. Our work was critical in highlighting red-flags and supporting the inclusion of key terms in the sale and purchase agreement.

Once the sale was completed, we subsequently assisted with planning and implementing the early integration process to ensure a smooth hand-over to the buy-side actuarial team.