This document is a brochure detailing Synthetic W&I insurance, which offers a suite of warranties under a policy provided by the insurer rather than the seller. The brochure outlines the evolution of this insurance type since its introduction around 2017-2018, noting its increasing adoption despite still being less common than traditional options. It highlights the flexibility of synthetic insurance, which caters to various deal types, and discusses the growing number of insurers offering this product across Asia. The document distinguishes synthetic W&I insurance from traditional W&I by explaining the absence of warranties in the Sale and Purchase Agreement (SPA) and the implications for negotiations and liability. It emphasizes the importance of due diligence in the absence of a formal disclosure process and discusses the role of information flow in determining coverage. Additionally, it addresses timelines, cost considerations, and the necessity for robust due diligence to ensure comprehensive coverage under synthetic policies.