ZACH

What ZACH does

ZACH is a Paris-headquartered insurance and reinsurance brokerage firm specialized in M&A warranty and indemnity (W&I) insurance, serving corporate buyers and sellers engaged in French and cross-border transactions. The firm operates as a regulated courtier en assurances et réassurances, registered with ORIAS under number 21009140 and supervised by the ACPR, and positions itself as a pure-play specialist rather than a generalist broker. ZACH is led by two managing partners—Jonathan Amoch, a former M&A lawyer, and Michael Chaouat, a commercial real estate professional—and engages directly with clients and their legal and financial advisors throughout transaction structuring and negotiation.

The firm's product portfolio centers on the Assurance Garantie de Passif (W&I Insurance), offered through two distinct engagement models: a "Hard Staple" W&I service for large-cap transactions above €1 billion, where ZACH selects the insurer and pre-negotiates the policy from the seller's data room for transmission to buyers, and a "Soft Staple" W&I service for mid-market deals, where ZACH prepares an insurance market report and finalizes the policy at the exclusive negotiation phase. The portfolio is extended by "Assurances Spécifiques" covering tax, environmental, and known-fact risks outside the standard W&I envelope, plus a dedicated M&A Insurance Advisory service line spanning coverage design and execution through closing.

ZACH's revenue model is transaction-based brokerage commissions earned from first-tier insurers for placing bespoke W&I and specific risk policies. The go-to-market is sales-led and referral-driven, relying on close collaboration with M&A lawyers and investment banks, supplemented by a Typeform-based inquiry funnel on its website. Pricing is deal-specific and not publicly disclosed; with only two named partners and no disclosed headcount, the firm operates as a small specialist boutique in a French W&I market that the company itself describes as "en fort développement."

Name

ZACH

Legal name

ZACH

Website

https://zach-ma.com

Company type

Private

Operating status

Operating

Short description

ZACH is a Paris-based specialist insurance broker focused exclusively on M&A warranty and indemnity (W&I) insurance, advising corporate buyers and sellers on risk transfer solutions for French and cross-border transactions.

Ownership category

akta.pro rank

Product category

M&A Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Due Diligence & Transaction Risk Advisory (M&A, W&I) (FSAEADAM)

akta.pro secondary industry

Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD)

Keywords

• M&A insurance brokerage
• Warranty indemnity insurance
• Representations warranties insurance
• Specific risk insurance
• M&A risk advisory

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Insurance brokerage commissions: ZACH acts as an insurance broker (courtier en assurances et réassurances) earning commissions from insurance carriers for placing W&I and M&A insurance policies. The firm negotiates bespoke insurance programs with first-tier insurers on behalf of clients (buyers or sellers) in M&A transactions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

ZACH is a specialist M&A insurance broker that advises on and brokers Warranty & Indemnity (W&I) insurance and specific risk insurance for buyers and sellers engaged in mergers and acquisitions. The firm places bespoke cover with first-tier insurers, operating Hard Staple W&I for transactions over €1 billion and Soft Staple W&I for lighter, less resource-intensive engagements, alongside complementary cover for tax, environmental, and known-fact risks.

Product overview

ZACH is a specialist insurance broker focused exclusively on M&A (Mergers & Acquisitions) transactions, offering a portfolio of W&I (Warranties & Indemnities) insurance products. The core offering centers on the Assurance Garantie de Passif (W&I Insurance), with two main service models: Hard Staple W&I for large transactions (over €1 billion) where the seller pre-negotiates insurance terms with selected insurers, and Soft Staple W&I as a lighter alternative. Complementary Specific Insurances cover tax, environmental, and known-fact risks. Advisory services provide end-to-end support from structuring through closing. The portfolio operates as a single service line rather than a modular software platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Assurance Garantie de Passif (W&I Insurance)

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• WTW (Willis Towers Watson): Global advisory, brokerage, and solutions firm with a Transactional Risk practice placing W&I insurance for M&A transactions across multiple jurisdictions. WTW is one of the top-tier incumbents competing with ZACH for mid-market and large-cap French mandates.
• Lockton: World's largest independent insurance brokerage with a dedicated Transactional Risk practice placing W&I policies for middle-market and large-cap M&A deals. Lockton competes with ZACH across European and French mandates.
• Marsh: One of the world's largest insurance brokers with a dedicated M&A practice placing W&I and transactional risk insurance globally. Marsh competes directly with ZACH in the French and European M&W markets as the broadest-scope incumbent alternative.
• Howden: Global insurance broker that has built a strong specialty practice in W&I and transactional risk insurance. Howden competes with ZACH in European M&A insurance placement while offering broader specialty lines.
• Aon: Global insurance and reinsurance brokerage giant with a major M&A risk practice that places W&I insurance for large-cap and mid-cap transactions worldwide. Aon is the dominant incumbent competing with specialist boutiques like ZACH for W&I placement mandates.

Direct peers

• Woodruff Sawyer: US-based commercial insurance brokerage with a focused Transactional Risk practice that places W&I insurance for middle-market M&A deals. Closely comparable to ZACH as a specialist W&I broker serving similar buyer/seller constituencies.
• Euclid Transactional Services: US-headquartered specialist W&I insurance brokerage focused exclusively on representations and warranties insurance for middle-market M&A transactions. Closest direct comparable to ZACH in terms of pure-play W&I specialist positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/zachma

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ZACH