Gallagher vs Newfront Representations and Warranties Insurance

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. ³Company-reported. Group-level executive-and-financial-risk practice page.

Newfront places representations and warranties (R&W) insurance through its Private Equity & Transaction Advisory Group, which it describes as operating as "an extension of your deal-team" during M&A transactions. Newfront brokers R&W coverage; it does not underwrite it. ¹⁰Company-reported. Mergers & Acquisitions page's Transaction liability paragraph.

The executive-and-financial-risk page does not name the insurer that would issue a given transaction's R&W policy. ³Not publicly disclosed. Checked the group-level executive-and-financial-risk practice page.

Newfront says it has relationships with transaction liability insurers but does not name an R&W carrier. As a broker, the insurer varies by deal. ¹⁰Not publicly disclosed. Mergers & Acquisitions page's Subject matter expertise section.

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. ³Company-reported. Group-level executive-and-financial-risk practice page, SPAC subsection.

Newfront markets R&W insurance to clients executing mergers and acquisitions, working alongside private-equity deal teams; the reviewed page does not set a minimum deal size or industry restriction. ¹⁰Company-reported. Mergers & Acquisitions page; a practice-wide description, not a stated R&W-specific eligibility threshold.

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. ³Company-reported. Group-level executive-and-financial-risk practice page; a service description, not a specific policy's insuring agreement or exclusions.

Newfront describes R&W insurance as protecting clients "across unknown risks" arising from a transaction, distinguishing it from the tax insurance and contingent-liability insurance the same team also places for "hard-to-place transaction risks." The reviewed page does not describe R&W policy exclusions, retention structure or claims-made terms. ¹⁰Company-reported. Mergers & Acquisitions page's Transaction liability paragraph; general description, not a policy form summary.

The page does not publish specific R&W limits, retentions or premium ranges. ³Not publicly disclosed. Checked the group-level executive-and-financial-risk practice page.

Published limits, retentions or premium rates for R&W coverage were not found on the reviewed page. ¹⁰Not publicly disclosed. Mergers & Acquisitions page as read on 2026-09-23; limits and pricing are deal-specific for broker placements.

Gallagher says it has several dedicated attorneys who assist with M&A transactional insurance placements, including R&W, from start to finish. ³Company-reported. Group-level executive-and-financial-risk practice page.

Newfront says its due-diligence professionals "operate on deal-time identifying key risk exposures, mitigation solutions, and cost-savings opportunities," and that its technology and data-analytics capabilities support the M&A insurance team's work, including transaction-liability placement. ¹⁰Company-reported. Mergers & Acquisitions page's Due diligence and Technology & data-driven results sections; describes the M&A practice generally, not R&W-exclusive services.

Not described in the reviewed sources.

You engage Newfront's Private Equity & Transaction Advisory Group for R&W placement by requesting a consultation, which asks for your industry, company details and the service you need rather than issuing an instant quote. ¹¹Company-reported. General consultation intake, not an R&W-specific application path.