Gallagher vs Relm Insurance: How Do They Compare for D&O Insurance?

Gallagher's Executive and Financial Risk practice builds D&O programs, while Relm Insurance targets fast-changing industries and sells its D&O coverage through brokers.

Gallagher suits companies going public: it places D&O around SPACs, IPOs and direct listings and backs you with in-house claims attorneys. Relm writes custom D&O for Web3, biotech and AI companies, sold only through brokers, with no published claims support. ^1,²

What Are the Key Differences Between Gallagher and Relm Insurance D&O Insurance?

Going-Public Broker vs a Market for Frontier Sectors

Gallagher's Executive and Financial Risk practice places D&O for SPACs through IPO and de-SPAC and for companies listing by IPO or direct listing, bundling pre- and post-IPO D&O with representations and warranties, E&O, cyber and tax cover. Relm is a market your broker uses: it writes custom D&O for Web3 founders, biotech leaders and AI pioneers and has no direct quote. Choose Gallagher if you're preparing to go public; choose Relm, through your broker, if you're a private Web3, biotech or AI company. ¹ ²

Claims Attorneys vs No Stated Support

Gallagher has a claims-advocacy team with in-house attorneys and benchmarks how much Side A-only cover companies like you buy. Relm's page describes what D&O pays for (legal fees, settlements, losses from claims by shareholders, regulators, competitors or employees) but no claims, risk or governance services. ¹ ²

What Should You Confirm in Gallagher and Relm Insurance D&O Insurance Quotes?

Ask Gallagher which carriers it will approach for your listing-stage program and what limits it proposes. ¹
Ask your broker which company issues a Relm policy and whether a fronting insurer is involved; Relm's D&O page doesn't say. ²
If you don't have a broker, you'll need one to reach Relm. ²

Gallagher vs Relm Insurance D&O Insurance Compared

Gallagher vs Relm Insurance: D&O Insurance: documented features by provider

Criteria	Gallagher Directors and Officers (D&O) Liability Insurance	Relm Directors and Officers Liability Insurance
Who It’s For	Gallagher specifically markets D&O placement and advisory support to special-purpose acquisition companies (SPACs) around their IPO and de-SPAC process, and to companies going public through an IPO or direct listing. ¹Company-reported. Group-level executive-and-financial-risk practice page, SPAC and IPO subsections.	Relm targets companies in disruptive or fast-changing sectors, naming Web3 founders, biotechnology leaders and AI pioneers as examples, and says any company with a board benefits, with startups especially needing it to attract executives. ²Company-reported. Financial Lines page framing; not a guarantee of eligibility for a particular company.
Coverage Features	Gallagher says its D&O team constructs policies addressing lawsuits from shareholders, employees, competitors, suppliers and government bodies, and can evaluate an existing D&O program against the market. ¹Company-reported. Group-level executive-and-financial-risk practice page; a service description, not a specific policy's insuring agreement.	Relm says D&O coverage generally protects directors and officers' personal assets by covering legal fees, settlements and financial losses when they are held liable for decisions made managing the company, including claims from shareholders, regulators, competitors or employees. ²Company-reported. Financial Lines page general description; Relm notes coverage can differ by carrier, and the issued policy and declarations control.
Role in This Line	Gallagher's Executive and Financial Risk practice places D&O liability insurance and advises on program design; it does not underwrite the policy, which is issued by a carrier selected during placement. ¹Company-reported. Group-level executive-and-financial-risk practice page.	Relm markets D&O liability as a line brokers can place through Relm for their clients, describing custom coverage rather than a one-size-fits-all policy. ²Company-reported. Relm line-of-business page (Relm sells through brokers); not a statement identifying the issuing insurer for a given placement.