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Best RWI Insurance Firms for M&A Deals in USA

Non-sponsored, Expert Verified and Transparently Ranked RWI Insurance Firms for M&A Deals in USA

Published: December 27, 2025 | Updated: December 28, 2025 | Verified by: Ted Scheiman & Rob Watts

Executive Summary

We analyzed 5 solutions. Top Recommendation: Risk Solutions for Businesses by AIG scored highest due to Private equity sponsors and corporate acquirers seeking large-limit, fast-execution RWI for complex or cross-border deals and auctions, supported by an experienced claims team and multinational underwriting network..

Content Verification

15
Total Sources
December 28, 2025
Last Verified
100%
Evidence Coverage

Side-by-Side Comparison

Feature#1 Risk Solutions for Businesses (AIG)#2 Warranty & Indemnity / Representations & Warranties Insurance (Liberty Global Transaction Solutions (Liberty Mutual))#3 Business Insurance (Chubb)#4 Insurance (AXA XL)#5 Specialty Insurance Products (Tokio Marine HCC)
Best ForPrivate equity sponsors and corporate acquirers seeking large-limit, fast-execution RWI for complex or cross-border deals and auctions, supported by an experienced claims team and multinational underwriting network.Private equity firms and strategic buyers requiring a seasoned, high-volume RWI underwriter with global reach, strong tax and contingent capabilities, and capacity to support competitive auction processes at speed.Middle-market to large buyers and sellers wanting comprehensive RWI with optional tax and contingent risk solutions, reduced escrows, and stronger bids or clean exits under tight M&A timelines.Corporate development teams and PE sponsors executing cross-border transactions who need buyer- or seller-side RWI, longer survival periods, and added protection above indemnity caps with efficient, coordinated claims support.US lower-middle to upper-middle market acquirers and sellers seeking flexible primary or excess RWI with up to $70M capacity and responsive underwriting from a carrier experienced in North American transactions.
Coverage CapacityR&W insurance: limits up to $100M per transaction; typical deal sizes $25M, ~$4B+; retention typically 1.0% of enterprise value, dropping to 0.5% after 12 months. (aig.com)Up to $100m/€100m/£100m per risk for R&W/W&I policies. (libertygts.com) Regional maximums vary; e.g., Nordics up to €170m per risk. (libertygts.com)R&W Insurance capacity: policy limits up to USD $100 million per risk; typical placements often equal 10, 20% of enterprise value (varies by deal/underwriting). (chubb.com)Representations & Warranties Insurance (Transactional Risk): Up to USD 60 million global M&A capacity per transaction (buyer- or seller-side), including cross-border deals. (axaxl.com)Up to US$70 million per Representations & Warranties (Transactional Risk) policy, available on a primary or excess basis. (tmhcc.com)
Claims Handling EfficiencyDedicated, specialized claims teams by solution; for RWI, AIG manages claims end‑to‑end as a single insurer with authority to settle quickly, using outside counsel sparingly. (aig.com) AIG states its RWI claims team processes client claims swiftly. (aig.com) Global claims platform spans 45+ countries and 150+ claims offices to support rapid resolution. (aig.com)Dedicated M&A claims team embedded with underwriters delivers timely, considered responses; staff are empowered to make timely, autonomous decisions. (libertygts.com) In 2024, GTS paid about US$150m in R&W claims, including its largest-ever payment (~€46m), evidencing efficient claims resolution. (libertygts.com)24/7 claims response and reporting, supported by 2, 000+ North America claims professionals. 92% of clients with a paid claim report high satisfaction (survey of personal and commercial policyholders, 2022, 2024). (chubb.com)Dedicated in-house M&A claims team focused on fast, certain execution; 1, 200+ claims experts worldwide, with 99.5% of Americas claims handled locally for prompt, fair resolution across 200+ countries/territories. (axaxl.com)Dedicated in-house TRI claims team works closely with insureds to develop solution‑oriented strategies, targeting fair, efficient resolutions; coverage positions are explained promptly and comprehensively. (tmhcc.com) TMHCC has processed 500+ TRI claims with $140M+ in payouts, evidencing mature, well‑established claims handling. (tmhcc.com)
Global Reach and ExpertiseTruly global platform: local coverage in 200+ countries/jurisdictions via AIG operations and partners; 5, 500+ claims professionals and 500+ dedicated multinational service experts deliver consistent service; 150+ claims offices across 45+ countries issue payments in local currencies. (aig.com)Among the largest global M&A insurance teams, Liberty GTS operates as one global unit across the Americas, EMEA and APAC for true cross‑border collaboration. 90+ specialists, multi‑lingual, many ex‑lawyers/accountants, handle 1, 500+ deals annually, supported by a dedicated M&A claims team. (libertygts.com)Global insurer with operations in 54 countries/territories and a network spanning 200+ countries, delivering compliant multinational programs via Chubb Global Services and its Worldview platform. (about.chubb.com) 30+ years designing complex multinational programs; specialized multinational property claims teams. (chubb.com) In 2024, launched a global transactional risk platform expanding R&W/W&I capabilities outside North America. (news.chubb.com)Global insurer serving clients in 200+ countries/territories with deep local regulatory expertise. Manages 4, 500+ multinational solutions across 20+ products, backed by 40+ years’ experience; centralized network hubs enable seamless local service and claims coordination for complex cross‑border risks. (axaxl.com)Operates globally, underwriting 100+ specialty classes across 180+ countries via ~4, 400 employees. Part of Tokio Marine Group’s 57‑country network with strong ratings (AM Best A++, Fitch AA-, S&P A+). International Transaction Risk team provides multilingual, multi‑jurisdictional expertise; W&I/R&W capacity up to US$70M per policy. (tmhcc.com)
5 Companies Listed
Last Updated: December 28, 2025
aig.com

