It is best practice to involve underwriters at an early stage. Providers are usually from specialist M&amp;A departments of insurance brokers. Brokers will be able to work with parties’ advisors to assist in how to structure the deal, the scope of due diligence and identify potential issues or specific policy exclusions at an early stage.

Policies would normally be entered into on or immediately prior to completion, but post-completion policies do exist, save that they will exclude any claims which arose between the period of completion and the policy being taken out.