Corgi vs Gallagher: How Do They Compare for D&O Insurance?

Gallagher places D&O for IPO and blank-check merger programs and has a dedicated claims advocacy team; Corgi sells startup D&O online with example limits up to $1 million per claim and $2 million total.

Corgi sells pre-seed and seed startups a self-serve D&O policy with illustrative $1 million per-claim and $2 million aggregate limits; Gallagher builds D&O programs for SPACs and companies going public, with in-house claims attorneys. ^1,²

What Are the Key Differences Between Corgi and Gallagher D&O Insurance?

Early-Stage Online Policy vs Going-Public Program

Corgi sells D&O on its own or inside stage-based packages starting at pre-seed, and you request a quote online. Gallagher places D&O for SPACs through IPO and de-SPAC and for companies going public by IPO or direct listing, bundling it with representations and warranties, E&O, cyber and tax coverage at each stage. Choose Corgi if you're a pre-seed or seed startup raising privately; choose Gallagher if you're preparing to go public or merging with a SPAC. ¹ ²

Published Limits vs Custom Towers

Corgi shows $1 million per claim and $2 million aggregate, a $25,000 retention (none on Side A), and defense costs inside the limit, so legal bills reduce what's left for a settlement. Gallagher publishes no limits; it builds layered programs, benchmarks how much Side A-only coverage to buy, and gives you in-house claims attorneys. ¹ ²

What Should You Confirm in Corgi and Gallagher D&O Insurance Quotes?

Ask Corgi whether your fundraising qualifies for its carve-back for exempt offerings such as Regulation D. ¹
Corgi's policy is written by Technology Risk Retention Group, a risk retention group; ask what that means for protection if the insurer fails. ¹
Ask Gallagher which carriers it will approach and whether the proposal includes a Side A-only layer. ²

Corgi vs Gallagher D&O Insurance Compared

Corgi vs Gallagher: D&O Insurance: documented features by provider

Criteria	Corgi Directors & Officers (D&O)	Gallagher Directors and Officers (D&O) Liability Insurance
Coverage Features	The policy has three coverage parts: Side A pays individual directors and officers directly when the company cannot indemnify them and carries no retention; Side B reimburses the company when it does indemnify directors and officers; Side C covers the company entity itself, subject to additional exclusions including intellectual-property claims and contractual liability. ¹Company-reported. Coverage summary for form CORG-DO-0100; the issued policy and declarations control. The standard policy excludes claims from registered public securities offerings, but a carve-back preserves coverage for exempt transactions such as Regulation D private placements, which Corgi says covers how most startups raise capital. ¹Company-reported. Scenario notes for form CORG-DO-0100; not every fundraising structure automatically qualifies as exempt. Corgi covers individual directors and officers (Sides A and B) who receive a Wells Notice, subpoena or target letter from a regulator, but the standard policy excludes entity-level regulatory investigations of the company itself. ¹Company-reported. Policy notes for form CORG-DO-0100; informal inquiries and document requests that don't rise to these triggers are not covered.	Gallagher says its D&O team constructs policies addressing lawsuits from shareholders, employees, competitors, suppliers and government bodies, and can evaluate an existing D&O program against the market. ²Company-reported. Group-level executive-and-financial-risk practice page; a service description, not a specific policy's insuring agreement.
Role in This Line	Corgi sells D&O as a standalone startup policy and also bundles it into its stage-based packages starting at pre-seed and seed, describing it as protection for directors and officers against personal financial liability for management decisions. ¹Company-reported. Product page for form CORG-DO-0100, last reviewed by Corgi on April 24, 2026 per the page itself.	Gallagher's Executive and Financial Risk practice places D&O liability insurance and advises on program design; it does not underwrite the policy, which is issued by a carrier selected during placement. ²Company-reported. Group-level executive-and-financial-risk practice page.
Issuing Insurer	Corgi's D&O product page states directly that the policy is a claims-made policy underwritten by Technology Risk Retention Group, Inc., a risk retention group. ¹Company-reported. Policy Boundaries section of the D&O product page; this is a line-specific underwriter statement, distinct from Corgi's general multi-entity disclaimer.	The executive-and-financial-risk page does not name the insurer that would issue a given client's D&O policy; it says Gallagher weighs carrier qualifications and performance data alongside a client's own insurer history and preferences when deciding which carriers to approach. ²Company-reported. Group-level executive-and-financial-risk practice page.
Risk Services	Corgi offers three optional D&O endorsements: Outside Directorship (extends coverage to directors and officers serving on outside boards at the company's request), Crisis Event Expense (covers PR and crisis-communications costs after negative publicity), and Investigative Costs (broader coverage for regulatory inquiries short of a formal claim). ¹Company-reported. Available Add-ons section of the product page; endorsement availability varies by jurisdiction and underwriting, and each requires a separate endorsement to apply.	For SPACs and IPOs, Gallagher describes bundling D&O coverage before and after the IPO with related lines such as representations and warranties, E&O, cyber, tax and contingent liability coverage, plus risk-management and claims support at each stage. ²Company-reported. Group-level executive-and-financial-risk practice page, SPAC subsection.