AIG vs Beazley: How Do They Compare for Representations and Warranties Insurance?

AIG markets a transaction-specific R&W product and says coverage is written through AIG non-admitted carriers only. The particular issuing entity must be confirmed in the buyer’s transaction documents. ³Company-reported. Role in this product is limited to the description on the linked AIG source.

Beazley underwrites representations and warranties (M&A) insurance directly, describing solutions designed to reduce or extinguish the impact of liabilities arising from a merger or acquisition, including warranty breaches, adverse tax consequences and contingent liability claims. ⁸Company-reported. US Mergers & Acquisitions product page; scope covers the general insuring concept, not a specific policy form.

AIG describes R&W insurance for buyers or sellers in merger and acquisition transactions and publishes a deal-size range as a marketing guide. That range is not an eligibility promise for a particular transaction. ³Company-reported. Audience is the segment AIG names on the linked source; this is not an underwriting decision, quote or guarantee of availability.

Beazley says it offers this coverage to private equity clients, selling entrepreneurs, private shareholders, venture capital funds, listed companies and other corporate clients, with a broad appetite across different target sectors, deal types and transaction structures. ⁸Company-reported. Product-page target-customer list; individual deal acceptance still depends on underwriting.

Beazley says it can underwrite and place M&A insurance, including cross-border deals, in all 50 US states and more than 80 jurisdictions globally. ⁸Company-reported. Company-stated geographic reach; not an independently verified regulator record of authorization in every jurisdiction listed.

AIG says the product may protect against financial loss from breach of sellers’ representations and warranties. The page lists shared, layered and excess structures; policy wording and transaction diligence control the actual coverage. ³Company-reported. AIG’s public product description is not the policy. Actual entitlement depends on the applicable issued form, endorsements and declarations.

Beazley describes coverage that can be provided to a seller to defend against a breach of representations or warranties claimed by a purchaser, or to a purchaser for first-party protection against innocent or fraudulent breaches by a seller. ⁸Company-reported. Product-page description of the insuring structure; actual policy wording, retentions and exclusions are set at binding.

Beyond representation and warranty breaches, Beazley says its M&A offering can also address adverse tax consequences and contingent liability claims arising from a transaction. ⁸Company-reported. Product-page "What we offer" summary; each element's availability depends on the specific transaction and underwriting.

AIG advertises limits up to $100 million per transaction and a typical retention reference of 1.0% of enterprise value dropping to 0.5% after 12 months. These are published product parameters, not a buyer-specific quote or guarantee. ³Not publicly disclosed. This statement reports only what the linked public source discloses and does not substitute for a quote or issued policy.

Beazley advertises M&A insurance limits of up to US $50,000,000. The page does not publish retentions, minimum limits or premium ranges. ⁸Company-reported. Product-page headline limit figure; actual capacity offered depends on the transaction.

AIG describes M&A underwriters, prompt transaction support, multinational expertise and dedicated claims professionals for complex transactional disputes. These services are not a promise to accept or pay a claim. ³Company-reported. The linked page describes company-reported support; specific account services and third-party arrangements must be confirmed.

Beazley says it can underwrite transactions globally and structure coverage around the specific details and timeframes of a transaction. ⁸Company-reported. Company-stated service description; no turnaround-time commitment or staffing detail is published.

Confirm in your quote.

The reviewed page does not list a self-service quote form or application document for M&A insurance; it instead names underwriters and product leaders by region and links to "Speak with an Underwriter" and "Become a Beazley Broker" contact routes. ⁸Not found in reviewed sources. Checked the full product page, including its Tools & Resources equivalent area, on 2026-09-23; no application form was found there, unlike the Crime and Fidelity page.

Confirm in your quote.

Beazley's own example describes a case where its insured was sued by a third party over intellectual property and lost, the third party then counterclaimed against the acquired target, and Beazley paid the claim and it was settled with the third party, despite some question over whether the claim was fully covered. ⁸Company-reported. A single company-selected scenario on the product page; it is not a claims-handling statistic or a guarantee of similar outcomes.