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K & K Insurance Group, Inc.
Entertainer and Performer Insurance
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Transactional Risk Products Insurance
Our innovative risk transfer products offer protection during mergers &
acquisitions, reducing or eliminating many of the usual associated risks.
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Our innovative risk transfer products offer protection during mergers &
acquisitions, reducing or eliminating many of the usual associated risks. |
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| TARGET COMPANIES |
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For-Profit Entities - All
Industry Groups |
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Financial Institutions |
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Bankruptcy/Distressed |
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TRANSACTIONAL RISK
PRODUCTS AVAILABLE |
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Representations & Warranties
Insurance
In M&A transactions, the Buyer
typically requires the Seller to
escrow a percentage of the
purchase price to cover any
breach of the representations and
warranties the Seller makes to the
Buyer during an M&A transaction.
Insurance can either reduce or
replace the escrow, or provide
additional protection above the
amount escrowed. |
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Tax Guarantee insurance
Insurance guarantees a particular
tax position taken by a company. |
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Litigation Buyout
Insured sells a claim and/or
pending litigation to the insurance
carrier outright. Litigation is
removed from the balance sheet
and the insurance carrier assumes
all liability on a going-forward
basis. |
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Credit/Accounts Receivable
Insurance
Insurance can protect a company’s
Accounts Receivable against
non-payment by their customers
and unexpected uncollectible
debts. Policies can be arranged
on a domestic only, export only
or worldwide cover basis. |
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Liability/Litigation/
Claim Cost Cap
A policy is purchased that “caps”
existing litigation, or an openended
liability at a pre-determined
amount - often excess over a
designated ‘loss pic.’ |
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| States Available | AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY |
| Provider Type | Managing General Agency and Excess & Surplus Lines Broker |
| Admitted | All Available States |
| Carriers | Various |
| Carrier Ratings | A rated |
| Commission | Varies |
| Min Premium | |
Coverages
Accounts Receivable Insurance Attorney Services / Litigation Support Errors and Omissions Insurance Directors and Officers Liability for Profit and Not for Profit Insurance Directors and Officers Liability/For Profit and Nonprofit/Excess and Surplus Insurance Directors and Officers Liability--Financial Institutions Insurance Distressed and Hard-to-Place Accounts Directors and Officers Liability Insurance Distressed Physicians and Surgeons (Facility Pending) Insurance Employee Benefits/Financial Services Insurance Fiduciary and Financial Institutions Bond Coverage/Community Banks Insurance Financial Consultants and Advisors Insurance Financial Consultants/Professional Liability Program Insurance Financial Institutions Insurance Financial Institutions and Entities/Excess and Surplus Insurance Financial Institutions and Financial Related Directors and Officers Liability Insurance Financial Institutions Repossessed Asset and Forced Place Program Insurance Financial Planners Professional Liability Insurance Representations and Warranty Coverage Insurance
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Worldwide Facilities, Inc. has other insurance programs like Transactional Risk Products Insurance
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