What Are the Key Differences Between Newfront and USI Insurance Services Representations and Warranties Insurance?
Deal-Time Cover Stack vs Post-Close Servicing
Both are brokers. Newfront's Private Equity & Transaction Advisory Group works as an extension of your deal team, placing R&W for unknown risks alongside tax insurance and contingent-liability cover for hard-to-place risks, with diligence professionals and data analytics. USI's Private Equity practice reviews the offering memorandum and purchase agreement to find pre-closing liabilities, lists R&W for uninsured risk, and keeps a local team running the acquired company's insurance and benefits afterward, with benchmarking and total-cost-of-risk analysis. Choose Newfront if you need tax or contingent-liability cover on the same deal; choose USI if you want one broker to carry the portfolio company's insurance after closing. [5] [6]
How You Start
Newfront starts with a consultation asking for your industry, company details and the service you need. USI directs inquiries to its published private-equity inbox or a local office. Neither names the R&W insurer or publishes limits. [4] [6]
What Should You Confirm in Newfront and USI Insurance Services Representations and Warranties Insurance Quotes?
- Ask Newfront which insurers it will approach and whether tax or contingent cover is quoted. [5]
- Ask USI how its purchase-agreement review reaches the R&W underwriter. [6]
- Ask Newfront whether it services the acquired company after closing, as USI does. [5] [6]
- Get the issuing insurer, limit and retention from both. [5] [6]