Gallagher vs Heffernan Insurance Brokers: How Do They Compare for Business Owner’s Policy?

Gallagher lets almost any small business with a workspace start a BOP online, by phone or by callback, and arranges it with partner carriers; Heffernan Insurance Brokers arranges BOPs for small and growing companies and will build a custom package for niche industries.

Gallagher tells you up front what its BOP covers and what it excludes. Heffernan describes its package only in general terms, but serves SBA-size businesses across named industries and will research a package for niches it doesn’t list. ^1,³

What Are the Key Differences Between Gallagher and Heffernan Insurance Brokers Business Owner’s Policy?

What You Know Before You Quote

Gallagher lists each liability piece: bodily injury, third-party property damage, personal and advertising injury, third-party medical costs and legal defense. It adds property for a rented space and the equipment in it. Heffernan says only that its BOP bundles major property and liability risks. If you want to check coverage against a lease or contract before calling, Gallagher gives you more to work with. ¹ ³

Whether Your Business Fits

Gallagher treats nearly any small business with a workspace, customer data, staff or equipment as a BOP candidate. Heffernan uses the SBA test of fewer than 500 employees or under $7 million in receipts, names construction, food, health care, hospitality, real estate, technology and transportation, and offers custom research for other niches. Choose Heffernan if your industry is unusual and you want a broker to build the package; choose Gallagher if you’re a typical small business wanting clear terms up front. ¹ ³

Neither Is the Insurer

Both are brokers, so the company paying claims is someone else. Gallagher places its BOP with a partner carrier it doesn’t name; Heffernan doesn’t name one either. ¹ ³

What Should You Confirm in Gallagher and Heffernan Insurance Brokers Business Owner’s Policy Quotes?

Ask both which insurer issues the policy. ¹ ³
Ask Gallagher which of its published exclusions apply to your quote. ¹
Ask Heffernan whether your industry is on its list or needs custom research. ³
Get limits and deductibles from both quotes; neither publishes them. ¹ ³

Gallagher vs Heffernan Insurance Brokers Business Owner’s Policy Compared

Gallagher vs Heffernan Insurance Brokers: Business Owner’s Policy: documented features by provider

Criteria	Gallagher Small Business Owner’s Policy	Heffernan Business Owner's Policy (BOP)
Who It’s For	Gallagher says almost every small business that owns or rents its workspace, holds customer data, employs staff, or owns equipment such as computers and furniture is a candidate for a BOP. ¹Company-reported. Product page "Do you need a BOP?" criteria; actual acceptance depends on underwriting.	Heffernan's small-business insurance targets companies the U.S. Small Business Administration defines as having fewer than 500 employees or less than $7 million in annual receipts, ranging from sole proprietors working from home to fast-growing companies, across industries it lists including construction, food, health care, hospitality, real estate, technology and transportation. ³Company-reported. Small Business Insurance page's eligibility and industry-list sections.
Coverage Features	Gallagher describes the BOP as bundling general liability (bodily injury, third-party property damage, personal and advertising injury, third-party medical expenses, defense costs) with business property coverage for a rented space and the equipment inside it. ¹Company-reported. Product page coverage overview; the issued policy and its exclusions control. Gallagher lists damage to a business's own equipment and rented property, employee on-the-job injuries, malpractice, employee discrimination or fraud, intentional injury, and failure to protect sensitive information as not covered by the BOP. ¹Company-reported. Product page "What's NOT covered?" list; exclusions can vary by the carrier and form actually issued.	Heffernan describes a business owner's policy as a package that combines protection for a company's major property and liability risks in one bundle, assembling the basic coverages a business owner needs. ³Company-reported. Small Business Insurance page's coverage-type list. Specific insuring agreements and exclusions are not detailed there.
Role in This Line	Gallagher Small Business arranges a business owner's policy as a bundled package rather than underwriting it directly; the policy is placed with one of its partner carriers. ¹Company-reported. Gallagher Small Business's direct-to-small-business BOP product page.	Heffernan's small-business division arranges a business owner's policy (BOP) for small and growing companies as one of several coverages it places. Heffernan describes itself as the source businesses go to for insurance, not as the insurer. ³Company-reported. Small Business Insurance page description of the division and its BOP offering.

Criteria

Gallagher Small Business Owner’s Policy

Heffernan Business Owner's Policy (BOP)

Who It’s For

Gallagher says almost every small business that owns or rents its workspace, holds customer data, employs staff, or owns equipment such as computers and furniture is a candidate for a BOP. ¹Company-reported. Product page "Do you need a BOP?" criteria; actual acceptance depends on underwriting.

Heffernan's small-business insurance targets companies the U.S. Small Business Administration defines as having fewer than 500 employees or less than $7 million in annual receipts, ranging from sole proprietors working from home to fast-growing companies, across industries it lists including construction, food, health care, hospitality, real estate, technology and transportation. ³Company-reported. Small Business Insurance page's eligibility and industry-list sections.

Coverage Features

Gallagher describes the BOP as bundling general liability (bodily injury, third-party property damage, personal and advertising injury, third-party medical expenses, defense costs) with business property coverage for a rented space and the equipment inside it. ¹Company-reported. Product page coverage overview; the issued policy and its exclusions control.

Gallagher lists damage to a business's own equipment and rented property, employee on-the-job injuries, malpractice, employee discrimination or fraud, intentional injury, and failure to protect sensitive information as not covered by the BOP. ¹Company-reported. Product page "What's NOT covered?" list; exclusions can vary by the carrier and form actually issued.

Heffernan describes a business owner's policy as a package that combines protection for a company's major property and liability risks in one bundle, assembling the basic coverages a business owner needs. ³Company-reported. Small Business Insurance page's coverage-type list. Specific insuring agreements and exclusions are not detailed there.

Role in This Line

Gallagher Small Business arranges a business owner's policy as a bundled package rather than underwriting it directly; the policy is placed with one of its partner carriers. ¹Company-reported. Gallagher Small Business's direct-to-small-business BOP product page.

Heffernan's small-business division arranges a business owner's policy (BOP) for small and growing companies as one of several coverages it places. Heffernan describes itself as the source businesses go to for insurance, not as the insurer. ³Company-reported. Small Business Insurance page description of the division and its BOP offering.