Mergers & Acquisitions: Tax Liability

• Enables insureds to reduce or eliminate a contingent tax exposure arising from tax treatment of a transaction, investment or other tax position where the underlying legal conclusions may be subject to future challenge by the IRS or state or foreign tax authorities.
• Available limits up to $50M for any single risk; minimum premium of $250K.
• Coverage is available for risks on a 100%, shared, layered or excess basis from AIG’s non-admitted carriers only.
• Preferred risks include those:
  
  • With written advice or guidance from legal or other tax advisers.
    
  • That demonstrate a clear business purpose; whether the jurisdiction has GAAR (General Anti-Avoidance Rules) in place will be taken into consideration.
    
  • In politically stable jurisdictions with developed legal systems/tax authorities/tribunals with a recognized, accepted route of appeal and a reputation for competence, probity, sophistication and fairness.

Underwriting Expertise

• Tailored programs underwritten by accomplished M&A professionals, many of whom were investment bankers, lawyers and tax experts before joining AIG and understand how to best structure solutions quickly and strategically.

Multinational Solutions

• Expertise, solutions and service delivered in a globally consistent and seamless fashion through one of the largest global networks in the industry, spanning 215+ countries and jurisdictions.
  

Claims Capabilities 

• In-house claims professionals specialize in handling complex transaction disputes and one of the largest and most varied claims portfolios in the industry.