AIGCompany Information

American International Group, Inc. (AIG) is a leading global property and casualty insurer. AIG operates in over 190 countries and jurisdictions offering an array of comprehensive risk and insurance services.

Industry: Insurance
Type: public
Employees: over-10K
Founded: 1919
Location: 1271 6th Ave #41, New York, NY, United States
Revenue: over 1b
Stock: NYSE:AIG (NASDAQ)
Phone: 800-225-5244

Keywords

insurance
risk management
property casualty
financial services
global insurance
asset protection
global coverage
property insurance
casualty insurance

Description

AIG provides insurance solutions that help businesses and individuals in more than 200 countries and jurisdictions protect their assets and manage risks through AIG operations, licenses and authorizations as well as network partners.

What They Do

AIG offers a comprehensive range of insurance products and services to manage risks for both individuals and businesses.

Who They Serve

AIG serves clients globally, including individuals and businesses in more than 200 countries and jurisdictions.

Key Value Propositions

Comprehensive insurance solutions
Global presence and expertise
Commitment to customer service and risk management

Target Customers

Individuals
Businesses
Brokers
Investors

Industries Served

Insurance
Financial services
Risk management

Summary

AIG’s RWI helps protect buyers or sellers in M&A from financial loss due to breaches of representations and warranties. It supports deal sizes from $25M to ~$4B+ with limits up to $100M and typical retentions that step down over time.

Key Features

  • Broad range of insurance products (property, casualty, cyber, environmental, etc.)
  • Customizable group accident and health insurance
  • Directors & Officers and management liability coverage
  • Kidnap, ransom, and extortion coverage
  • Professional liability insurance
  • Cyber risk protection and data breach response
  • Environmental risk coverage by industry
  • Fronting and captive solutions
  • Mergers & acquisitions risk solutions
  • Surplus lines and specialty risk products
  • Trade credit insurance
  • Warranty and service programs
  • Aerospace and aviation insurance
  • Energy sector risk solutions
  • Marine insurance (ocean and inland)
  • Multinational and foreign casualty solutions
  • Political risk insurance

Key Benefits

  • Comprehensive protection for people, performance, assets, and international operations
  • Client-centric mindset and tailored advice
  • Unparalleled service and claims support
  • Access to a global network of experts
  • Customizable and flexible insurance solutions
  • Advanced risk engineering and loss control services
  • Support for complex, high-risk exposures

Who Is It For

  • Small domestic companies
  • Multinational corporations
  • Schools and other organizations
  • Financial institutions
  • Public, private, and non-profit companies
  • Businesses operating internationally
  • Niche market businesses
  • Marine and aviation service businesses
  • Energy sector companies
  • Automotive manufacturers and suppliers

Business & Enterprise Risk Solutions

Partner with one of the world’s most far-reaching property casualty networks.

