Chubb vs Coverdash: How Do They Compare for Representations and Warranties Insurance?

Chubb underwrites buyer- and seller-side R&W directly; Coverdash arranges quotes from a panel of insurers and says buy-side policies let the buyer recover directly from the insurer.

Chubb writes R&W itself, mainly for large US and Canadian multinationals, and covers buyers beyond the seller's indemnity cap or if the seller can't pay. Coverdash shops quotes from a panel of insurers it doesn't name, and pitches R&W as a way to reduce or replace escrow. ^1,³

What Are the Key Differences Between Chubb and Coverdash Representations and Warranties Insurance?

Chubb's Own Policy vs a Panel of Insurers

Chubb writes R&W directly for buyers or sellers, within a suite serving large US and Canadian multinational companies and their brokers. Coverdash doesn't write the policy; it arranges quotes from insurers on its panel for buyers, sellers and investors in M&A and private equity. Choose Chubb if you're a large company or your broker wants a single known insurer on a big deal; choose Coverdash if you're a smaller buyer, seller or PE investor who wants several quotes compared. ¹ ² ³

How Each Protects a Buyer

Chubb says buy-side cover protects you beyond the negotiated indemnity cap and survival period, protects you if the seller can't pay, and helps your bid stand out by accepting shorter survival and lower caps. Coverdash says either side can buy, buy-side is more common because the buyer recovers directly from the insurer, and the policy can reduce or replace escrow and holdbacks. ¹ ³

Unpublished Numbers

Neither publishes limits, retentions or premiums, and Chubb doesn't state a minimum deal size. Chubb does say cover sits above a retention, so expect to carry the first layer of loss yourself. ² ¹ ³

What Should You Confirm in Chubb and Coverdash Representations and Warranties Insurance Quotes?

Ask Coverdash which insurer would issue your policy. ³ ¹
Ask how each quote treats escrow, indemnity caps, survival periods and seller solvency. ¹ ³
Ask whether the policy is buy-side or sell-side and who the named insured is. ¹ ³
Get the retention in writing from both. ¹ ³

Chubb vs Coverdash Representations and Warranties Insurance Compared

Chubb vs Coverdash: Representations and Warranties Insurance: documented features by provider

Criteria	Chubb Representations and Warranties (R&W) Insurance	Coverdash Representations and Warranties Insurance
Who It’s For	Chubb's R&W product is part of its broader transactional risk suite serving large U.S. and Canadian multinational companies and their brokers; the reviewed pages do not state a minimum deal size for R&W specifically. ²Company-reported. Multinational large-accounts page Specialty Coverage list; R&W page does not itself state deal-size eligibility.	Coverdash markets representations and warranties coverage to buyers, sellers and investors in mergers, acquisitions and private equity deals, describing it as a way to allocate deal risk and help close with confidence. ³Company-reported. Hero description and Who it's for section, read for the reps and warranties product specifically rather than the whole transactional risk category.
Coverage Features	Chubb says the policy protects against financial losses, including defense costs, in excess of a retention, for certain unintentional and unknown breaches of the seller's representations and warranties made in the acquisition or merger agreement. ¹Company-reported. R&W Insurance product page opening description and footnote. For buyer-side policies, Chubb lists benefits including protection beyond the negotiated indemnity cap and survival limitations, protection against a seller's collectability or solvency risk, and support for distinguishing a bid in a competitive auction by requiring shorter survival periods and lower liability caps from the seller. ¹Company-reported. Benefits of a Buyer-Side R&W Insurance Policy section. For seller-side policies, Chubb says the coverage backstops negotiated indemnity obligations, which it calls a key benefit for private equity or venture capital funds at the end of their life cycle, and protects minority or passive sellers concerned about joint and several liability. ¹Company-reported. Benefits of a Seller-Side R&W Insurance Policy section.	Coverdash describes representations and warranties insurance as covering losses from a breach of the representations and warranties made in a deal, specifically breaches of the seller's representations and warranties. ³Company-reported. Reps and warranties Types of Coverage card and the FAQ answer to 'What's covered?'; exclusions, retentions and claims conditions are not described and would appear on the issued policy. Coverdash says either the buyer or the seller in an M&A transaction can buy representations and warranties coverage, and that buy-side policies are the more common choice because they let the buyer recover directly from the insurer. ³Company-reported. FAQ answer to 'Who buys reps and warranties coverage?'. Coverdash says using representations and warranties insurance can reduce or replace escrow and indemnity holdbacks in a deal, and that it helps protect the buyer-seller relationship and close deals faster. ³Company-reported. FAQ answer to 'Why use transactional risk insurance?'; applies to the reps and warranties product specifically.
Role in This Line	Chubb underwrites representations and warranties (R&W) insurance directly, available to either buyers or sellers in an acquisition or merger transaction. ¹Company-reported. R&W Insurance product page.	Coverdash arranges representations and warranties insurance quotes from its panel of insurers rather than underwriting the policy itself, as one of three products (alongside tax liability and contingent liability) on its transactional risk page. ³Company-reported. Coverdash's transactional risk product page, scoped to the reps and warranties card specifically, read together with the provider record's brokerage role. Does not identify which insurer would actually issue a given quote.

