What Are the Key Differences Between Berkshire Hathaway Specialty Insurance and Lockton Representations and Warranties Insurance?
Capacity and deal-team roles
Berkshire Hathaway Specialty Insurance’s 2025 overview states up to $25 million in Transactional Liability portfolio capacity, with premiums and retentions varying by transaction size and risk. Lockton’s reviewed R&W claims describe placement staffing but do not state a comparable capacity figure. BHSI’s ceiling is portfolio-level rather than a commitment for your deal, so ask both markets for the limit they will offer before comparing capacity. Lockton’s former M&A lawyers and Partner/Associate model describe service structure, not an available limit. [3] [6]
Support after binding
Lockton says it provides dedicated transaction-liability claims experts after a policy is bound and reports hundreds of millions of dollars in settled R&W claims. BHSI’s overview describes an in-house claims group for its transactional-liability portfolio, but the reviewed source does not assign that group to R&W claims. Ask both providers who handles an R&W claim after binding; Lockton’s aggregate result is company-reported, not a promised outcome. [6] [3]