Thinking about merging?

2 September, 2009

In this current economic climate there has been an increase in the movement of firms either by way of merger or acquisition. Your policy of insurance is a ‘claims made’ policy and claims histories will move with a firm in certain circumstances. Claims made after the merger but in relation to a pre-merger firm may also affect the new entity.

Firms considering merging or acquiring other firms should read the details about merging and buying a practice under the Policy and Premium section listed on the left-hand side of our website at www.lplc.com.au