Criteria

Chubb Representations and Warranties (R&W) Insurance

Coverdash Representations and Warranties Insurance

Who It’s For

Chubb's R&W product is part of its broader transactional risk suite serving large U.S. and Canadian multinational companies and their brokers; the reviewed pages do not state a minimum deal size for R&W specifically. ²Company-reported. Multinational large-accounts page Specialty Coverage list; R&W page does not itself state deal-size eligibility.

Coverdash markets representations and warranties coverage to buyers, sellers and investors in mergers, acquisitions and private equity deals, describing it as a way to allocate deal risk and help close with confidence. ³Company-reported. Hero description and Who it's for section, read for the reps and warranties product specifically rather than the whole transactional risk category.

Coverage Features

Chubb says the policy protects against financial losses, including defense costs, in excess of a retention, for certain unintentional and unknown breaches of the seller's representations and warranties made in the acquisition or merger agreement. ¹Company-reported. R&W Insurance product page opening description and footnote.

For buyer-side policies, Chubb lists benefits including protection beyond the negotiated indemnity cap and survival limitations, protection against a seller's collectability or solvency risk, and support for distinguishing a bid in a competitive auction by requiring shorter survival periods and lower liability caps from the seller. ¹Company-reported. Benefits of a Buyer-Side R&W Insurance Policy section.

For seller-side policies, Chubb says the coverage backstops negotiated indemnity obligations, which it calls a key benefit for private equity or venture capital funds at the end of their life cycle, and protects minority or passive sellers concerned about joint and several liability. ¹Company-reported. Benefits of a Seller-Side R&W Insurance Policy section.

Coverdash describes representations and warranties insurance as covering losses from a breach of the representations and warranties made in a deal, specifically breaches of the seller's representations and warranties. ³Company-reported. Reps and warranties Types of Coverage card and the FAQ answer to 'What's covered?'; exclusions, retentions and claims conditions are not described and would appear on the issued policy.

Coverdash says either the buyer or the seller in an M&A transaction can buy representations and warranties coverage, and that buy-side policies are the more common choice because they let the buyer recover directly from the insurer. ³Company-reported. FAQ answer to 'Who buys reps and warranties coverage?'.

Coverdash says using representations and warranties insurance can reduce or replace escrow and indemnity holdbacks in a deal, and that it helps protect the buyer-seller relationship and close deals faster. ³Company-reported. FAQ answer to 'Why use transactional risk insurance?'; applies to the reps and warranties product specifically.

Role in This Line

Chubb underwrites representations and warranties (R&W) insurance directly, available to either buyers or sellers in an acquisition or merger transaction. ¹Company-reported. R&W Insurance product page.

Coverdash arranges representations and warranties insurance quotes from its panel of insurers rather than underwriting the policy itself, as one of three products (alongside tax liability and contingent liability) on its transactional risk page. ³Company-reported. Coverdash's transactional risk product page, scoped to the reps and warranties card specifically, read together with the provider record's brokerage role. Does not identify which insurer would actually issue a given quote.