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flag Icen Risk, backed by Zurich, launches U.S. M&A insurance services with focus on tax and deal risks.

flag Icen Risk, a London-based M&A insurance specialist, has launched its services in the U.S., backed by a $50 million investment from Zurich Insurance Group. flag The company is offering tax liability and representations and warranties insurance to private equity firms, investment funds, and corporations involved in cross-border deals. flag Icen has established a New York-based team led by Chad Wilson and Jonathan Sprintz, with plans to expand its product offerings as demand grows in the U.S. market, which has seen steady double-digit annual growth in transactional insurance premiums.

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