Project Advisory and Due Diligence practice

Investment or divestment is always a significant consideration for businesses, and the quality of your advisers can make or break the deal. As a dedicated Project Advisory and Due Diligence team we understand the evolving needs before, during, and after the transaction. We are experts in financed risk and can provide you with pragmatic solution-focused advice in respect of your transaction, whether you are a vendor, buyer, or financer. Our services help provide you with a deep understanding of the transferrable risks associated with a deal, empowering you to make informed decisions.

Willis Towers Watson’s specialist advisors work with all parties, including vendors, buyers, and both debt and equity financiers to provide insurance due diligence and advisory services, ensuring that the insurance program is bankable and that engaging parties positions are optimised.

The Willis Towers Watson difference - our approach

Adding value outside of the typical due diligence role, through pragmatic and active involvement with you, our approach centres on the review and drafting of risk and insurance provisions within project agreements. Our goal is ensuring the best possible outcome for both financiers and project sponsors.

• Understanding the risk factors
  We identify and assess the key insurable operational risk issues which may significantly impact financial model assumptions.
• Premium forecasts – Acting to reduce volatility
  We sense check the insurance premium forecasts used within the project financial model, and consider factors which may contribute to the variability of modelled estimates over the short to mid-term, post close.
• Drafting appropriate provisions
  We review and assist in drafting appropriate risk and insurance provisions within all relevant project agreements, in our experience this is frequently overlooked during the deal phase and can cause costly issues post transaction.
• Evaluating your insurer
  We look at the financial strength of the selected insurance companies, reviewing policy wordings in detail and providing commentary on their adequacy, as well as opportunities for improvement.
• The right cover
  Are your sums insured, sub-limits and deductibles appropriate? We can assist in developing a clear, concise and commercially achievable schedule of insurance requirements.
• Non-mandatory cover
  We review and advise if there are non-mandatory coverages that could/should be included within the project insurance program, where available on a value-for-money basis.
• Meeting regulatory requirements
  We review the insurance law and regulations relevant to the transaction.
• Best-in-class serviceWe actively communicate on diligence matters with other consultants (such as technical, legal and financial modelling), lenders, and incumbent placement brokers, we have earnt our reputation for providing actionable insights and consistently excellent customer service.

Why Willis Towers Watson

Only a dedicated Project Advisory and Due Diligence team can understand the process and interests of all the parties involved. We have earned our outstanding reputation, honed through extensive industry relationships, and based on working with our clients to achieve a smooth and successful financial close.

We help you understand the risks arising from a transaction and implement appropriate controls/management. A successful transaction is at the centre of what we do; talk to one of our deal enablers today.