During the acquisition of a significant hotel business in Germany, the buyer, a London-based property fund, established that the distressed seller couldn't provide adequate warranty protection.  As a result, the buyer’s investment committee required meaningful protection against the purchase and CLEAR were approached for advice on a suitable insurance policy.

Together with the insurer CLEAR worked with the property fund and its lawyer to provide €8,000,000 of buyer’s Warranty and Indemnity insurance, with a €100,000 policy excess, on the €80,000,000 transaction. CLEAR's efforts helped to expedite the process and the cover was in place in two weeks, allowing the purchase to continue.