(Image source: ASQ Underwriting homepage.)
ASQ Underwriting, a New York-based national transactional risk managing general underwriter, announced that it has launched a program to provide bespoke transactional risk insurance to broker trading partners across North America, combining focused customer service and strong carrier backing. ASQ will underwrite three core transactional insurance products: representations and warranties insurance, tax liability insurance, and contingent risk insurance.
ASQ is led by Directors and Co-Founders Jeff Anderson and Wayne Datz, underwriters with diverse backgrounds in mergers & acquisitions (M&A), law, and insurance. Most recently, both held leadership positions within the M&A insurance group for a global specialty insurance and reinsurance company. ASQ also identifies underwriters Ryan Anderson and Andrew Belisle as key team members.
In a press statement, Anderson and Datz assert that ASQ’s depth of expertise and strong carrier backing will provide organizations on both the buy and sell side of the transaction with greater deal certainty. “We are dedicated to providing best-in-class customer service and customized risk transfer solutions that help organizations manage their capital effectively and efficiently, providing a powerful tool in the complex M&A process,” elaborates Datz.
“As experienced M&A attorneys, our underwriters have a keen understanding of the types of mistakes that can derail a transaction as well as the need for thorough and efficient underwriting. We pride ourselves on our underwriting execution to enable our clients to finalize their transactions successfully,” comments Anderson.
ASQ is part of Alliant Underwriting Solutions, a Newport Beach, Calif.-based program administrator with a growing portfolio of underwriting platforms generating more than $1 billion in annual gross written premium. “The launch of the ASQ M&A solution exemplifies, day one, ‘relevance amplified’ to our broker partners,” comments Sean McConlogue, President of Alliant Underwriting Solutions. “It’s an incredible combination of talent, experience, and capacity.”