Empowering businesses to discover new potential

AIG offers a broad range of products to help protect the things that matter most to businesses: their people, performance, assets and international operations. Backed by a client-centric mindset, unparalleled service, and tailored advice.

At a Glance

  • $539B total assets
  • ~190 countries and jurisdictions served through AIG operations and network partners
  • $26.7B General Insurance net premiums written

Risk Solutions for All Your Needs

AIG provides solutions to help protect what's most important to businesses, including people, performance, assets, and international operations.

  • Accident & Health
  • Casualty
  • Directors & Officers
  • Kidnap & Ransom
  • Professional Liability
  • Cyber
  • Environmental
  • Financial Institutions
  • Fronting & Captive Services
  • Management Liability
  • Mergers & Acquisitions
  • Programs
  • Surplus Lines
  • Trade Credit
  • Warranty
  • Aerospace
  • Energy
  • Property
  • Marine
  • Multinational
  • Political Risk
  • Foreign Casualty

Resources

Supporting Resources

Detailed Comparison

Coverage Capacity

R&W insurance: limits up to $100M per transaction; typical deal sizes $25M, ~$4B+; retention typically 1.0% of enterprise value, dropping to 0.5% after 12 months. (aig.com)

Claims Handling Efficiency

Dedicated, specialized claims teams by solution; for RWI, AIG manages claims end‑to‑end as a single insurer with authority to settle quickly, using outside counsel sparingly. (aig.com) AIG states its RWI claims team processes client claims swiftly. (aig.com) Global claims platform spans 45+ countries and 150+ claims offices to support rapid resolution. (aig.com)

Global Reach and Expertise

Truly global platform: local coverage in 200+ countries/jurisdictions via AIG operations and partners; 5, 500+ claims professionals and 500+ dedicated multinational service experts deliver consistent service; 150+ claims offices across 45+ countries issue payments in local currencies. (aig.com)
2Liberty Global Transaction Solutions (Liberty Mutual) logo
Liberty Global Transaction Solutions (Liberty Mutual)

Warranty & Indemnity / Representations & Warranties Insurance

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Last Updated: December 28, 2025
libertygts.com

Liberty Global Transaction Solutions (Liberty Mutual)Company Information

Industry: Insurance

Description

As one of the largest global mergers and acquisitions (M&A) insurance teams in the industry, Liberty Global Transaction Solutions (GTS) has the scope for transactions of many types and sizes. With more than 90 specialists, Liberty GTS has helped facilitate more than 1,500 M&A deals a year on average, successfully insuring thousands of transactions since its inception.

What They Do

They provide transactional risk products, including Representations & Warranties/Warranty & Indemnity Insurance and Tax Liability Insurance.

Who They Serve

Businesses involved in mergers and acquisitions.

Key Value Propositions

Global presence
Experienced team
Dedicated M&A Claims team
Cross-border collaboration

Target Customers

Corporate buyers
Investors
Financial institutions

Industries Served

Insurance
Finance
Mergers and Acquisitions

Contact Information

Social Media

Summary

Liberty GTS provides R&W/W&I, Tax Liability and bespoke contingent risk policies that help buyers and sellers close transactions. Among the largest M&A insurance teams globally, it has insured thousands of deals with 80, 90+ specialists.

