The M&A Mastermind Podcast The M&A Mastermind Podcast - Episode 91 - Navigating E&O Insurance in M&A Transactions
Jun 19, 2025
36:21
In this episode of the M&A Mastermind podcast, host Nick Olsen interviews Javier Gonzalez, a partner and executive vice president of sales at Access Insurance Services. They discuss the importance of Errors and Omissions (E&O) insurance for M&A advisors, particularly in the lower middle market. Javi explains common misconceptions about E&O insurance, key components of policies, must-haves for M&A advisory firms, and the risks and exposures they face. He shares real-life examples of how E&O insurance can protect firms from significant financial losses and highlights common mistakes made during the purchasing process. The conversation also touches on trends in E&O policies, the importance of regular policy reviews, and advice for evaluating insurance coverage.
Takeaways
- E&O insurance is crucial for M&A advisors to protect against claims.
- Many advisors believe they won't be sued, which is a misconception.
- Understanding the scope of services is vital when selecting a policy.
- Subpoena coverage is often overlooked but essential for M&A advisors.
- Staying within your expertise is important to avoid risks.
- Regular policy reviews can help ensure adequate coverage.
- Higher deductibles can lower premiums but may erode coverage limits.
- Expertise in E&O insurance is necessary for proper guidance.