Gallagher vs Risklytics D&O Insurance

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

Risklytics Insurance Services is a licensed insurance producer (NPN 22311838) that places Risklytics Directors & Officers Insurance with outside carriers; it says it does not underwrite policies itself. ⁶Company-reported. About page; describes Risklytics' brokerage model generally, restated for this line.

The executive-and-financial-risk page does not name the insurer that would issue a given client's D&O policy; it says Gallagher weighs carrier qualifications and performance data alongside a client's own insurer history and preferences when deciding which carriers to approach. ³Company-reported. Group-level executive-and-financial-risk practice page.

Risklytics does not name the carrier that underwrites Risklytics Directors & Officers Insurance on its site. It says it places business with specialist insurers willing to write robotics, autonomy and AI risk; the issuing carrier appears on the bound policy. ^9,6Company-reported. Lines page and about page; no specific insurer is published for this line.

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

Risklytics says the norm is buying D&O at or before a startup's first priced round, since term sheets and incoming board members typically require it as a closing condition. ⁹Company-reported. Lines page.

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

Risklytics describes D&O as protecting a founder's personal assets when an investor or regulator sues over how the company was run, citing an investor suit after a down round and a regulator inquiry into AI capability claims as examples, and distinguishes it from Tech E&O, which answers a customer's product-failure claim instead. ⁹Company-reported. Lines page; the issued policy and declarations control actual coverage.

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

Risklytics lists a typical ask of $1 million to $3 million for venture-backed companies for this line. ⁹Company-reported. Lines page; actual limits are set on the bound policy.

For SPACs and IPOs, Gallagher describes bundling D&O coverage before and after the IPO with related lines such as representations and warranties, E&O, cyber, tax and contingent liability coverage, plus risk-management and claims support at each stage. ³Company-reported. Group-level executive-and-financial-risk practice page, SPAC subsection.

Risklytics calls D&O easy to get for venture-backed companies with a clean story, describing quick placement for that segment. ⁹Company-reported. Lines page.

Not described in the reviewed sources.

You start Risklytics Directors & Officers Insurance through Risklytics' online application. Risklytics says there is no broker fee on top of the premium and a licensed producer stays on the file until the program binds; its commission is paid by the carrier out of the premium either way. ^10,6Company-reported. Pricing page describes the general application and fee process, not a line-specific form.

Gallagher says its Executive and Financial Risk practice has a dedicated claims-advocacy team with in-house attorneys specializing in these lines, and that it uses quantitative benchmarking, including measuring the judicious use of Side-A-only D&O coverage, to guide more precise coverage structures. ³Company-reported. Group-level executive-and-financial-risk practice summary; describes a support service, not a guarantee of claim payment.

Not described in the reviewed sources.