August 30, 2026

M&A and Payroll: Identifying, Pricing and Insuring Risk

Payroll risk can often be overlooked among the various diligence streams within a deal process, yet it can represent a material and poorly understood exposure for buyers.

In this practical discussion, our specialists explore how payroll risk is identified, priced and insured in M&A transactions, bringing together payroll diligence experience, an insurer's view on how these risks are treated under W&I policies, and a lawyer's perspective on the broader employment law landscape.

What you'll learn

  • Why payroll due diligence is becoming more common in deals;
  • Common themes and trends emerging in payroll due diligence;
  • How payroll risks are assessed, both qualitatively and quantitatively;
  • The process of obtaining W&I insurance, and the role of warranties and indemnities; and
  • How findings can influence deal negotiations and outcomes

Speakers:

  • Nathan Hamilton — Managing Director, People Services, A&M
  • Steven Torresan — Head of Mergers & Acquisitions, WTW
  • Adrian Wong — Partner (Employment, Workplace Relations & Safety), Thomsons
Authors
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