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Tax Risk insurance
Bespoke tax liability solutions
Tax Risk insurance protects businesses against the financial impact of known tax exposures. Policies have a range of commercial uses, including M&A, corporate restructurings, and routine tax management.
DUAL’s experienced global team has expertise in tax law, accountancy, and M&A. With experts on the ground across the UK, Europe, North America, Latin America, and the Middle East, we’re confident we can achieve positive outcomes for your clients.
100+
Transactional Risk experts globally
Global
Underwriting solutions in every continent
Who we work with
Our market-leading coverage is designed to meet the needs of businesses around the world. We have expertise in arranging cover for a wide range of clients, including:
- Private equity funds
- Institutional investors
- Financial institutions
- Advisors
- Corporations
- Alternative investment managers
We're ready to tackle your client's tax exposures head-on.
Key benefits
Transaction certainty
Eliminate the need for price adjustments or escrow arrangements.
Balance sheet protection
Transfer known tax exposures onto A-rated insurers.
Cost certainty
Transform an open-ended tax liability into a quantifiable premium.
Clean exit
Avoid the need for fund retention structures, freeing up the proceeds.
What’s covered?
Tax Risk insurance protects against financial losses resulting from a challenge by a tax authority. Policies are tailored to the specific tax exposure.
Our Tax Risk insurance policies can be standalone or structured as part of a package.
Covered losses include:
- The amount of tax due pursuant to a final determination.
- Interest charges and penalties associated with the additional tax.
- Advance tax payments and/or guarantees owed to the tax authority prior to commencing a tax dispute.
- Defence costs, including legal and advisory fees to contest the tax authority’s claim.
- Gross-up payments to cover taxes imposed on the payout, ensuring clients can settle the original liability.
Our risk appetite
Our experienced team provides cover for a broad range of tax risks, including:
Corporate income tax risks
Disallowed deductions
Tax credits
Tax losses
Stamp duty and VAT
Indirect tax exposures
Transfer pricing risks
Cross-border payments
Permanent establishment risks
Why choose DUAL?
Flexible policy wordings
Our underwriters write bespoke wordings that are designed to respond effectively in a claim.
Imaginative approach
Talk directly to experienced tax professionals who are empowered to find creative solutions.
Exceptional claims service
DUAL's in-house claims team supports insureds every step of the way. We offer prompt engagement, clear analysis, and fair outcomes.
Global capability, local knowledge
With teams across the UK, Europe, North America, Latin America, and the Middle East, we can connect you to local experts around the world.
Underwriting requirements
To make the underwriting process as efficient as possible, we’ll typically ask for a:
- Tax opinion or tax memo from a qualified tax adviser detailing the technical strength of the tax position.
- Detailed breakdown of the potential loss (i.e. tax liability, interest, penalties, defence costs and gross-up).
Meet our Tax team
Below is our Tax team. For a full list of our Transactional Risk people, including regional specialists, please see the complete team listing below.
Underwriting locations
Global capability, local knowledge.
Wherever you are in the world, our local experts are ready to support you.