Corgi vs Founder Shield Representations and Warranties Insurance

Corgi lists R&W on a specialty card; Founder Shield places A-rated carrier paper for sponsors, strategics and family sellers.

What Is Corgi Insurance?

Corgi Insurance sells commercial coverage to technology startups through stage-based packages (pre-seed and seed, Series A, and growth stage) that combine general liability, directors and officers, technology E&O, cyber, and related lines, alongside a growing small-business product line for other industries. Coverage may be issued by Corgi’s own risk retention group, an affiliated admitted carrier, or a partner insurer, so the issuing entity and available protections depend on the specific product and state. 1,2,3,4,5

Read the Corgi profile

What Is Founder Shield Insurance?

Founder Shield is a commercial insurance broker for venture-backed and growing businesses. Buyers can request coverage through its online portal and work with advisors on insurer selection, policy changes and claims reporting. 7,8,9,10,11

Read the Founder Shield profile

What Is Representations and Warranties Insurance?

Representations and warranties insurance addresses financial loss from inaccuracies in the representations or warranties made in a stock or asset purchase agreement. It doesn't cover issues already known before signing, disputes over the purchase price, or every statement made during diligence. 14,15

Read the full coverage guide

Key Differences in Representations and Warranties Insurance

How You Buy

Corgi lists representations and warranties as a specialty coverage quoted with a 1–14 day turnaround, not through the instant online quote flow it uses for CGL, D&O, Tech E&O, and its other core policies. Founder Shield is a retail insurance brokerage. You request this line through its website or an insurance advisor rather than binding coverage directly; Founder Shield says its placement team then approaches carriers on the client’s behalf. 6 13 9

Corgi publishes that 1–14 day labeling for this line. Founder Shield’s reviewed pages describe a placement request, not a published turnaround in days. 2 13

Who Each Names as a Customer

Corgi targets this product at businesses on either side of an M&A transaction (buyer or seller) and does not publish deal-size, industry, or state restrictions for the line. Founder Shield markets R&W insurance to private equity and other financial sponsors, strategic buyers, corporate sellers divesting a business unit, and family-owned businesses being sold. Both describe M&A parties; Founder Shield names those four seats, and Corgi’s reviewed pages do not. 2 12

Coverage Description and Issuing Carrier

Founder Shield lists financial-statement misstatements, undisclosed tax liabilities, legal or regulatory non-compliance, and undisclosed contracts or leases as the kinds of seller misrepresentations the policy can cover, mostly on the buyer side. Corgi describes the product as protecting buyers or sellers against financial loss arising from breaches of representations and warranties in a purchase agreement. Its reviewed pages do not list those example misrepresentation types. 12 2

Founder Shield says it places policies, including this line, only with carriers rated A- or better by AM Best, chosen for the client’s industry, and does not name the issuing insurer until placement. No Corgi page names the carrier that issues representations and warranties coverage; its general disclosures say coverage may be underwritten by affiliated or partner carriers depending on product, jurisdiction, and risk profile. 9 1

What to Confirm in Representations and Warranties Insurance Quotes

  • Name Founder Shield’s selected carrier and Corgi’s issuer for this deal. 9 1
  • Ask which seller-misrepresentation categories the form actually insures. 12
  • Confirm Corgi’s 1–14 day specialty timeline versus Founder Shield’s placement process. 2 13
  • Compare limit and premium as a percentage of limit; Corgi publishes neither. 12 6

Offering Details

Corgi vs Founder Shield Representations and Warranties Insurance: documented features by provider

CriteriaCorgi Representations and Warranties InsuranceFounder Shield Representations and Warranties Insurance
Role in This Line

Corgi lists Representations and Warranties insurance as a specialty coverage quoted with a 1-14 day turnaround, not through its instant online quote flow used for CGL, D&O, Tech E&O, and its other core policies. 2,6Company-reported. Homepage and startup-insurance page policy-card labeling as of 2026-09-23. No dedicated product page was found; direct URL guesses (/representations-and-warranties, /representations-warranties) returned 404s.

Founder Shield is a retail insurance brokerage, described on its site as “the innovation arm of The Baldwin Group,” and places Founder Shield Representations and Warranties Insurance with third-party carriers rather than underwriting the policy itself. 13Company-reported. About-us page; applies to Founder Shield's brokerage model generally, restated here for this line.

Issuing Insurer

No page names the carrier that issues Representations and Warranties coverage. Corgi's general disclosures say coverage may be underwritten by affiliated carriers, including Technology Risk Retention Group, or by third-party partner carriers depending on product, jurisdiction, and risk profile, without identifying which applies to this line. 1Not publicly disclosed. Disclaimers page general underwriting disclosure, checked for a line-specific statement and finding none as of 2026-09-23.

Founder Shield says it places policies, including Founder Shield Representations and Warranties Insurance, only with carriers rated A- or better by AM Best, chosen for the client's industry. It does not name the issuing insurer for this line; that depends on which carrier the policy is placed with. 9Company-reported. General carrier-selection FAQ, not specific to this line's placements.

Who It’s For

Corgi targets this product at businesses on either side of an M&A transaction (buyer or seller), which is a narrower, transaction-triggered audience than its startup-lifecycle packages built around CGL, D&O, Tech E&O, and Cyber. 2,6Company-reported. Catalog description; no deal-size, industry, or state restrictions are published for this line.

Founder Shield markets R&W insurance to private equity and other financial sponsors, strategic buyers, corporate sellers divesting a business unit, and family-owned businesses being sold. 12Company-reported. Representations and Warranties Insurance product page.

