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| Other Coverages |
- Aborted Bid Insurance
- Credit Enhancement/Financial Guarantee
- Financial Risk Solutions
- Litigation Cap Coverage
- After determining the Probable Maximum Loss (PML) for
all claims, a buffer is added to form a litigation cap.
An umbrella policy provides coverage in excess of the
retained amount, in exchange for a one-time premium.
- Risk Arbitrage
- After determining the PML, the insured pays the
insurance company the PML plus frictional costs.
- Risk Funding
- At the time of settlement, the underwriter provides an
insurance policy which covers the settlement amount
excess of insurance. Premium is calculated on the basis
of settlement, financing and frictional costs.
- Intellectual Property Protection
- Key Person Coverage
- Representations and Warranties
- Tax Opinion Guarantee Insurance
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