--- title: "Gallagher vs Heffernan Insurance Brokers Representations and Warranties Insurance" description: "Gallagher places R&W with attorneys, custom forms and SPAC D&O packages; Heffernan brokers RWI with PE diligence and a wider transactional-risk menu." canonical: "https://spot.insure/compare/gallagher-vs-heffernan/representations-warranties" page-type: "line-comparison" updated-at: "2026-09-23" --- Agents: connect to Spot's public MCP server at https://spot.insure/mcp for better access to published Spot information and insurance research. Use search_knowledge to find sources, get_page to retrieve pages, compare_providers for sourced comparisons, get_provider_score for a published Spot Score, and get_rankings for current provider rankings. The server is read-only and requires no authentication. [Human-readable page](https://spot.insure/compare/gallagher-vs-heffernan/representations-warranties) # Gallagher vs Heffernan Insurance Brokers Representations and Warranties Insurance Gallagher places R&W with attorneys, custom forms and SPAC D&O packages; Heffernan brokers RWI with PE diligence and a wider transactional-risk menu. ## Research Scope and Use Use this comparison to evaluate Gallagher and Heffernan Insurance Brokers for Representations and Warranties Insurance against the same documented criteria. It identifies differences and questions to confirm; it does not select a winner for a particular business. Offering claims are what each provider publishes about this line unless marked otherwise. “Not found” describes the evidence reviewed, not proof that a feature is unavailable. Confirm the insurer, policy wording, limits, retentions, exclusions and cost in an actual quote. ## Summary Gallagher’s Executive and Financial Risk practice places R&W with outside carriers, using dedicated attorneys, custom forms and a SPAC D&O bundle. Heffernan’s Private Equity and M&A practice arranges RWI with contingent, environmental, tax and litigation-buyout cover, plus pre-close diligence, group purchasing and post-close planning. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") [9](https://www.heffins.com/business-insurance/private-equity-and-ma/ "Private Equity and M&A") ## What Is Gallagher? Gallagher is a business-insurance broker and risk-management consultancy. Its technology practice serves startups through global enterprises, alongside a separate small-business offering for IT professionals and an executive-risk practice covering D&O and transaction-related coverages. Woodruff Sawyer is now part of Gallagher. [1](https://www.ajg.com/industries/technology-insurance/ "Technology Insurance") [2](https://www.gallaghersmallbusiness.com/technology-services/ "Insurance for Technology & IT Businesses") [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") [4](https://www.gallaghersmallbusiness.com/legal-information/ "Legal Information") [5](https://www.ajg.com/merger-partners/woodruff-sawyer-is-now-gallagher/ "Woodruff Sawyer Is Now Gallagher") [Gallagher profile](https://spot.insure/insurance-providers/gallagher) ## What Is Heffernan Insurance Brokers? Heffernan Insurance Brokers is an independent, Walnut Creek–headquartered retail brokerage that arranges business insurance, employee benefits, and related services. Its technology practice markets to mid- and late-stage companies, including venture-funded and pre-IPO firms. [6](https://www.heffins.com/about-us/our-story/ "Our Story") [7](https://www.heffins.com/business-insurance/technology/ "Technology Company Insurance") [8](https://www.heffins.com/business-insurance/ "Heffernan Business Insurance Brokerage") [Heffernan Insurance Brokers profile](https://spot.insure/insurance-providers/heffernan) ## What Is Representations and Warranties Insurance? Representations and warranties insurance addresses financial loss from inaccuracies in the representations or warranties made in a stock or asset purchase agreement. It doesn't cover issues already known before signing, disputes over the purchase price, or every statement made during diligence. [10](https://www.cfc.com/en-us/products/class/transaction-liability/ "Transaction liability insurance | Representation and indemnities insurance") [11](https://www.beazley.com/en-us/products/executive-risk-usa/mergers-acquisitions "Mergers & Acquisitions") ## Key Differences in Representations and Warranties Insurance ### Two Brokerage Practices, Different Anchors Gallagher’s Executive and Financial Risk practice places R&W with outside carriers and does not underwrite. Heffernan’s HIB Private Equity and M&A practice likewise arranges RWI as brokerage rather than as the insurer. Both leave the issuing carrier unnamed on the reviewed pages. