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In this installment, Mario Nigro is joined by Daniel Howard of Aon in Toronto. Daniel leads Aon's transaction solutions team, with a focus on representation and warranty insurance.
In this installment, Mario Nigro is joined by Daniel Howard of
Aon in Toronto. Daniel leads Aon's transaction solutions team,
with a focus on representation and warranty insurance. RWI has
become a fixture of the Canadian deal market and is now becoming
commonplace even for deals in the $20-$50 million range. As Daniel
notes, in many transactions RWI is entirely taking the place of
seller indemnities other than for fraud. Canada is quickly catching
up to the U.S., where the use of RWI is nearly universal.
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