Contingent Risk Insurance
A flexible product to unlock value
In today’s complex legal and financial landscape, specific legal risks can create significant barriers—blocking deals and constraining capital deployment. Our Contingent Risk Insurance offers sophisticated protection against identified legal related risks, whether arising from mergers and acquisitions, fund wind-ups, corporate restructurings, or ongoing business operations or litigation.
At Toremis Specialty, we understand that each contingent risk is unique. Our policies are designed to address a broad spectrum of identified legal related exposures, from successor liabilities and regulatory issues to portfolio-based risks and complex contractual interpretations. By transferring these exposures to our capacity providers, you can mitigate potential liabilities while simultaneously unlocking capital—turning risk management into a source of strategic value.
Broad application across diverse risk scenarios
Contingent Risk Insurance can be tailored to support a wide array of legal exposures, including:
Transaction-Specific Risks:
Identified risks in due diligence, successor liabilities in M&A, and regulatory uncertainties that could impact the financial structure or operational aspects of a deal.
Fund and Portfolio Solutions:
Coverage for fund wind-ups, allowing private equity firms and investment managers to mitigate risks that might otherwise impact investor returns, or insurance for portfolios of cases, including work-in-progress protection for law firms handling multiple claims.
Litigation and Dispute-Related Risks:
Protection against adverse outcomes in shareholder disputes, appeal risks, and contractual interpretation issues, helping parties in complex litigation or arbitration to manage potential exposure.
Unique, High-Impact Risks:
Situations that don’t fit conventional risk categories, such as indemnity obligations, post-closing risks in restructurings, or complex multi-party disputes—all related to identifiable legal related uncertainties that require bespoke solutions.
This diverse applicability makes our Contingent Risk Insurance ideal for corporates, private equity and investment firms, and law firms facing complex legal related issues that standard coverage cannot address. Each policy is designed to align with the specific requirements of the case, providing a bespoke approach to achieve financial certainty and predictability.
Related capabilities
After-the-Event (ATE) Insurance
Tax Liability Insurance
Claims Handling
Key features
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Provides protection for defined legal related risks, ensuring that even the most complex liabilities are addressed.
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Designed to release otherwise trapped capital and optimize liquidity, enabling clients to reduce opportunity costs associated with legal contingencies and focus resources on investment and strategic growth.
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Our approach to underwriting ensures that each policy fits seamlessly within the financial and operational goals of the business, providing coverage that is both responsive and adaptive.
With Toremis Contingent Risk Insurance, you gain more than just a safety net—you obtain a strategic advantage. By unlocking value, enhancing balance sheet flexibility, and addressing unique legal exposures, our solutions empower businesses to pursue growth and innovation with reduced financial friction.
Who benefits
Private equity and investment firms:
Those involved in transactions where identified legal related risks may block deal completion or impact valuations.
Corporates:
Businesses involved in M&A, refinancing, or winding down operations.
Legal firms:
Lawyers seeking portfolio solutions to hedge or finance WIP exposure or to offer legal risk solutions to clients.
Lenders:
Entities looking to de-risk exposure to litigation or arbitration risk.