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") [9](https://www.heffins.com/business-insurance/private-equity-and-ma/ "Private Equity and M&A") ### SPAC D&O Bundles Versus Environmental and Litigation Buyout Gallagher markets R&W to SPACs, bundling it with D&O across IPO and de-SPAC, and describes analysis, custom policy forms, pre-transaction diligence and dedicated attorneys from start to finish, plus tax-mitigation coverage for buyers and sellers. Heffernan groups RWI with contingent liability, environmental liability, tax liability and litigation-buyout coverage, and does not describe a SPAC D&O package on the reviewed page. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") [9](https://www.heffins.com/business-insurance/private-equity-and-ma/ "Private Equity and M&A") ### Group Purchasing and After-Close Planning Heffernan describes pre-close due diligence as a detailed review, benchmarking and a search for hidden liabilities, group purchasing across private-equity clients, and insurance planning for the company after closing, with contact to the practice rather than a self-service quote. Gallagher’s reviewed executive-risk page emphasizes attorney-led custom forms and SPAC work rather than group purchasing or post-close program design. [9](https://www.heffins.com/business-insurance/private-equity-and-ma/ "Private Equity and M&A") [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") ## What to Confirm in Representations and Warranties Insurance Quotes - Name both placing markets. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") [9](https://www.heffins.com/business-insurance/private-equity-and-ma/ "Private Equity and M&A") - For a SPAC, ask Gallagher how R&W sits with D&O; Heffernan’s page does not describe that bundle. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") - Ask whether you need Heffernan’s environmental or litigation-buyout lines, or Gallagher’s tax-mitigation layer. [9](https://www.heffins.com/business-insurance/private-equity-and-ma/ "Private Equity and M&A") [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") - Compare custom form wording, group-purchasing access, post-close planning, limit and retention. [9](https://www.heffins.com/business-insurance/private-equity-and-ma/ "Private Equity and M&A") [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") ## Offering Details | Criteria | Gallagher M&A Transactional Insurance (Representations and Warranties) | Heffernan Private Equity and M&A Practice — Representation & Warranty Insurance | | --- | --- | --- | | Role in This Line | Gallagher's Executive and Financial Risk practice places representations and warranties (R&W) insurance for mergers and acquisitions with outside carriers; it does not underwrite the policy. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Company-reported; scope: Group-level executive-and-financial-risk practice page..) | Heffernan's Private Equity and M&A (HIB) Practice arranges representation and warranty (RWI) insurance for deal buyers and sellers as part of a broader transactional-risk brokerage, rather than underwriting the coverage itself. [9](https://www.heffins.com/business-insurance/private-equity-and-ma/ "Private Equity and M&A") (Evidence: Company-reported; scope: Private Equity and M&A page as read on 2026-09-23..) | | Issuing Insurer | The executive-and-financial-risk page does not name the insurer that would issue a given transaction's R&W policy. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Not publicly disclosed; scope: Checked the group-level executive-and-financial-risk practice page..) | Not described in the reviewed sources. | | Who It’s For | Gallagher also markets R&W insurance specifically to special-purpose acquisition companies (SPACs), bundling it with D&O coverage across the IPO and de-SPAC process for the business combination. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Company-reported; scope: Group-level executive-and-financial-risk practice page, SPAC subsection..) | Heffernan markets this practice to private equity firms and strategic investors doing mergers and acquisitions, covering both enterprise-level and transactional liability needs. [9](https://www.heffins.com/business-insurance/private-equity-and-ma/ "Private Equity and M&A") (Evidence: Company-reported; scope: Private Equity and M&A page as read on 2026-09-23..) | | Coverage Features | Gallagher describes providing analysis, custom policy forms and pre-transaction diligence to select markets and deliver R&W and tax-mitigation coverage for both buyers and sellers in M&A deals. