Breckenridge Insurance Group has announced the formation of Vista Insurance Advisors, a new company that provides the transactional and mergers and acquisitions market with insurance guidance and access to a portfolio of coverage options.
Vista Insurance Advisors is led by its chief executive officer, Thomas Dowd, based in New York. Mr. Dowd has more than 35 years of experience in all classes of transactional and management liability coverage including reps and warranties solutions. He has worked for and with AIG, Lloyd's, Crum & Forster, Employers Insurance of Wausau, and Seneca Insurance.
“The high stakes and complexity of today's M&A market makes transactional insurance a paramount consideration for helping buyers and sellers strengthen valuation and increase the certainty of closing a deal,” said Tracey Carragher, the chief executive officer of Breckenridge. “Vista Insurance Advisors works directly with the law firms, investment banks, and accounting firms that facilitate these deals to identify insurance needs, then partners with top-rated insurers to build customized coverages that meet each situation's unique requirements.”
Mr. Dowd commented, “Our team is skilled at handling highly confidential information and is familiar with the rapid pace of finalizing mergers and acquisitions and other transactions. Each Vista Insurance Advisor essentially becomes a member of the deal team, facilitating insurance needs in real time as the deal clock is running.”
In addition to insurance consulting and supplemental due diligence services, Vista Insurance Advisors offers the following types of coverage:
- Representations & Warranties
- Adverse Tax Liability
- Securities Acts Liability (and similar public or private offering liability)
- Litigation Buyout
- Cyber Liability related to M&A and other special transactions
- Contingent Liability / Performance Warranty
- Directors & Officers Liability related to M&A and other special transactions
Learn more: www.vistainsures.com; www.breckgrp.com.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].