Beazley vs 
Corgi: How Do They Compare for D&O Insurance?
Corgi sells startup D&O online with example limits up to $1 million per claim and $2 million in total; Beazley insures private-company policies up to $20 million and offers a choice of defense structure.
Corgi lets a startup request D&O online, with an illustrative $1 million per-claim and $2 million aggregate limit. Beazley goes up to $20 million for private companies and lets you choose duty-to-defend or pay-on-behalf, but you reach it through a broker or regional underwriter. 1,2,3
What Are the Key Differences Between Beazley and Corgi D&O Insurance?
Online Startup Quote vs $20 Million Through an Underwriter
You can request a Corgi D&O quote online; its illustration is $1 million per claim and $2 million aggregate with a $25,000 retention, and no retention on Side A. 3 Beazley underwrites private-company D&O itself up to US $20 million, working through regional Executive Risk underwriters and brokers with no self-service new-business quote. 1 Choose Corgi if you are an early-stage startup that needs a first D&O policy around $1 million quickly; choose Beazley if a term sheet or board asks for several million in limits or you want to control defense.
Control Over Your Defense
Beazley lets you choose between a duty-to-defend form, where the insurer runs the defense, and pay-on-behalf, where you pick counsel and the insurer pays. It also offers Excess Side A to protect individuals if the company can't indemnify them. 1 Corgi's form is claims-made and excludes public-offering claims and entity-level regulatory matters, which matters if you plan to raise through a public offering. 3
A Risk Retention Group vs Beazley Itself
Corgi's policy is underwritten by Technology Risk Retention Group, Inc. A risk retention group is owned by its policyholders and is not backed by state guaranty funds if it fails. 3 Beazley issues its own policy, though its reviewed materials don't name the Beazley company on the declarations. 1
What Should You Confirm in Beazley and Corgi D&O Insurance Quotes?
- Ask Beazley for the quoted limit, Excess Side A pricing, and whether the form is duty to defend or pay on behalf. 1
- Ask Corgi whether the $1 million / $2 million illustration is what you'd bind and whether defense costs erode the limit. 3
- Check Corgi's public-offering and entity-level regulatory exclusions against your fundraising plans. 3
- Ask Beazley which Beazley company issues the policy. 1
Beazley vs Corgi D&O Insurance Compared
Beazley vs Corgi: D&O Insurance: documented features by provider
| Criteria | Beazley D&O – Private Companies | Corgi Directors & Officers (D&O) |
|---|---|---|
| Limits and Retentions | Beazley advertises private-company D&O limits up to US $20 million, on either an admitted or non-admitted (surplus lines) basis; actual limits and retentions are set by underwriting and appear on the declarations. 1,2Company-reported. Advertised maximum capacity, not a guaranteed quote amount. | Corgi's illustrative D&O structure shows limits up to $1 million per claim and $2 million in the aggregate, with a $25,000 self-insured retention per claim (no retention on Side A) and defense costs included within the limit. 3Company-reported. Illustrative policy structure on the product page; actual limits and retentions appear on the declarations. |
| How to Apply | Beazley lists a downloadable EPL renewal application as a tool on the D&O page and names regional Executive Risk underwriters and brokers as contacts, but the reviewed page does not describe a self-service online quoting flow for new D&O business. 1Company-reported. D&O - Private Companies product page as read on 2026-09-23; buyers typically work through a broker or underwriter contact. | You can request a D&O quote online through Corgi's self-serve application. 3Company-reported. Product page quote call to action. |
| Coverage Features | The D&O product lets the policyholder choose between a "duty to defend" or "pay on behalf" claim-handling structure, and Beazley says it pays 100% of defense costs for covered loss. 1Company-reported. D&O - Private Companies product page; actual defense obligations and cost-sharing are set by the issued policy. Beazley offers a dedicated additional Excess Side A limit for individual directors and officers, plus an optional employed-lawyers errors-and-omissions extension. 1Company-reported. D&O - Private Companies product page; availability and pricing of the extension depend on underwriting. | The policy has three coverage parts: Side A pays individual directors and officers directly when the company cannot indemnify them and carries no retention; Side B reimburses the company when it does indemnify directors and officers; Side C covers the company entity itself, subject to additional exclusions including intellectual-property claims and contractual liability. 3Company-reported. Coverage summary for form CORG-DO-0100; the issued policy and declarations control. The standard policy excludes claims from registered public securities offerings, but a carve-back preserves coverage for exempt transactions such as Regulation D private placements, which Corgi says covers how most startups raise capital. 3Company-reported. Scenario notes for form CORG-DO-0100; not every fundraising structure automatically qualifies as exempt. Corgi covers individual directors and officers (Sides A and B) who receive a Wells Notice, subpoena or target letter from a regulator, but the standard policy excludes entity-level regulatory investigations of the company itself. 3Company-reported. Policy notes for form CORG-DO-0100; informal inquiries and document requests that don't rise to these triggers are not covered. |
| Role in This Line | Beazley underwrites private-company directors and officers (D&O) liability itself, offered as a standalone product on its D&O - Private Companies page and bundled with employment practices and fiduciary liability coverage in its ExecuGuard package policy. 1,2Company-reported. US private-company D&O as described on the two reviewed product pages; does not establish which entity issues a particular policy. | Corgi sells D&O as a standalone startup policy and also bundles it into its stage-based packages starting at pre-seed and seed, describing it as protection for directors and officers against personal financial liability for management decisions. 3Company-reported. Product page for form CORG-DO-0100, last reviewed by Corgi on April 24, 2026 per the page itself. |
| Risk Services | D&O policyholders get pre-approved choice-of-counsel flexibility, and law-firm insureds can access a bespoke executive-risk wording through Beazley's related Practice Protect product. 1Company-reported. D&O - Private Companies product page; scope and terms of the Practice Protect wording were not independently reviewed. | Corgi offers three optional D&O endorsements: Outside Directorship (extends coverage to directors and officers serving on outside boards at the company's request), Crisis Event Expense (covers PR and crisis-communications costs after negative publicity), and Investigative Costs (broader coverage for regulatory inquiries short of a formal claim). 3Company-reported. Available Add-ons section of the product page; endorsement availability varies by jurisdiction and underwriting, and each requires a separate endorsement to apply. |
