Bryson Helps Save $120,000 On
Reps & Warranties Insurance Deal
Bryson offers a Reps and Warranties product that is designed for mid-market companies
THE CLIENT
One of Bryson's clients, a mid-sized private equity firm, was in the process of acquiring a new portfolio company.
THE SCENARIO
The private equity firm was considering an insurance policy to protect itself against any potential losses due to breaches of representations and warranties made by the seller. Initially, the private equity firm received quotes from several insurance providers, and the cost of the policy was much higher than they anticipated. This was partly due to the fact that the firm was relatively small, and the premiums for reps & warranties insurance policies were typically higher for smaller firms.
THE GOAL
Bryson stepped in to help and proposed their new small/midmarket product, which was specifically designed for private equity firms their size. The product offered the same level of coverage as the traditional reps & warranties insurance policies, but at a significantly lower premium
THE SOLUTION
The private equity firm was initially hesitant about switching providers, but Bryson provided them with a detailed analysis of the savings they would achieve by choosing their small/midmarket product. After comparing the costs and benefits of each option, the private equity firm decided to go with Bryson's product.
THE RESULTS
In the end, the private equity firm saved $120,000 on the reps and warranties insurance deal, thanks to Bryson’s small/midmarket product. This was a significant amount for a midmarket transaction and allowed the firm to redirect those funds strategically: to strengthen reserves,
enhance due diligence on future deals, or improve overall returns for
their investors.