An acquisition can materially change an insurance program.

What can change? #

Examples include:

• Legal entities.
• Business activities.
• Turnover.
• Employees.
• Assets.
• Vehicles.
• Contracts.
• Claims history.

Is the acquired business automatically insured? #

Do not assume so.

Policy definitions and acquisition provisions vary.

Some policies may provide limited automatic cover subject to conditions, while others require approval.

What should I provide? #

Tell Webber Insurance about:

• Acquisition date.
• New entity.
• Activities.
• Revenue.
• Assets.
• Employees.
• Existing insurance.
• Claims.

Early review helps reduce the risk of a coverage gap.