Specific risk analysis
Assessment based on the target's real operations, contracts and loss scenarios – not sector assumptions alone.
Private Capital insurance advisory
Private Capital: Transaction Support
Mactavish gives Private Capital deal teams and operating partners an independent, specialist view of whether target and portfolio-company insurance is fit for purpose. We identify weaknesses before completion, strengthen Warranty and Indemnity (W&I) protection, support post-deal remediation and provide portfolio-level governance through to exit.
Client-side insurance expertise spanning risk analysis, policy wording, disclosure, placement and claims.
Acquisition
Exit
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Evaluate the target
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Protect the transaction
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Remediate after completion
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Govern the portfolio
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Prepare for exit
The transaction challenge
Is the target's insurance strong enough for the deal – and what follows?
Insurance due diligence often confirms that policies exist. It does not always establish whether those policies reflect the target's actual operations, contractual exposures, disclosure obligations, claims procedures or growth plans.
Mactavish applies a buyer-side, insurance-specialist review. We test the reliability of the programme, identify issues that could affect the deal or a future claim, and convert the findings into clear actions for completion and the 100-day plan. Where required, we can remain involved through W&I placement, portfolio-company renewal, governance and exit preparation.
RAG-rated action plan
Clear pre-deal priorities and practical actions that can feed directly into the 100-day plan.
Policy and disclosure scrutiny
Technical review of policy wording, disclosure, claims procedures and internal responsibilities.
Continuity through ownership
Connected support from acquisition and remediation to portfolio governance and exit readiness.
Connected Support Across the Portfolio Lifecycle
Mactavish can support a single workstream or connect the services across the full life of an investment. Each stage produces information and actions that strengthen the next.
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Evaluate the target
Enhanced Insurance Due Diligence tests the target programme and produces a prioritised remediation plan.
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Protect the transaction
Specialist W&I support reviews broker selection, non-binding indications, exclusions, disclosure, policy wording and final documentation.
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Remediate after completion
The due diligence findings are converted into practical actions, including policy improvements, go-forward or run-off cover and renewal priorities.
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Govern the portfolio
Portfolio-level reporting gives the Private Capital firm visibility of insurance documents, spend, red flags, actions and renewal status.
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Prepare for exit
Current records, resolved issues and clearly documented insurance arrangements support a cleaner sale process and reduce last-minute uncertainty.
Four Services, One Connected Insurance Strategy
Engage Mactavish for a specific transaction issue or connect the services to create a consistent approach across acquisition, ownership and exit.
Acquisition
Enhanced Insurance Due Diligence
A forensic review of the target's risks, policies, disclosure, claims processes, broker arrangements and placement history, with a RAG-rated action plan.
Transaction
W&I Advisory and Placement Support
Insurance-specialist input throughout the W&I process, from broker selection and NBI review to wording negotiation, disclosure oversight and documentation checks.
Ownership
Portfolio Insurance Support
Post-acquisition support that translates the due diligence findings into a managed renewal and improvement programme for the portfolio company.
Governance and exit
Portfolio Governance
Portfolio-wide document control, reporting, annual refresh and action tracking, providing clearer oversight for the PE firm and stronger evidence at exit.
Service 1
Enhanced Insurance Due Diligence
Traditional Insurance Due Diligence can be limited to sector benchmarking and a high-level review of the policies already in place. That can leave material questions unanswered: are the target's real-world risks captured, is disclosure defensible, and would the policies respond as expected?
Developed with longstanding Private Capital clients, Mactavish's approach is designed to provide a deeper technical assessment without turning insurance into a disproportionate transaction workstream.
What Mactavish Adds
Typical IDD approach
Mactavish approach
Sector-level risk assumptions
Analysis of the target's specific insurable risks, contracts and
intended growth strategy
Comparison with generic market-standard wording
Technical coverage assessment against confirmed operations and
activities
Limited assessment of disclosure
Review of disclosure against legal requirements and recognised
good practice
Focus on policy documents alone
Review of claims notification, disclosure processes,
responsibilities and practical compliance
Little investigation of placement history
Assessment of broker servicing, placement strategy and relevant
contractual terms
Observations without an implementation route
Clear RAG-rated concerns and remedial actions ready for the 100-day plan
A Practical Due Diligence Process
Targeted consultations
Discussions with the deal team and target management cover the business and deal background, growth plans, key risks and loss scenarios, broker servicing, disclosure and claims-notification protocols.
Forensic document review
Review of policy wordings, disclosure materials, renewal reports, broker contracts, claims history and relevant due diligence or data-room documents.
RAG-rated output report
A decision-ready report covering loss scenarios, programme scope, wording reliability, claims, disclosure, broker performance and required actions.
