Anchored to UK statute. Last verified 21 June 2026. View source-of-record.

maduediligencechecklist.co.uk

The UK M&A Due Diligence Checklist

Schedule

XII

Insurance


PI, PL, EL, D&O, cyber, property and W&I procurement.


  • XII.1
    Obtain schedules for all in-force policies (PI, PL, EL, D&O, cyber, property).
    Severity B
  • XII.2
    Confirm sums-insured adequacy against current exposures.
    Severity B
  • XII.3
    Review claims history for the last six years across all classes.
    Severity B
  • XII.4
    Confirm any policy exclusion or aggregate erosion that affects buyer.
    Severity A
  • XII.5
    Identify run-off cover requirements for D&O and PI post-completion.
    Severity B
  • XII.6
    Assess W&I (warranty and indemnity) procurement: typical premium 0.7-1.5% of cover.
    Severity B
  • XII.7
    Confirm W&I underwriter requirements: clean DD reports, disclosure letter, retention level.
    Severity BBuy-side
  • XII.8
    Review any specific-risk insurance covering identified diligence findings.
    Severity C
  • XII.9
    Confirm employer's-liability compulsory insurance certificate currency.
    Severity B
  • XII.10
    Identify any uninsured historical exposures requiring SPA indemnity.
    Severity A

Reviewed by Oliver Wakefield-Smith, Founder, Digital SignetLast verified 21 June 2026Schedule XII

This page is anchored to UK primary legislation and named regulator guidance only. Not legal advice. Confirm position with your appointed adviser before signing.