Coverage Features

Corgi describes the product as protecting buyers or sellers in M&A transactions against financial loss arising from breaches of representations and warranties in a purchase agreement. 2,6Company-reported. One-sentence catalog description; no policy form, insuring agreement, exclusion, retention, or underwriting-diligence requirement is published for this line.

Founder Shield lists financial-statement misstatements, undisclosed tax liabilities, legal or regulatory non-compliance, and undisclosed contracts or leases as the kinds of seller misrepresentations the policy can cover, mostly on the buyer side. 12Company-reported. Product page; the issued policy and declarations control actual coverage.

Limits and Retentions

No limit, retention, or illustrative policy structure is published for Representations and Warranties, unlike Corgi's Tech E&O and Umbrella pages, which show example limits. 2,6Not publicly disclosed. Reviewed pages as of 2026-09-23; limits would appear on an actual quote.

Founder Shield's page does not publish specific limit figures; it says premiums are typically a percentage of the negotiated policy limit, which is set per transaction. 12Not publicly disclosed. Representations and Warranties Insurance product page, checked 2026-09-23.

Risk Services

The reviewed pages do not describe due-diligence support, deal-team access, or other transaction-specific services tied to this line. 2,6Not found in reviewed sources. Homepage and startup-insurance page as read on 2026-09-23.

Not described in the reviewed sources.

How to Apply

Representations and Warranties sits outside Corgi's instant-quote flow; the site groups it with policies quoted in 1-14 days rather than through the self-serve online application used for its core coverages. 2,6Company-reported. Homepage and startup-insurance page policy-card labeling.

You request Founder Shield Representations and Warranties Insurance through Founder Shield's website or an insurance advisor rather than binding coverage directly; Founder Shield says its placement team then approaches carriers on the client's behalf. 13,9Company-reported. About-us and carrier-selection pages describe the general placement process, not a line-specific application form.

Full Comparison

More Corgi vs Founder Shield Comparisons

Other Representations and Warranties Insurance Comparisons

Sources

Corgi

  1. Disclaimers & Licensing. Corgi Insurance; Carrier Financial Strength; How Insurance Is Provided Through Corgi; Specialty Insurance Carrier and Underwriting Disclosures. Accessed 2026-09-23.
  2. Corgi Insurance: Startup Insurance, Quoted in Minutes. Corgi Insurance; Explore Our Main Policies list: "1-14 days turnaround Representations and Warranties" card, same coverage description as the startup-insurance page. Accessed 2026-09-23.
  3. Corgi Insurance Launches Admitted Insurance Carrier. PR Newswire (Corgi press release); Announcement of Corgi Insurance Company, Inc.; planned small-business product classes; guaranty-association eligibility statement. Accessed 2026-09-15.
  4. NAIC Listing of Companies. National Association of Insurance Commissioners; June 2026 listing, numerical entry 17763 P 1 AZ TECHNOLOGY RRG INC. Accessed 2026-09-15.
  5. Insurance Topics: Risk Retention Groups. National Association of Insurance Commissioners; Topic page last updated 13 October 2025: member-owned liability insurers formed under state and federal law; may be formed under a state's captive or traditional insurance laws; domiciled in one state and registered in others; treated as multi-state companies subject to modified NAIC accreditation standards. Accessed 2026-09-15.
  6. Startup Insurance | Corgi Insurance. Corgi Insurance; Specialized Coverages section: "1-14 days turnaround R&W (Representations & Warranties Insurance) — Protects buyers or sellers in M&A transactions against financial loss arising from breaches of representations and warranties in purchase agreements.". Accessed 2026-09-23.

Founder Shield

  1. Founder Shield. Founder Shield; Opening broker description; Specialized Practices; Smart Tech, Smarter People; quote and sign-in links. Accessed 2026-09-15.
  2. Quote Portal. Founder Shield; Public landing screen, Create Account and Sign In links. Accessed 2026-09-15.
  3. How Do You Decide Which Carriers to Approach? Founder Shield; FAQ answer on carrier selection: works exclusively with A-rated (AM Best) carriers, matched by industry appetite. Accessed 2026-09-23.
  4. What If Our Company Grows A Lot or Things Change During the Year? Founder Shield; Carl Niedbala answer, November 25, 2024: operational changes and coverage adjustments. Accessed 2026-09-15.
  5. Claims. Founder Shield; Our Approach; How We Support Claims Management, steps 1–5; Make a claim link. Accessed 2026-09-15.
  6. Representations and Warranties Insurance. Founder Shield; What Is Reps & Warranties Insurance?; Who Needs Reps & Warranties Insurance Coverage?; What Does Reps & Warranties Insurance Cover? Accessed 2026-09-23.
  7. About Us. Founder Shield; “Founder Shield is the innovation arm of The Baldwin Group”; company history and mission. Accessed 2026-09-23.

Representations and Warranties Insurance Guide

  1. Transaction liability insurance | Representation and indemnities insurance. CFC; What are representations and warranties?; Who should buy representation and warranty insurance?; Available to buyers & sellers; Limited seller security; Is transaction liability insurance available to sellers. Accessed 2026-09-16.
  2. Mergers & Acquisitions. Beazley; Product overview: buyer and seller protection for inaccuracies in representations or warranties. Accessed 2026-09-16.

Updated . Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. The comparison applies the same criteria to both providers. Editorial policy. To suggest a correction, contact Spot with the page URL and supporting source.

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