Key Features

  • Coverage for losses due to misrepresentations or breach of warranty
  • Covers issues such as title disputes, intellectual property, outstanding litigation, taxes, and fraud
  • Policies are customized to reflect the specific details of each agreement
  • Policies mirror the liability time limits in the agreement and are non-cancellable
  • First-party protection for buyers (can sit on top of, alongside, or straddle the warrantors’ cap)
  • Single one-off premium payment (subject to terms and conditions)

Key Benefits

  • Comprehensive coverage for unknown warranty breaches and unpaid tax
  • Protection for up to seven years post-transaction
  • Enables faster, smoother transactions by reducing uncertainty
  • Facilitates clean exit for sellers
  • Extends the duration and/or cap of warranties
  • Faster claims settlement and pay-out
  • Protects against seller credit-risk
  • Helps maintain relationships by reducing the need to sue sellers

Who Is It For

  • Buyers in M&A transactions (especially private equity buyers)
  • Sellers in M&A transactions
  • Parties seeking to mitigate post-transaction risk
  • Lenders involved in M&A deals

Use Cases

  • Enabling parties to release or utilize their sale proceeds
  • Breaking a deal deadlock
  • Bridging a gap in expectations between parties on risk allocation
  • Allowing parties to get comfortable with their negotiated position
  • Satisfying lenders’ requirements

Warranty & Indemnity / Representations & Warranties

Our W&I/R&W insurance product is designed to reduce the risk faced by buyers or sellers when buying or selling a business. It provides comprehensive coverage that can help set expectations and mitigate the risk and uncertainty for all parties—enabling a transaction to go through quickly and without uncertainty. For a single one-off premium, and subject to terms and conditions, clients may purchase an R&W Insurance policy that may provide coverage for unknown warranty breaches and unpaid tax and settlement protection for up to seven years.

R&W Insurance for Buyers: Coverage that’s equally as impressive as the investment itself.

GTS offers first-party protection to buyers which may cover financial losses resulting from a breach of warranty or lack of seller indemnity provisions relating to the purchase agreement of a private equity deal. These policies can sit on top of the warrantors’ cap (top-up cover), sit alongside the warrantors’ cap or straddle the cap.

R&W Insurance can be used in many situations:

  • To enable parties to release or utilize their sale proceeds
  • To break a deal deadlock
  • To bridge a gap in expectations between parties on risk allocation
  • To allow the parties to “get comfortable” with their negotiated position
  • To satisfy lenders

Why buy M&A Insurance?

  • Clean exit for seller
  • Extends the duration and/or cap of warranties
  • Faster claims settlement and pay-out
  • Protects against seller credit-risk
  • Unwillingness to sue the seller/protects relationships with seller

Resources

Supporting Resources

Detailed Comparison

Coverage Capacity

Up to $100m/€100m/£100m per risk for R&W/W&I policies. (libertygts.com) Regional maximums vary; e.g., Nordics up to €170m per risk. (libertygts.com)

Claims Handling Efficiency

Dedicated M&A claims team embedded with underwriters delivers timely, considered responses; staff are empowered to make timely, autonomous decisions. (libertygts.com) In 2024, GTS paid about US$150m in R&W claims, including its largest-ever payment (~€46m), evidencing efficient claims resolution. (libertygts.com)

Global Reach and Expertise

Among the largest global M&A insurance teams, Liberty GTS operates as one global unit across the Americas, EMEA and APAC for true cross‑border collaboration. 90+ specialists, multi‑lingual, many ex‑lawyers/accountants, handle 1, 500+ deals annually, supported by a dedicated M&A claims team. (libertygts.com)
Last Updated: December 28, 2025
chubb.com

ChubbCompany Information

Chubb is a global insurance company providing a range of insurance products for individuals, families, and businesses in the Benelux region. They offer various insurance solutions, including liability, property, cyber, and life sciences, as well as exclusive car insurance and masterpiece insurance for individuals.

Industry: Insurance
Type: public
Employees: over-10K
Founded: 1882
Location: Frankfurt am Main, HE
Revenue: over 1b
Stock: NYSE:CB (NASDAQ)
Phone: +49 69 75613 0

Keywords

insurance
liability
property
cyber
life sciences
exclusive cars
masterpiece
property and casualty
health insurance
reinsurance

Description

At Chubb, we deliver excellence in all we do, being there when you need us most. We provide exceptional service to our customers and business partners—it's who we are.

