CFC launches excess insurance solution for secondary transactions

CFC has introduced an excess insurance solution tailored to secondary transactions, offering up to $150 million in excess limits. This addition increases CFC’s total capacity to $200 million for GP-led and LP-led transactions across the US, Canada, UK, Europe, and select global markets.

Previously uninsured, secondary transactions often left selling investors liable for risks such as breaches of representations or indemnification claims. CFC’s solution covers fundamental representations and excluded obligations, addressing key risks in these deals. Since first adapting representations and warranties insurance for secondary transactions, CFC has underwritten over 200 policies, covering more than $3 billion in deal value.

“We’re excited to introduce this comprehensive solution for secondary transactions, which further augments our leadership in this important, emerging part of the transaction liability market.” – Angus Marshall, Head of Transaction Liability at CFC.