Corgi vs Vouch D&O Insurance

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. ⁶Company-reported. Product page for form CORG-DO-0100, last reviewed by Corgi on April 24, 2026 per the page itself.

Vouch is a broker, not an insurer, for D&O coverage. It lists D&O among the core coverages it places for technology clients, and one of its named program partners, Corix, has a dedicated management liability product that includes D&O. ^11,12Company-reported. Vouch's Technology page and Corix's management liability product page.

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. ⁶Company-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.

Corix's disclosures say its proprietary products, including its management liability line, are issued by State National Insurance Company or United Specialty Insurance Company. That names an insurer for Corix-branded D&O products specifically, not for every Vouch D&O placement. ¹³Company-reported. Corix disclosures page.

Not described in the reviewed sources.

Vouch markets D&O to technology companies from early-stage through IPO, saying programs are designed to build investor confidence and support long-term growth plans; Corix separately markets management liability, including D&O, to private and small-to-low-middle-market businesses, not only public companies. ^11,12Company-reported. Vouch's Technology page and Corix's management liability page.

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. ⁶Company-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. ⁶Company-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. ⁶Company-reported. Policy notes for form CORG-DO-0100; informal inquiries and document requests that don't rise to these triggers are not covered.

Corix says its management liability coverage is meant to preserve corporate and personal assets against allegations from stakeholders, employees, competitors or regulators, and to fund a defense so leaders and the business can respond to claims without exhausting cash flow, even when a claim is ultimately dismissed. ¹²Company-reported. Corix's management liability product page; actual insuring agreements and exclusions are set by the issued policy.

Corgi's illustrative D&O structure shows limits up to $1 million per claim and $2 million in the aggregate, with a $25,000 self-insured retention per claim (no retention on Side A) and defense costs included within the limit. ⁶Company-reported. Illustrative policy structure on the product page; actual limits and retentions appear on the declarations.

Neither the Vouch nor the Corix pages publish D&O policy limits or retentions. ^11,12Not publicly disclosed. Pages checked on 2026-09-23.

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). ⁶Company-reported. Available Add-ons section of the product page; endorsement availability varies by jurisdiction and underwriting, and each requires a separate endorsement to apply.

Not described in the reviewed sources.

You can request a D&O quote online through Corgi's self-serve application. ⁶Company-reported. Product page quote call to action.

Corix's management liability product page offers a downloadable application and directs brokers to start an appointment process; Vouch's own site routes prospective buyers to its online "Get Started" application flow. ^12,11Company-reported. Corix product page and Vouch site navigation.