Optional implementation support
Support with go-forward or run-off D&O, deal-contingent cover such as cyber, policy improvements and post-100-day audit work.
Service 2
Specialist Warranty and Indemnity Support
W&I is a specialist insurance contract, not simply another transaction workstream. Under deal pressure, broad exclusions, drafting errors, demanding policy conditions or unclear disclosure duties can materially reduce the value of the cover.
Mactavish works alongside the deal team, legal advisers and the chosen W&I broker to scrutinise the insurance position and help secure the strongest available terms.
Where Value Can Be Lost
Broad exclusions
Standard exclusions may not reflect the target's actual risk and can remove protection for important operational exposures.
Drafting and policy conditions
Small drafting issues or demanding conditions can materially restrict cover or make compliance difficult in practice.
Disclosure duties
Conflicting or unclear requirements can weaken the reliability of the policy and create avoidable disputes.
Misalignment with due diligence
Gaps between the underlying diligence, SPA terms and insurance programme can lead to unnecessary restrictions or exclusions.
How Mactavish Supports the Process
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Broker selection
Assess broker fit by deal size, jurisdiction and sector, and support negotiation of engagement terms.
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NBI review
Interrogate the non-binding indication, including commercial terms, insurer concerns, potential restrictions and opportunities to enhance cover.
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Quote and wording review
Assess and negotiate exclusions, mis-drafting, conditions, warranty mark-ups and other deal-specific terms.
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Disclosure oversight
Support due diligence provision, the data room, underwriter calls and queries to improve compliance and reduce avoidable disclosure risk.
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Documentation checks
Confirm that the final policy documentation reflects the position negotiated during the transaction.
Service 3
Explore Portfolio Company Insurance Support
Portfolio Company Insurance Procurement
Following acquisition, Mactavish can help turn the due diligence findings into a managed renewal and improvement programme for the portfolio company.
Depending on the agreed model, Mactavish can work with the portfolio company's existing broker or manage a competitive placement through approved supporting brokers. Mactavish sets the requirements, oversees broker activity and checks the final outcome against the agreed plan.
Designed to Deliver
Lower Insurance Costs
Reduce overall insurance spending through competitive pricing and efficient policy structuring.
Simplified Renewal Management
Minimise the administrative burden of renewals with streamlined, expert-led support.
Enhanced Policy Coverage
Secure bespoke insurance coverage tailored to the company’s specific risks and requirements.
Independent Expert Advice
Receive fully independent, impartial recommendations focused on your best interests.
Complimentary Health Check
Get a free review of existing insurance arrangements to identify gaps, risks, and potential savings.
No Cost to the PE Firm or Portfolio Company
Access the service without additional fees for the Private Capital firm or its portfolio companies.
Subject to businesses joining Mactavish Core Buying Service.
Portfolio Governance
Private Capital firms need a consistent view of insurance across the portfolio, not a collection of separate renewal files. Mactavish provides an overarching governance service that brings the documentation, key data, red flags and actions into one controlled view.
Data collation
Collect insurance information from portfolio companies and host it in the Mactavish Portal.
Information Provision
Provide a portfolio overview, individual insurance files and a dashboard of key programme and spend data.
Action and escalation
Identify material concerns, record ownership and track the status of required remediation.
Annual refresh
Update the insurance files following each portfolio company renewal to keep information current.
Why Private Capital Clients Use Mactavish
Client-side independence
Mactavish is not a broker and receives no commissions or fees from insurers. Its role is to represent the policyholder and challenge the market on the client's behalf.
Technical and legal depth
Risk analysis, insurance law, policy wording, disclosure, placement and claims expertise are brought together in one team.
Advice that leads to action
The work does not stop at identifying issues. Mactavish can help implement the remediation, manage placement and check the final contracts.
Private Capital perspective
Services are developed around the needs of deal teams, operating partners, portfolio companies and the wider PE ownership cycle.
Experience That Speaks to Private Capital
See how Private Capital leaders have worked with Mactavish to strengthen risk analysis, due diligence and ongoing insurance management.
Speak to Mactavish
Protect the Deal. Strengthen the Portfolio. Be Ready for Exit.
Speak to James O'Connor, Commercial Director, about a live transaction, a portfolio insurance issue or an upcoming exit.
James O'Connor
Commercial Director
jamesoconnor@mactavishgroup.com
Speak to Mactavish
Discuss a Live Transaction or Portfolio Insurance Issue
Tell us where you need support, whether that is insurance due diligence, W&I, post-deal remediation, portfolio governance or preparation for exit.
James O’Connor
Commercial Director
jamesoconnor@mactavishgroup.com
