Not enough attention is paid to risk exposure issues in merger and acquisition transactions involving insurers, sometimes leaving the purchaser with unexpected exposures, an insurance brokerage executive said.

Geoffrey Clark, managing director of Marsh’s Private Equity Mergers and Acquisition practice, said too often in a merger or acquisition transaction not enough attention is paid to insurance issues. Risk managers, who are the experts in this field, are left out of reviewing the deal to the detriment of its success.

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