Beazley vs Heffernan Insurance Brokers Representations and Warranties Insurance

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. ⁵Company-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. ⁹Company-reported. Private Equity and M&A page as read on 2026-09-23.

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. ⁵Company-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. ⁵Company-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. ⁹Company-reported. Private Equity and M&A page as read on 2026-09-23.

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. ⁵Company-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. ⁵Company-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. ⁹Company-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.

Beazley advertises M&A insurance limits of up to US $50,000,000. The page does not publish retentions, minimum limits or premium ranges. ⁵Company-reported. Product-page headline limit figure; actual capacity offered depends on the transaction.

The reviewed page does not publish limits, retention levels, or premium ranges for representation and warranty policies. ⁹Not publicly disclosed. Private Equity and M&A page as read on 2026-09-23.

Beazley says it can underwrite transactions globally and structure coverage around the specific details and timeframes of a transaction. ⁵Company-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. ⁹Company-reported. Private Equity and M&A page as read on 2026-09-23.

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. ⁵Not 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.

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. ⁹Company-reported. Private Equity and M&A page as read on 2026-09-23.

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. ⁵Company-reported. A single company-selected scenario on the product page; it is not a claims-handling statistic or a guarantee of similar outcomes.

Not described in the reviewed sources.