What They Do

Chubb provides insurance solutions for individuals, families, and businesses, including property, auto, travel, and embedded insurance.

Who They Serve

Individuals, families, businesses, agents, and brokers.

Key Value Propositions

Exceptional service
Customized coverage
Award-winning claims satisfaction

Target Customers

Individuals
Families
Businesses
Agents
Brokers

Industries Served

Insurance

Contact Information

Summary

Chubb’s R&W Insurance offers buyer- and seller-side coverage for financial losses, including defense costs, arising from unintentional and unknown breaches in acquisition or merger agreements. It facilitates deals by reducing escrows and strengthening bid competitiveness.

Key Features

  • Customizable insurance products (liability, cyber, property, accident & health, etc.)
  • Industry-specific solutions across 30+ industry practices
  • Risk engineering and consulting services
  • Claims support and business income consultation
  • Coverage for businesses of all sizes
  • Global reach and multinational capabilities

Key Benefits

  • Tailored insurance solutions for unique business needs
  • Coverage for a wide range of industry-specific risks
  • Access to risk specialists and nearly 500 in-house risk engineers
  • World-class claims service with high satisfaction rates
  • Financial strength and stability
  • Strategic partnership and insights for large and multinational businesses

Who Is It For

  • Small businesses (startups to established local businesses)
  • Large and multinational businesses
  • Businesses across 30+ specialized industries
  • Companies seeking tailored risk solutions

Tailored business insurance solutions

Chubb has protected businesses of all sizes, their employees and their reputations against industry-specific risks for more than 200 years. Let our risk specialists work to find the right business insurance coverage for your unique needs.

Products, services, industry expertise

Chubb’s expertise spans 30 specialized Industry Practices. Working together, our underwriters, risk and claims professionals tailor industry-specific solutions for each of our clients.

  • Explore by industry: 30+ specialized industry practices
  • Explore by product: Liability, cyber, property, accident and health
  • Explore our services: Risk engineering, claims support, income consultation

Insuring businesses of all sizes

Small businesses at every stage look to Chubb for robust protections, world-class claims service, industry-specific knowledge and coverage options that insure against risks as they grow. Large & multinational businesses rely on Chubb for strategic partnership, insights, premium products and services, stability, financial strength and insurance industry leadership.

  • Small businesses: robust protections, claims service, industry knowledge
  • Large & multinational businesses: strategic partnership, insights, premium products

Business insurance excellence by the numbers

#1 Commercial lines insurer in the U.S.; 200+ years of experience; $21B claims paid globally (2023); 92% overall claims satisfaction (clients with a paid claim across 2022-2023)

  • #1 Commercial lines insurer in the U.S.
  • 200+ years of experience
  • $21B claims paid globally (2023)
  • 92% overall claims satisfaction (2022-2023)

Unique risk solutions across industries

Chubb’s industry practice specializations continue to grow in response to rising business segments, ensuring that our capabilities and products align strategically to the evolving risks that matter most in your industry.

  • 30+ industry practices
  • Industry-specific risk solutions

Prepare and prevent with Chubb Risk Consulting

Chubb’s in-house network of nearly 500 risk engineers helps businesses anticipate and minimize costly exposures. The Chubb Risk Engineering Center offers services on fire protection, equipment breakdown, worker safety and more.

  • Fire protection
  • Equipment breakdown
  • Worker safety
  • Next generation risk management

Insights & expertise

Learn more about market conditions and risks that affect your industry, leverage tips and strategies for protecting your business and see Chubb’s expertise in action with white papers, articles, and success stories.

  • Evolving risks for the middle market
  • Insurance costs depend on 4 factors
  • Navigating risks in cleanrooms
  • Cold weather safety tips for employees
  • 4 steps for creating a safer worksite
  • When middle markets go multinational

Get a business insurance quote that fits your business

Whether your business is large or small, we’ll leverage our premium products and services to create a plan that protects your business, your employees and your reputation. Talk to Chubb today.

