M&A Advisor & Corporate Advisor PI Insurance
Professional Indemnity for M&A advisors, transaction advisory, valuations and capital-raising work - including the higher limits this kind of work typically calls for.
M&A / Advisory
Our Focus
$2M-$20M
Limits Placed
Specialist
Markets
Recognition
THE SHORT ANSWER
What does corporate advisor PI insurance do?
Corporate advisor Professional Indemnity responds when a client alleges your transaction or corporate advice - M&A, valuations, due diligence or capital raising - caused them a financial loss. The deals are high-stakes, so the limits these firms carry are usually high. This work often sits outside generalist PI appetite, so it is placed through specialist markets.
Most corporate advisors come to us when a mandate or counterparty sets a limit their current cover cannot meet, or when a generalist insurer steps back from the advisory work.
- For
- M&A / transaction advisory
- Limits
- Often $5M-$20M
- Placed via
- Specialist PI markets
W&I VS ADVISOR PI
The deal's cover, and the adviser's cover
Searches for 'M&A insurance' usually mean warranty and indemnity cover, which sits on the transaction. Corporate advisor PI sits on you. On most deals both can be in play, but they respond to very different things.
Your Professional Indemnity
Advisor PI
Responds to allegations that your professional work as the adviser - valuation, model, due diligence, information memorandum or capital-raising advice - was negligent and caused a client a financial loss. This is the cover this page is about.
Warranty & Indemnity (W&I)
Transaction Liability
Sits on the deal and responds to a breach of the representations and warranties the seller gives the buyer. It is arranged for the parties to the transaction - not cover for the adviser's professional work.
POLICY SCOPE
What Corporate Advisor PI Insurance Covers
Professional Indemnity for corporate advisors covers claims arising from your advisory work. This is insurance for advisors - not financial or legal advice from Tank.
Usually Covered
Not Typically Covered
This is a general guide only. What is and isn't covered depends on the terms, conditions, limits and exclusions of your specific policy.
WHY LIMITS MATTER ON DEALS
The deal sets the limit, not your fee
On corporate advisory work, the exposure is tied to the size of the transaction, not the size of your engagement. A single error in a valuation, model or disclosure can flow into a loss many times your fee, which is why advisory PI limits sit high.
Deal Size Drives The Limit
Sized to the transaction
The limit you hold should reflect the value of the deals you advise on. As you move to larger transactions, the limit needs to move with you so the cover keeps pace with the exposure.
- ✓Limit scaled to deal value, not fee income
- ✓Options to step the limit up as you pursue larger work
- ✓Often $5M, $10M or $20M for advisory mandates
Counterparties And Mandates
Often a contract requirement
Counterparties, lenders and engagement mandates often require you to hold a specific PI limit to act. We arrange cover that meets that limit so you can sign the mandate without a gap. See our guide to high-limit PI.
- ✓Limit matched to what your mandate calls for
- ✓Cover in place before you sign
- ✓Placed through markets that write advisory risk
IS THIS YOU?
Built for established advisory firms
If your work carries real transaction exposure, the limits are sized to the deal, not your fee - and that is exactly what this cover is built around. Generalist consultants are usually better served starting with our management consultant insurance.
Who This Is For
- →M&A advisers and merger and acquisition consultants
- →Transaction advisers and due diligence firms
- →Business valuers and forensic accountants
- →Capital-raising and corporate finance advisers
What To Have Ready
The more of this you can tell us, the faster we can map your risk to the right specialist market:
- ✓Your advisory activity and the largest transaction you advise on
- ✓The PI limit you need, and whether a mandate or counterparty requires it
- ✓Your current insurer and limit, and any claims or declines
- ✓Your AFSL or authorised-representative status, if relevant
- ✓Any certificate or mandate deadline
REAL PLACEMENTS
Corporate advisory PI we've placed
Anonymised examples from our book - corporate advisory and M&A risks that mainstream insurers stepped back from, placed through specialist markets. Premiums are rounded and indicative.
Premiums and outcomes described are specific to each client and indicative only. Your own terms will depend on your circumstances and the insurer.
QUESTIONS
Corporate Advisor PI - Frequently Asked Questions
RELATED COVER & GUIDES
Related professional indemnity cover
Speak with a broker who arranges Professional Indemnity for corporate advisors and transaction advisory firms.
Talk to a Specialist Broker →
PI Insurance for Corporate Advisors
From single transaction mandates to ongoing advisory work, we arrange Professional Indemnity that matches your scope and the limits your deals and counterparties require.