Chubb vs Coverdash Representations and Warranties Insurance

Chubb underwrites representations and warranties (R&W) insurance directly, available to either buyers or sellers in an acquisition or merger transaction. ⁴Company-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. ⁹Company-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.

Not described in the reviewed sources.

The transactional risk page does not name an issuing insurer for representations and warranties coverage. Coverdash markets a panel of carriers generally, but not which one underwrites a particular reps and warranties quote. ⁹Not publicly disclosed. Checked the transactional risk product page on 2026-09-23; no insurer is disclosed there for this product.

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. ⁵Company-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. ⁹Company-reported. Hero description and Who it's for section, read for the reps and warranties product specifically rather than the whole transactional risk category.

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. ⁴Company-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. ⁴Company-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. ⁴Company-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. ⁹Company-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. ⁹Company-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. ⁹Company-reported. FAQ answer to 'Why use transactional risk insurance?'; applies to the reps and warranties product specifically.

The reviewed pages state that coverage applies in excess of a retention but do not publish specific limit, retention or premium figures; Chubb describes R&W policies as negotiated deal-by-deal. ⁴Not found in reviewed sources. R&W Insurance product page as read on 2026-09-23.

The transactional risk page does not publish limit, retention or premium amounts for representations and warranties coverage. ⁹Not publicly disclosed. Checked the transactional risk product page on 2026-09-23; limits and retentions are not shown there and would appear on a quote.

R&W insurance is placed through Chubb's transactional risk team working with the deal's buyer, seller and their brokers; the product page directs interested businesses to request a quote. ⁴Company-reported. R&W Insurance product page quote call-to-action.

Not described in the reviewed sources.