Resources

Supporting Resources

Detailed Comparison

Coverage Capacity

R&W Insurance capacity: policy limits up to USD $100 million per risk; typical placements often equal 10, 20% of enterprise value (varies by deal/underwriting). (chubb.com)

Claims Handling Efficiency

24/7 claims response and reporting, supported by 2, 000+ North America claims professionals. 92% of clients with a paid claim report high satisfaction (survey of personal and commercial policyholders, 2022, 2024). (chubb.com)

Global Reach and Expertise

Global insurer with operations in 54 countries/territories and a network spanning 200+ countries, delivering compliant multinational programs via Chubb Global Services and its Worldview platform. (about.chubb.com) 30+ years designing complex multinational programs; specialized multinational property claims teams. (chubb.com) In 2024, launched a global transactional risk platform expanding R&W/W&I capabilities outside North America. (news.chubb.com)
Last Updated: December 28, 2025
axaxl.com

AXA XLCompany Information

AXA XL is a leading provider of P&C global commercial insurance offering insurance and reinsurance to enterprises of every kind and size. AXA XL helps you take your business further.

Industry: Insurance
Type: public
Employees: over-10K
Founded: 1986
Location: Hamilton, HA
Revenue: over 1b
Stock: XL (NYSE)
Phone: +1 800-327-1414

Keywords

commercial insurance
reinsurance
risk management
property insurance
casualty insurance
cyber insurance
insurance
business solutions
global presence

Description

AXA XL is the P&C and Specialty division of AXA, providing Re/Insurance to mid-sized and multinational companies, and some high-net-worth individuals.

What They Do

AXA XL provides insurance and reinsurance solutions, risk consulting, and innovative risk management services.

Who They Serve

Mid-sized and multinational companies, as well as high-net-worth individuals.

Key Value Propositions

Strong financial stability
Global scale
Flexibility in structuring programs
Technical expertise
Exceptional claims experience

What Customers Say

"AXA XL demonstrates strong financial stability and service capabilities while investing time to understand us, which are key criteria for us."

Risk Manager

"They take time to understand our business and needs and generally responsive to those. They do what we need everywhere we need it and do a good job of putting a team behind it."

Risk Manager

"AXA XL is much better than their peers on each of our carrier choice criteria: global scale, flexibility on how we structure programs, strong technical expertise and ability to execute all types of administrative actions."

Risk Manager

"AXA XL stands for partnership and continuity, always willing to be a partner and to provide solutions to ensure business continuity."

Risk Manager

"Their bench is deep, with lots of talented people, that are not just smart, but people you can enjoy spending time with and for some, even call them friends."

Risk Manager

"AXA XL stands for integrity, financial strength, care about customer, value personal relationship and long-term strategic partner."

Risk Manager

"AXA XL Claims is one of the most professional, courteous, and skilled teams I work with. Thank you!"

Broker

"AXA XL Claims professionals are always prompt in their responses and understanding in how a large company manages their claims."

Risk Manager

"From the first call to AXA XL claims, my experience was as positive and as pleasant as it could possibly be in these circumstances. Thank you!"

Insured

Target Customers

Mid-sized companies
Multinational companies
High-net-worth individuals

Industries Served

Architects & Engineers
Aviation & Aerospace
Construction
Consumer Goods & Services
Education & Public Entities
Energy
Entertainment & Leisure
Equine, Livestock & Aquaculture
Financial Services
Fine Art Insurance
Food & Beverage
Healthcare & Life Sciences
Manufacturing
Marine & Logistics
Professional Services
Real Estate
Technology
Transportation

Contact Information

Summary

AXA XL’s RWI supports M&A, divestitures and other transactions with buyer- or seller-side coverage. Dedicated underwriters and an in-house M&A claims team deliver fast, efficient execution, including on cross-border deals.

