ANV Global Services has increased its Lloyd’s underwriting capacity for mergers and acquisitions (M&A) insurance.
The new increased line offers a limit of €30 million and $30 million per risk, up by 10 million of each currency unit since the beginning of 2015. In addition, sterling coverage is available at a maximum line of £20 million.
ANV’s Barcelona and London based M&A team focuses primarily on bespoke warranties & indemnities insurance for commercial and financial clients across the European and UK markets.
Thomas Mannsdorfer, director of M&A insurance at ANV Global Services, said: “I am very pleased that a new capacity partner has chosen to support our growing M&A insurance business. An increased line size allows ANV to offer greater insurance protection for our clients, particularly those engaging in mid-sized and large transactions.”