ANV Global Services has increased its Lloyd’s underwriting capacity for mergers and acquisitions (M&A) insurance.
The line will now offer a limit of €40 million, $40 million and £30 million per risk, marking an increase of 10 million in each currency from the previous limits set in March.
"I am very pleased that the increase in line size means ANV can now offer clients even greater M&A Insurance protection,” said Thomas Mannsdorfer, M&A insurance director at ANV.
Mannsdorfer said the greater capacity enables ANV to provide a “compelling proposition that meets the growing call for M&A Insurance products from clients operating across a wide range of industries and territories.”
Five supporting insurers provide capacity to ANV’s M&A insurance, with ANV Syndicate 1861 providing the majority of capacity.
The underwriter’s M&A team in London and Barcelona focus on bespoke warranties and indemnities insurance for commercial and financial clients across the European and UK markets.
A global specialty insurance group, ANV provides underwriting for specialty risk solutions for global organisations.
It functions as a risk-bearing insurer through Lloyd’s syndicates 1861, 5820 and 779, and as a managing general underwriter and Lloyd’s binding authority.
Apart from London and Barcelona, ANV’s team of leading underwriting specialists are also based in offices in New Jersey and Rio de Janeiro.
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