What Are the Key Differences Between AIG and Corgi Representations and Warranties Insurance?
Transaction structure and support
AIG describes a product for buyers or sellers in M&A, with shared, layered, and excess structures and M&A underwriters supporting transactions. Corgi’s catalog describes protection for either side of a deal but gives no comparable policy-structure or deal-team detail in that entry. AIG’s public material is therefore more specific about structures and M&A support; it does not establish which structure or services will be offered for a particular transaction. [1] [6]
Specialty coverage and insurer detail
Corgi lists R&W outside its instant online quote path, with a stated 1–14 day quote turnaround, and its reviewed material does not identify the carrier for the line. AIG says its product is written through non-admitted AIG carriers; confirm the specific issuing entity from your transaction documents before comparing terms. The stated Corgi timing is for a quote, not a binding date; neither source establishes the terms or timing of an individual deal. [4] [5] [1]
What Should You Confirm in AIG and Corgi Representations and Warranties Insurance Quotes?
- Ask Corgi how the proposed coverage will be underwritten or placed, which carrier will issue it, and whether the 1–14 day quote range fits the deal schedule. Its published line material identifies specialty coverage and timing but does not establish Corgi’s underwriting or brokerage role. [6] [5]
- Ask AIG for the specific issuing entity, verify it against your transaction documents, and confirm which shared, layered, or excess structure it is offering. [1]