Corgi vs 
Lockton: How Do They Compare for Representations and Warranties Insurance?
Corgi quotes R&W in 1–14 days outside its instant online flow; Lockton places RWI through former M&A lawyers and transaction advisors, with dedicated claims experts after a policy is bound.
Lockton puts former M&A lawyers on your deal around the clock and keeps dedicated claims experts on it after closing; Corgi lists R&W as a specialty quote taking 1 to 14 days, but describes no deal support, claims help or insurer. 2,1,4
What Are the Key Differences Between Corgi and Lockton Representations and Warranties Insurance?
Deal Team vs a Catalog Listing
Lockton is a broker that staffs RWI placements with former M&A lawyers and transaction advisors, using a Partner/Associate model that it says covers every deal 24/7. Corgi lists R&W for buyers or sellers as a specialty coverage quoted in 1 to 14 days, outside its instant-quote products. On what the pages show, Lockton is the stronger choice for a live M&A deal; Corgi is an option only if you already buy other cover from it. 2 4
What the Policy Does for Each Side
Lockton explains that RWI can replace or reduce seller indemnity or escrow: sellers get proceeds faster and less exposure after closing, and buyers get broader protection, faster negotiation and no need to sue a seller who stays on. Corgi's page does not explain how its R&W fits the deal. 4 1
Claims Help After Closing
Lockton keeps dedicated transaction-liability claims experts on the deal after binding and says it has helped clients settle hundreds of millions of dollars of RWI claims. Corgi describes no claims handling for this line. 4 1
What Should You Confirm in Corgi and Lockton Representations and Warranties Insurance Quotes?
- Ask both which insurer would issue the policy; neither names one. 4 3
- Decide whether the policy replaces escrow or sits beside a smaller seller indemnity. 4
- Ask Corgi who handles a claim notice after closing. 4 1
- Check that Corgi's 1 to 14 day quote window fits your signing date, and get limit and retention from both. 2 4
Corgi vs Lockton Representations and Warranties Insurance Compared
Corgi vs Lockton: Representations and Warranties Insurance: documented features by provider
| Criteria | Corgi Representations and Warranties Insurance | Lockton Representations & Warranties Insurance (RWI) |
|---|---|---|
| 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. 2,1Company-reported. Catalog description; no deal-size, industry, or state restrictions are published for this line. | Lockton frames RWI benefits separately for sellers (faster access to sale proceeds, reduced post-closing exposure, avoiding a guarantee) and buyers (broader protection, faster negotiation, avoiding conflicts in deals with meaningful seller participation), meaning both sides of an M&A transaction are the intended buyers of the product. 4Company-reported. RWI product page as read 2026-09-23. |
| 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. 2,1Company-reported. One-sentence catalog description; no policy form, insuring agreement, exclusion, retention, or underwriting-diligence requirement is published for this line. | Lockton describes RWI as a policy used to replace or bolster a seller indemnity or escrow in an M&A transaction, under which an insurer indemnifies the buyer for losses from an unknown breach of a representation or warranty in the deal agreement. 4Company-reported. RWI product page as read 2026-09-23. General description of how the product functions, not a specimen policy. |
| 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. 2,1Company-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. | Lockton's RWI Practice is staffed with former M&A lawyers and transaction advisors who Lockton says use a Partner/Associate model on every deal to provide 24/7 coverage; Lockton places RWI policies rather than underwriting them. 4Company-reported. RWI product page as read 2026-09-23. |
