Berkshire Hathaway Specialty Insurance vs Usi: Representations and Warranties Insurance

Berkshire Hathaway Specialty Insurance lists R&W among its transactional-liability products with up to $25 million in portfolio capacity; USI Insurance Services brokers for private-equity buyers and sellers and reviews deal documents.

Kearny Risk organizes these comparisons for firms whose advice, content or technology creates professional exposures.Research updated 2026-10-01

What Are the Key Differences Between Berkshire Hathaway Specialty Insurance and USI Insurance Services Representations and Warranties Insurance?

Policy purpose and deal support

Berkshire Hathaway Specialty Insurance describes R&W as adding protection beyond negotiated caps and survival periods and potentially reducing seller escrow. USI’s Private Equity practice lists R&W insurance among its deal-support services and says it reviews offering memoranda and purchase-and-sale agreements to flag red flags and define pre-closing liabilities. A deal team can compare the policy purpose with USI’s document-review work, but that review does not establish which representations an insurer will cover; the actual policy and purchase agreement control. [3] [6]

Support after closing

USI describes a local service team that can oversee the acquired company’s insurance and benefits programs after close, alongside benchmarking and total-cost-of-risk analysis. If the buyer needs continuity across acquisition and integration, ask USI what its local team will handle after close; separately confirm BHSI’s policy terms for the specific transaction. [6] [2]

What Should You Confirm in Berkshire Hathaway Specialty Insurance and USI Insurance Services Representations and Warranties Insurance Quotes?

  • Ask BHSI how the proposed R&W policy would address negotiated caps, survival periods and seller escrow. [3]
  • Ask USI which deal documents it will review and which carrier will issue R&W coverage. [6]
  • Define the post-close insurance tasks included in USI’s service proposal. [6]

Areas of coverage

Berkshire Hathaway Specialty Insurance

  • coverage: BHSI’s current U.S. Transactional Liability page and linked overview name Representations and Warranties Insurance as a product. Direct U.S. product listing; final coverage depends on transaction-specific contract terms.company-reportedSource ↗Source ↗
  • coverage: The U.S. overview describes R&W insurance as adding protection beyond negotiated caps and survival periods and as potentially reducing seller escrow. Company-reported transactional use cases; not a promise of clean exit, outcome or standardized policy response.company-reportedSource ↗
  • limits: The 2025 U.S. Transactional Liability overview states portfolio capacity up to $25 million and says premiums/retentions vary with transaction size and risks. Portfolio-wide underwriting capacity, not a guaranteed R&W limit or quote; document dated 2025-05-16-A.company-reportedSource ↗
  • eligibility: The current page lists manufacturing, financial institutions, technology, real estate, energy, healthcare and retail as transactional-liability target sectors. Portfolio target sectors, not R&W-only acceptability criteria.company-reportedSource ↗

USI Insurance Services

  • role: USI brokers representations and warranties (R&W) insurance as part of its Private Equity practice's deal-support services; it does not underwrite the policy itself. Private Equity practice page.company-reportedSource ↗
  • insurer: The Private Equity page does not name the insurer USI uses for R&W placements. Page as read on 2026-09-23.not-disclosedSource ↗
  • eligibility: USI markets this practice to private equity buyers and sellers working with financial or strategic buyers throughout a merger or acquisition process, not to a general commercial buyer outside a deal context. Company description of the practice's audience.company-reportedSource ↗
  • coverage: USI lists "Representations and Warranties Insurance Solutions for Uninsured Risk" among its Private Equity practice's offerings, in the context of reviewing the offering memorandum and purchase-and-sale agreement to identify pre-closing liabilities. Single catalogue line on the practice page; actual insuring agreements, exclusions and the underwriting review process are set by the R&W insurer and the deal's own diligence.company-reportedSource ↗
  • limits: The page does not publish limit or retention figures for R&W placements. Page as read on 2026-09-23.not-disclosedSource ↗
  • services: USI says it reviews the offering memorandum and purchase-and-sale agreement to flag red flags, helps define pre-closing liabilities, and maintains a local service team overseeing the target company's insurance and benefits programs after close, alongside benchmarking and total-cost-of-risk analysis. Company description of the deal-support process; R&W insurance is one of several services listed alongside these.company-reportedSource ↗
  • application: USI directs private equity and M&A inquiries to pcinquiries@usi.com or a local USI office. Contact instructions on the Private Equity practice page.company-reportedSource ↗

Berkshire Hathaway Specialty Insurance says R&W may extend protection beyond negotiated caps and survival periods and reduce seller escrow; USI lists R&W among its Private Equity services and describes deal-document review and post-close support.

Sources reviewed

  1. 01
    Mergers & Acquisitions

    Beazley · Product overview: buyer and seller protection for inaccuracies in representations or warranties · accessed 2026-09-16

  2. 02
    Transactional Liability

    Berkshire Hathaway Specialty Insurance · Product Highlights list R&W, tax, contingent-liability and class-action-settlement insurance; Top Targets list manufacturing, financial institutions, technology, real estate, energy, healthcare and retail, lines 6–27. The target list is for the transactional-liability portfolio, not exclusive R&W eligibility. · accessed 2026-09-28

  3. 03
    Transactional Liability Overview

    Berkshire Hathaway Specialty Insurance · PDF pp.1–2: R&W, tax, contingent-liability, and class-action-settlement products; portfolio-wide primary/excess and up-to-$25m capacity; premiums/retentions vary by transaction/risk; portfolio appetite and in-house claims group; R&W buyer-use descriptions; dated 2025-05-16-A. Product-specific limits and final terms not stated. Source version: 2025-05-16-A. · accessed 2026-09-28

  4. 04
    Transaction liability insurance | Representation and indemnities insurance

    CFC · What are representations and warranties?; Who should buy representation and warranty insurance?; Available to buyers & sellers; Limited seller security; Is transaction liability insurance available to sellers · accessed 2026-09-16

  5. 05
    Transactional Risk Insurance

    Coverdash · Transactional risk insurance; representations and warranties coverage; buy-side policies; tax and contingent liability products · accessed 2026-09-16

  6. 06
    Private Equity

    USI Insurance Services · Optimizing Risk from Letter of Intent to Exit; As part of our thorough insurance due diligence, we carefully review the offering memorandum and the purchase-and-sale agreement...; USI's Private Equity Practice offers comprehensive solutions and services, including:...Representations and Warranties Insurance Solutions for Uninsured Risk... · accessed 2026-09-23

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