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Contingent Risk Solutions: 2024 Client Guide

By Jason Bertoldi and Dan Kesack | April 22, 2024

As the market for contingent risk insurance has grown, so too have the range and creativity of contingent risk insurance solutions.
Mergers and Acquisitions
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Contingent risk insurance is the fastest-growing product line in the transactional insurance marketplace. These insurance policies are bespoke, precision tools that unlock value and manage risk arising from a wide array of known litigation and regulatory exposures. And as the market for contingent risk insurance has grown, so too have the range and creativity of contingent risk insurance solutions.

2024 contingent risk insurance market snapshot

  • Substantial growth over the last two to three years
  • 20+ contingent risk insurers creating a competitive pricing environment
  • Total insurer capacity in excess of $1.2B
  • Premium pricing generally ranges from 8-15% rate on line (i.e. the premium is 8% to 15% of the limits purchased), exclusive of taxes
  • Coverage available for a wide variety of litigation types, including: IP/patent infringement, antitrust, bankruptcy, general commercial disputes, commercial arbitrations, personal injury, enforcement actions by government regulators, securities class actions, and mass tort litigation
  • Coverage can be placed at multiple litigation stages: Pre-filing, mid-litigation, or post-judgment

This client guide provides a product overview of contingent risk insurance and case studies featuring bespoke solutions and creative policies placed by WTW. We invite you to fill out the form on the right to download the Contingent Risk Solutions: 2024 Client Guide.

Disclaimer

Willis Towers Watson hopes you found the general information provided in this publication informative and helpful. The information contained herein is not intended to constitute legal or other professional advice and should not be relied upon in lieu of consultation with your own legal advisors. In the event you would like more information regarding your insurance coverage, please do not hesitate to reach out to us. In North America, WTW offers insurance products through licensed entities, including WTW Northeast, Inc. (in the United States) and Willis Canada Inc. (in Canada).

Authors

Head of Contingent Risk Solutions, Transactional Insurance Group
WTW

Director of Contingent Risk Solutions, Transactional Insurance Group, WTW

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