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

Travelers insures D&O for private, public, nonprofit, and financial organizations through independent agents; Corgi sells a startup policy online with illustrative per-claim and total limits.

Corgi sells startup D&O online, with sample limits of $1 million per claim and $2 million aggregate. Travelers sells D&O only through independent agents, to private and public companies, financial institutions and nonprofits, with a dedicated nonprofit version. ^1,²

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

Self-Serve Startup Policy vs Agent-Sold Policy for Any Organization

Corgi sells a standalone startup D&O policy or a pre-seed and seed package through a self-serve quote, with a $25,000 retention (none on Side A), defense costs inside the limit and optional endorsements. ¹ Travelers sells D&O standalone or with other management-liability coverage in its Management & Professional Liability line, and you buy it through a Travelers independent agent. It publishes no limits, retentions or premiums. ² Choose Corgi if you're a pre-seed or seed startup that wants to buy online and see sample terms first; choose Travelers if you're a public company, financial institution or nonprofit, or already work with an independent agent. ¹ ²

What Each Policy Is Built Around

Corgi's policy splits cover into Sides A, B and C, excludes claims tied to registered public offerings but carves back exempt raises such as Regulation D, and covers individuals responding to a Wells Notice (an SEC warning of possible charges) while excluding regulatory investigations of the company. ¹ Travelers says its D&O pays defense costs and settlements when employees, vendors, customers or others sue your directors and officers over securities, regulatory or fiduciary-duty allegations. Its claim examples run from roughly $85,000 to over $1 million, which is a useful guide when you pick a limit. ²

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

Corgi's policy is claims-made and issued by Technology Risk Retention Group, Inc., a risk retention group; confirm it's available in your state. ¹
Ask Travelers which company in its group (Travelers Casualty and Surety Company of America or an affiliate) would issue your policy, and whether you're quoting the nonprofit form. ²
Get Travelers' limits and retentions in writing and compare them with Corgi's sample $1 million/$2 million. ² ¹
If you're raising through an exempt offering, confirm the Regulation D carve-back is on Corgi's quoted policy. ¹

Corgi vs Travelers D&O Insurance Compared

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

Criteria	Corgi Directors & Officers (D&O)	Travelers Directors & Officers (D&O) Liability Insurance
How to Apply	You can request a D&O quote online through Corgi's self-serve application. ¹Company-reported. Product page quote call to action.	D&O coverage is bought through a Travelers independent agent. ²Company-reported. Product page "Find an insurance agent" call to action.
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.	Travelers says D&O insurance protects directors and officers from personal losses if sued by employees, vendors, customers or other parties, covering defense costs, settlements and other costs from wrongful-act allegations such as securities litigation, regulatory actions and breach-of-fiduciary-duty claims. ²Company-reported. Product page introduction and "Travelers knows Directors & Officers Liability Insurance" section; exact terms and exclusions are set by the issued policy.
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.	Travelers underwrites D&O liability insurance as part of its Management & Professional Liability line, sold standalone or alongside other management liability coverages. ²Company-reported. Product page general framing; confirmed against the broader Management and Professional Liability Insurance 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 product page's video disclosures name Travelers Casualty and Surety Company of America and its property casualty affiliates; the specific issuing entity for a given policy can vary. ²Company-reported. Product page video legal footer.