Corgi vs Heffernan: Representations and Warranties Insurance

Corgi offers R&W for either side of an M&A deal, quoted in 1–14 days; Heffernan Insurance Brokers serves private-equity and strategic investors with diligence and post-close insurance planning.

Kearny Risk organizes these comparisons for firms whose advice, content or technology creates professional exposures.Research updated 2026-09-29

What Are the Key Differences Between Corgi and Heffernan Insurance Brokers Representations and Warranties Insurance?

Catalogue Quote vs a Private Equity Deal Practice

Corgi sells R&W as a specialty product for buyers or sellers, outside its instant-quote flow, with a 1 to 14 day quote window. Heffernan's practice brokers R&W for private equity firms and strategic investors and pairs it with contingent, environmental, tax and litigation-buyout cover. Choose Heffernan if you're a PE firm or strategic acquirer that wants a deal team and related transaction cover; choose Corgi if you're a startup doing a smaller deal and already buy other Corgi policies. [5] [3] [7]

Due Diligence and Post-Close Planning Only at Heffernan

Heffernan describes pre-close due diligence (a detailed review, benchmarking and a search for hidden liabilities), group purchasing across its PE clients, and insurance planning for the company after closing. Corgi describes protection against loss from breached representations in a purchase agreement, but no diligence or deal-team support. [7] [3] [5]

What Should You Confirm in Corgi and Heffernan Insurance Brokers Representations and Warranties Insurance Quotes?

  • Ask both which insurer would issue the policy. [7] [4]
  • Decide whether you need R&W alone or Heffernan's related transaction cover. [7]
  • Check Corgi's 1 to 14 day timeline against your closing date. [3] [7]
  • Ask both for limits and retentions; neither publishes them. [5] [7]

Corgi sells R&W as a specialty quote that takes 1 to 14 days, with little detail beyond breach protection. Heffernan brokers R&W for private equity firms and strategic investors, adding pre-close due diligence, tax, environmental and contingent-liability cover, and post-close insurance planning.

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
    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

  3. 03
    Corgi Insurance: Startup Insurance, Quoted in Minutes

    Corgi Insurance · Explore Our Main Policies list: "1-14 days turnaround Representations and Warranties" card, same coverage description as the startup-insurance page · accessed 2026-09-23

  4. 04
    Disclaimers & Licensing

    Corgi Insurance · Carrier Financial Strength; How Insurance Is Provided Through Corgi; Specialty Insurance Carrier and Underwriting Disclosures · accessed 2026-09-23

  5. 05
    Startup Insurance | Corgi Insurance

    Corgi Insurance · Specialized Coverages section: "1-14 days turnaround R&W (Representations & Warranties Insurance) — Protects buyers or sellers in M&A transactions against financial loss arising from breaches of representations and warranties in purchase agreements." · accessed 2026-09-23

  6. 06
    Transactional Risk Insurance

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

  7. 07
    Private Equity and M&A

    Heffernan Insurance Brokers · Reps & Warranties Insurance; Heffernan Insurance Brokers (HIB) Private Equity and M&A Practice; Key Merger and Acquisition Insurance Services: Pre-Close Due Diligence, Insurance Placement Hub, Post-Close Insurance Strategies; Transactional Risk Mitigation to Contain Any Threats: RWI, Contingent Liability, Environmental Liability, Tax Liability, Litigation Buyout; Other Related Services: General Partnership Liability (GPL), Professional Liability/E&O, Key person insurance · accessed 2026-09-23

Areas of coverage

Corgi

  • role: Corgi lists Representations and Warranties insurance as a specialty coverage quoted with a 1-14 day turnaround, not through its instant online quote flow used for CGL, D&O, Tech E&O, and its other core policies. Homepage and startup-insurance page policy-card labeling as of 2026-09-23. No dedicated product page was found; direct URL guesses (/representations-and-warranties, /representations-warranties) returned 404s.company-reportedSource ↗Source ↗
  • coverage: Corgi describes the product as protecting buyers or sellers in M&A transactions against financial loss arising from breaches of representations and warranties in a purchase agreement. One-sentence catalog description; no policy form, insuring agreement, exclusion, retention, or underwriting-diligence requirement is published for this line.company-reportedSource ↗Source ↗
  • eligibility: Corgi targets this product at businesses on either side of an M&A transaction (buyer or seller), which is a narrower, transaction-triggered audience than its startup-lifecycle packages built around CGL, D&O, Tech E&O, and Cyber. Catalog description; no deal-size, industry, or state restrictions are published for this line.company-reportedSource ↗Source ↗
  • insurer: No page names the carrier that issues Representations and Warranties coverage. Corgi's general disclosures say coverage may be underwritten by affiliated carriers, including Technology Risk Retention Group, or by third-party partner carriers depending on product, jurisdiction, and risk profile, without identifying which applies to this line. Disclaimers page general underwriting disclosure, checked for a line-specific statement and finding none as of 2026-09-23.not-disclosedSource ↗
  • limits: No limit, retention, or illustrative policy structure is published for Representations and Warranties, unlike Corgi's Tech E&O and Umbrella pages, which show example limits. Reviewed pages as of 2026-09-23; limits would appear on an actual quote.not-disclosedSource ↗Source ↗
  • application: Representations and Warranties sits outside Corgi's instant-quote flow; the site groups it with policies quoted in 1-14 days rather than through the self-serve online application used for its core coverages. Homepage and startup-insurance page policy-card labeling.company-reportedSource ↗Source ↗
  • services: The reviewed pages do not describe due-diligence support, deal-team access, or other transaction-specific services tied to this line. Homepage and startup-insurance page as read on 2026-09-23.not-foundSource ↗Source ↗

Heffernan Insurance Brokers

  • role: Heffernan's Private Equity and M&A (HIB) Practice arranges representation and warranty (RWI) insurance for deal buyers and sellers as part of a broader transactional-risk brokerage, rather than underwriting the coverage itself. Private Equity and M&A page as read on 2026-09-23.company-reportedSource ↗
  • eligibility: Heffernan markets this practice to private equity firms and strategic investors doing mergers and acquisitions, covering both enterprise-level and transactional liability needs. Private Equity and M&A page as read on 2026-09-23.company-reportedSource ↗
  • coverage: Heffernan says RWI safeguards a buyer and seller's agreed understanding of a deal, and groups it under 'Transactional Risk Mitigation' alongside contingent liability, environmental liability, tax liability, and litigation-buyout coverage. Private Equity and M&A page as read on 2026-09-23; the page does not describe RWI's specific insuring agreement, exclusions, retention structure, or limits.company-reportedSource ↗
  • services: Heffernan describes pre-close due diligence (a detailed review, benchmarking and a search for hidden liabilities), group purchasing across its private-equity clients, and insurance planning for the company after closing. Private Equity and M&A page as read on 2026-09-23.company-reportedSource ↗
  • limits: The reviewed page does not publish limits, retention levels, or premium ranges for representation and warranty policies. Private Equity and M&A page as read on 2026-09-23.not-disclosedSource ↗
  • application: Heffernan invites private equity and M&A clients to contact the practice directly; the page does not describe a self-service quote or online application path. Private Equity and M&A page as read on 2026-09-23.company-reportedSource ↗

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