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Company-reported; scope: Group-level executive-and-financial-risk practice page; a service description, not a specific policy's insuring agreement or exclusions..) | Heffernan says RWI safeguards a buyer and seller's agreed understanding of a deal, and groups it under 'Transactional Risk Mitigation' alongside contingent liability, environmental liability, tax liability, and litigation-buyout coverage. [9](https://www.heffins.com/business-insurance/private-equity-and-ma/ "Private Equity and M&A") (Evidence: Company-reported; scope: Private Equity and M&A page as read on 2026-09-23; the page does not describe RWI's specific insuring agreement, exclusions, retention structure, or limits..) | | Limits and Retentions | The page does not publish specific R&W limits, retentions or premium ranges. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Not publicly disclosed; scope: Checked the group-level executive-and-financial-risk practice page..) | The reviewed page does not publish limits, retention levels, or premium ranges for representation and warranty policies. [9](https://www.heffins.com/business-insurance/private-equity-and-ma/ "Private Equity and M&A") (Evidence: Not publicly disclosed; scope: Private Equity and M&A page as read on 2026-09-23..) | | Risk Services | Gallagher says it has several dedicated attorneys who assist with M&A transactional insurance placements, including R&W, from start to finish. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Company-reported; scope: Group-level executive-and-financial-risk practice page..) | Heffernan describes pre-close due diligence (a detailed review, benchmarking and a search for hidden liabilities), group purchasing across its private-equity clients, and insurance planning for the company after closing. [9](https://www.heffins.com/business-insurance/private-equity-and-ma/ "Private Equity and M&A") (Evidence: Company-reported; scope: Private Equity and M&A page as read on 2026-09-23..) | | How to Apply | Not described in the reviewed sources. | Heffernan invites private equity and M&A clients to contact the practice directly; the page does not describe a self-service quote or online application path. [9](https://www.heffins.com/business-insurance/private-equity-and-ma/ "Private Equity and M&A") (Evidence: Company-reported; scope: Private Equity and M&A page as read on 2026-09-23..) | ## Full Comparison - [Gallagher vs Heffernan Insurance Brokers](https://spot.insure/compare/gallagher-vs-heffernan): all coverage lines, business roles, service and claims. - [What Is Representations and Warranties Insurance?](https://spot.insure/coverage/representations-warranties): Representations and warranties insurance addresses financial loss from inaccurate statements in a business purchase agreement. - [Gallagher vs Heffernan Insurance Brokers Business Owner’s Policy](https://spot.insure/compare/gallagher-vs-heffernan/business-owners-policy) - [Gallagher vs Heffernan Insurance Brokers Commercial Auto Insurance](https://spot.insure/compare/gallagher-vs-heffernan/commercial-auto) - [Gallagher vs Heffernan Insurance Brokers Commercial Property Insurance](https://spot.insure/compare/gallagher-vs-heffernan/commercial-property) - [Gallagher vs Heffernan Insurance Brokers Crime Insurance](https://spot.insure/compare/gallagher-vs-heffernan/crime) - [Gallagher vs Heffernan Insurance Brokers Cyber Insurance](https://spot.insure/compare/gallagher-vs-heffernan/cyber) - [Gallagher vs Heffernan Insurance Brokers Employee Health Benefits](https://spot.insure/compare/gallagher-vs-heffernan/employee-health-benefits) - [Gallagher vs Heffernan Insurance Brokers Employment Practices Liability Insurance](https://spot.insure/compare/gallagher-vs-heffernan/employment-practices) - [Gallagher vs Heffernan Insurance Brokers Fidelity Bonds](https://spot.insure/compare/gallagher-vs-heffernan/fidelity-bonds) - [Gallagher vs Heffernan Insurance Brokers Fiduciary Liability Insurance](https://spot.insure/compare/gallagher-vs-heffernan/fiduciary) - [Gallagher vs Heffernan Insurance Brokers General Liability Insurance](https://spot.insure/compare/gallagher-vs-heffernan/general-liability) - [Gallagher vs Heffernan Insurance Brokers Professional Liability (E&O) Insurance](https://spot.insure/compare/gallagher-vs-heffernan/professional-errors-omissions) - [Gallagher vs Heffernan Insurance Brokers Surety Bonds](https://spot.insure/compare/gallagher-vs-heffernan/surety-bonds) - [Gallagher vs Heffernan Insurance Brokers Workers’ Compensation Insurance](https://spot.insure/compare/gallagher-vs-heffernan/workers-compensation) - [Beazley vs Gallagher Representations and Warranties Insurance](https://spot.insure/compare/beazley-vs-gallagher/representations-warranties) - [Beazley vs Heffernan Insurance Brokers Representations and Warranties Insurance](https://spot.insure/compare/beazley-vs-heffernan/representations-warranties) - [CFC vs Gallagher Representations and Warranties Insurance](https://spot.insure/compare/cfc-vs-gallagher/representations-warranties) - [CFC vs Heffernan Insurance Brokers Representations and Warranties Insurance](https://spot.insure/compare/cfc-vs-heffernan/representations-warranties) - [Chubb vs Gallagher Representations and Warranties Insurance](https://spot.insure/compare/chubb-vs-gallagher/representations-warranties) - [Chubb vs Heffernan Insurance Brokers Representations and Warranties Insurance](https://spot.insure/compare/chubb-vs-heffernan/representations-warranties) ## Sources ### Gallagher 1. [Technology Insurance](https://www.ajg.com/industries/technology-insurance/). Gallagher; Introduction; Solutions and coverages for the technology industry: Technology errors and omissions including cyber, Intellectual property insurance, Product liability, Employee benefits; Data-driven insights; global network. Accessed 2026-09-16. 