Palisade Insurance Partners is open for business, becoming the first transactional risk insurer with a primary focus on contingent risk. In this episode, Bryan and Gena are joined by John McNally, President at Palisade Insurance Partners, for a discussion of his new venture and how transactional risk insurance can be creatively utilized on contingent risk matters.
Topics reviewed include:
• How John’s background as a long-time transaction insurance underwriter and broker led him to his current opportunity
• The types of insurance solutions that Palisade will underwrite including claim and litigation portfolios, adverse cost insurance and judgment preservation insurance
• The underwriting process and price considerations for each type of risk
• How Palisade’s insurance products can complement RWI in M&A deals and bankruptcy
• Why transactional risk insurance is poised for strong growth on contingent risk matters