The seller wants to walk away.
Your protection shouldn’t.
RWI can provide recovery for covered breaches when the seller offers little or no recourse after closing. Our founders—a former M&A lawyer and a former investment banker—personally lead your placement and stay involved through a claim.
Same RWI market. No separate WolfTRI retail broker fee.
One mandate.
Carried all the way.
Representations and warranties insurance can provide recovery for covered breaches of the seller’s promises in a purchase agreement. It can support a deal with less seller indemnity or escrow, where the parties agree. WolfTRI places that coverage and stays involved if a claim arises.
One product.
Three specialties.
Real estate
- Buyer-side RWI timed to bind around the go-hard date
- Optional cover beyond the purchase agreement through synthetic reps, where insurers agree — typically for additional premium
- Hospitality · office · multifamily · industrial · retail
M&A
- Buyer-side RWI tailored to one acquisition
- Portfolio programs for repeat acquirers
- Seller protection for deals under $30M
GP-led secondaries
- Coverage built around the insured parties
- Economics tied to purchased NAV or new money
- A specialist market, brokered like one
Raise RWI before the deal terms are settled.
RWI can change the buyer’s post-closing recourse and the seller’s retained liability. We recommend raising it early with real estate buyers and sellers — even if they ultimately decide against using it.
The useful questions are what protection is available, what it costs, and how it affects the purchase agreement. We help you and your counsel work through those questions before the terms are settled.
- What recourse will the buyer have after closing?
- Which representations will the seller give, and for how long?
- Are there additional representations to discuss with insurers?
- How would the cost and timing affect the proposed deal?
A brokerage recommendation to discuss an option — not a statement that any deal must use insurance.
Interviewed underwriters estimated that about half of the real-estate deals they see close without surviving seller indemnity. Where no seller indemnity survives for ordinary representation breaches, the buyer may rely primarily on RWI for covered losses, subject to the policy and any rights preserved in the transaction documents. In the firm’s view, U.S. real estate is where M&A was about ten years ago, before RWI became common. Deal teams that learn how it works now will be better placed to set the terms on their deals.
Three reasons clients
put us in their corner.
The people you meet stay involved
A former M&A lawyer and a former investment banker lead the placement, supported by our wholesale broker’s specialist RWI team, and remain involved after closing if a potential claim arises.
Know the coverage choices before you commit
WolfTRI’s licensed producers compare insurer indications, material exclusions, retention, and cost with you and your counsel, side by side, while there is still time to shape the terms.
See what you are paying for
Commission is already inside the premium. A broker may add a separate retail broker fee on top; there is no additional WolfTRI retail broker fee. The calculator lays out every cost line so the total is easy to inspect.
A lawyer and a banker,
on every placement.
Scott Wolf
J.D. with Honors, UChicago Law; a former Kirkland & Ellis M&A associate who became one of the first M&A lawyers to move into transactional risk.
Daniel Greenebaum
11+ years of M&A investment banking, Analyst to Director — quality of earnings, working capital, earnouts, and claims presented the way the client valued the business.
One broker. Three hats.
Your claim.
Keep your existing advisers. Give RWI a dedicated lead.
We coordinate the RWI placement with your counsel, diligence advisers, and commercial insurance broker. Each keeps its role, with the claims-support responsibilities discussed before appointment.
When the same brokerage performs insurance diligence, places the operating program, and brokers the RWI, a later claim may put more than one part of its work in question. Its client-support role and its own professional-liability obligations may then require careful coordination.
WolfTRI does not perform insurance diligence or place the operating program. We remain accountable for our own RWI placement work. The firm’s white paper explains the distinction and offers three questions to ask any broker before appointment.
Clear on cost,
before you commit.
Enter your quoted retail broker fee to compare.
The full interactive calculator models your limit, your state, and your structure.
We put your interests ahead of our compensation.
If the available coverage does not justify the cost, we will tell you why.