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Alistair Lester

Alistair Lester

CEO Private Equity & M&A EMEA at Gallagher; M&A insurance specialist with nearly 30 years in deal risk solutions including W&I, tax, and litigation insurance for PE and corporate transactions.

Jun 23, 2026

33:33
So how's the experience been? So there
33:35
are different views.
33:37
The notification rate is probably somewhere between 20% to 30% across the portfolio.
33:42
Claims settlements where there's actually a payment in terms of volumes rather than in terms of loss ratio is probably in the 10% range, 5% to 10% range.
33:49
So The statistics will show you that most of the claims settled remain relatively modest.
33:57
So single digit millions of claims, even on larger deals, they tend to be broadly dominated by financial statements.
34:05
So some misrepresentation or disagreement in the financial statements of the target company.
39:02
Are any of those going to become another new strand of business that you're particularly excited about? So as I

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