Key Features

  • Coverage in more than 200 countries and territories
  • Award-winning captive solutions
  • Primary and excess casualty insurance
  • Flexible construction coverages and risk engineering
  • Full suite of cyber insurance solutions
  • Environmental insurance expertise
  • Excess & Surplus (E&S) solutions for unique risks
  • Multinational/global program capabilities
  • Professional liability coverage
  • Property insurance for commercial assets
  • Specialty insurance (aviation, marine, fine art, etc.)
  • Structured risk and (re)insurance solutions
  • Delegated authority and program business
  • Wholesale insurance for complex or non-standard risks
  • Customized risk management and consulting

Key Benefits

  • Global reach and local expertise
  • Comprehensive coverage across a wide range of risks
  • Innovative and tailored insurance solutions
  • Support for complex and emerging risks
  • Strong financial backing as part of AXA Group
  • Data-driven insights and leading technology
  • Risk consulting and loss prevention services

Who Is It For

  • Mid-size companies
  • Multinational corporations
  • Some high-net-worth individuals
  • Brokers and underwriters (via alternative distribution)
  • Industry-specific clients (see industries_served)

Resources

Supporting Resources

Detailed Comparison

Coverage Capacity

Representations & Warranties Insurance (Transactional Risk): Up to USD 60 million global M&A capacity per transaction (buyer- or seller-side), including cross-border deals. (axaxl.com)

Claims Handling Efficiency

Dedicated in-house M&A claims team focused on fast, certain execution; 1, 200+ claims experts worldwide, with 99.5% of Americas claims handled locally for prompt, fair resolution across 200+ countries/territories. (axaxl.com)

Global Reach and Expertise

Global insurer serving clients in 200+ countries/territories with deep local regulatory expertise. Manages 4, 500+ multinational solutions across 20+ products, backed by 40+ years’ experience; centralized network hubs enable seamless local service and claims coordination for complex cross‑border risks. (axaxl.com)
5Tokio Marine HCC logo
Tokio Marine HCC
Last Updated: December 28, 2025
tmhcc.com

Tokio Marine HCCCompany Information

Tokio Marine HCC is a global specialty insurance group with deep expertise in chosen lines of business, a strong track record, and a solid balance sheet, evaluating and managing risk in various industries.

Industry: Insurance
Type: private
Employees: 1K-5K
Founded: 1974
Location: Houston, TX
Revenue: over 1b
Stock: HCC
Phone: +1 713-609-7100

Keywords

specialty insurance
risk management
financial lines
professional indemnity
property insurance
renewables
surety
treaty reinsurance
insurance solutions
global coverage

Description

Tokio Marine HCC is committed to providing bold ideas and solutions across various lines of business, managing risk effectively with a solid financial foundation.

What They Do

Tokio Marine HCC provides specialty insurance solutions across various categories, including accident and health, aviation, casualty liability, cyber, and more.

Who They Serve

The company serves a diverse range of customers, including individuals and businesses needing specialty insurance in over 180 countries.

Key Value Propositions

Strong financial ratings from AM Best, Fitch, and S&P Global
Expertise in managing risk across 100+ classes of specialty insurance
Commitment to corporate responsibility and community engagement

Target Customers

Corporations
Small Businesses
Individuals
Travelers

Industries Served

Insurance
Financial Services

Contact Information

Social Media

Summary

Tokio Marine HCC offers R&W as part of its Transactional Risk portfolio, providing buyer- or seller-side protection against losses from breaches of warranties or representations. Capacity is up to US$70M per policy with primary or excess options.

Key Benefits

  • Comprehensive coverage for a wide range of specialized risks.
  • Tailored solutions for unique industry and client needs.
  • Support for complex and emerging risks (e.g., cyber, renewables, crisis management).
  • Backed by strong financial stability and industry ratings.
  • Global reach and expertise across multiple sectors.

Who Is It For

  • Employers of all sizes
  • Pilots, aircraft owners, and aviation industry participants
  • Artisan contractors and businesses with liability exposures
  • Sports, entertainment, and promotional event organizers
  • