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

Beazley underwrites R&W directly, including buyer- or seller-side coverage; Heffernan Insurance Brokers arranges policies for private-equity and strategic M&A clients and provides pre-close diligence and post-close planning.

Beazley insures R&W directly, with limits up to $50 million, and works with sellers, founders, VCs and listed companies as well as buyers. Heffernan brokers R&W for private-equity firms and strategic buyers, packaging it with tax, environmental and litigation-buyout cover and pre-close diligence. ^1,²

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

Insurer With Published Capacity vs a Deal-Risk Broker

Beazley writes M&A insurance itself, advertises limits up to $50 million, and names regional underwriters you can contact. Heffernan's Private Equity and M&A practice brokers R&W as part of a transaction-risk program and publishes no limits, retentions or prices. Beazley names selling entrepreneurs, private shareholders, VCs and listed companies among its buyers; Heffernan markets to private-equity firms and strategic investors. Choose Beazley if you're a founder or seller who wants to deal with the insurer; choose Heffernan if you're a PE buyer who wants R&W shopped and bundled with other deal cover. ¹ ²

Other Deal Risks Covered

Heffernan places R&W alongside contingent liability, environmental liability, tax liability and litigation-buyout cover. Beazley says its M&A offering can address adverse tax consequences and contingent liabilities, but doesn't list environmental or litigation-buyout products. If your deal carries environmental or pending-litigation risk, Heffernan documents a route. ² ¹

Diligence Help

Heffernan offers pre-close due diligence (review, benchmarking and a search for hidden liabilities), group purchasing across its PE clients, and insurance planning after closing. Beazley's page describes no diligence service. ² ¹

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

Ask Beazley what limit it will bind against its $50 million maximum and which tax or contingent items apply. ¹
Ask Heffernan which insurers it will approach and whether environmental or litigation-buyout cover is quoted too. ²
Ask Heffernan what diligence it can deliver on your deal timeline. ²
Confirm whether each quote is buyer-side or seller-side. ² ¹

Beazley vs Heffernan Insurance Brokers Representations and Warranties Compared

Beazley vs Heffernan Insurance Brokers: Representations and Warranties Insurance: documented features by provider

Criteria	Beazley Mergers & Acquisitions Insurance	Heffernan Private Equity and M&A Practice — Representation & Warranty Insurance
Who It’s For	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. ¹Company-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. ¹Company-reported. Company-stated geographic reach; not an independently verified regulator record of authorization in every jurisdiction listed.	Heffernan markets this practice to private equity firms and strategic investors doing mergers and acquisitions, covering both enterprise-level and transactional liability needs. ²Company-reported. Private Equity and M&A page as read on 2026-09-23.
Coverage Features	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. ¹Company-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. ¹Company-reported. Product-page "What we offer" summary; each element's availability depends on the specific transaction and underwriting.	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. ²Company-reported. 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.
Role in This Line	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. ¹Company-reported. US Mergers & Acquisitions product page; scope covers the general insuring concept, not a specific policy form.	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. ²Company-reported. Private Equity and M&A page as read on 2026-09-23.
Risk Services	Beazley says it can underwrite transactions globally and structure coverage around the specific details and timeframes of a transaction. ¹Company-reported. Company-stated service description; no turnaround-time commitment or staffing detail is published.	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. ²Company-reported. Private Equity and M&A page as read on 2026-09-23.