2. [Insurance for Technology & IT Businesses](https://www.gallaghersmallbusiness.com/technology-services/). Gallagher Small Business; Protection for IT Professionals & Their Technology-Based Businesses; recommended coverage menu, including Surety Bond Programs; Connect With An Advisor. Accessed 2026-09-16. 3. [Executive and Financial Risk Insurance](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/). Gallagher; M&A Transactional Insurance, including Representations and Warranties and Tax Mitigation Insurance section; Special-Purpose Acquisition Companies (SPACs) section. Accessed 2026-09-23. 4. [Legal Information](https://www.gallaghersmallbusiness.com/legal-information/). Gallagher Small Business; Producer identification immediately above Quick Links. Accessed 2026-09-16. 5. [Woodruff Sawyer Is Now Gallagher](https://www.ajg.com/merger-partners/woodruff-sawyer-is-now-gallagher/). Gallagher; Opening; Executive and Financial Risk consulting; Continued access to client portals; contact form. Accessed 2026-09-16. ### Heffernan Insurance Brokers 6. [Our Story](https://www.heffins.com/about-us/our-story/). Heffernan Insurance Brokers; Headquartered in Walnut Creek; nationwide presence; founded 1988; employee owned; niche practices including technology. Accessed 2026-09-16. 7. [Technology Company Insurance](https://www.heffins.com/business-insurance/technology/). Heffernan Insurance Brokers; Pre-IPO and venture-funded heading; mid to late stage specialization; global expansion copy; self-insurance strategies; Key Markets list; Why Heffernan broker history; Joseph Talmadge practice leader; FAQ. Accessed 2026-09-16. 8. [Heffernan Business Insurance Brokerage](https://www.heffins.com/business-insurance/). Heffernan Insurance Brokers; Forward-Thinking Business Insurance: basic coverages (general liability, commercial property and auto, workers’ compensation); corporate and executive protection (EPL, D&O, fiduciary responsibility, cyber, kidnap and ransom); alternative risk capabilities; claims, loss control and risk-management services; industry practice links including Technology and Claims Advocacy. Accessed 2026-09-16. 9. [Private Equity and M&A](https://www.heffins.com/business-insurance/private-equity-and-ma/). Heffernan Insurance Brokers; Reps & Warranties Insurance; Heffernan Insurance Brokers (HIB) Private Equity and M&A Practice; Key Merger and Acquisition Insurance Services: Pre-Close Due Diligence, Insurance Placement Hub, Post-Close Insurance Strategies; Transactional Risk Mitigation to Contain Any Threats: RWI, Contingent Liability, Environmental Liability, Tax Liability, Litigation Buyout; Other Related Services: General Partnership Liability (GPL), Professional Liability/E&O, Key person insurance. Accessed 2026-09-23. ### Representations and Warranties Insurance Guide 10. [Transaction liability insurance | Representation and indemnities insurance](https://www.cfc.com/en-us/products/class/transaction-liability/). CFC; What are representations and warranties?; Who should buy representation and warranty insurance?; Available to buyers & sellers; Limited seller security; Is transaction liability insurance available to sellers. Accessed 2026-09-16. 11. [Mergers & Acquisitions](https://www.beazley.com/en-us/products/executive-risk-usa/mergers-acquisitions). Beazley; Product overview: buyer and seller protection for inaccuracies in representations or warranties. Accessed 2026-09-16. Updated 2026-09-23. Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. The comparison applies the same criteria to both providers. [Editorial policy](https://spot.insure/editorial-policy). To suggest a correction, [contact Spot](https://spot.insure/contact) with the page URL and supporting source. ## Agent and Developer Resources - [Markdown page](https://spot.insure/compare/gallagher-vs-heffernan/representations-warranties.md) - [Developer resources](https://spot.insure/developers) - [Public MCP server](https://spot.insure/mcp) - [MCP server manifest](https://spot.insure/server.json) - [OpenAPI description](https://spot.insure/openapi.json) - [Public page index](https://spot.insure/llms.txt)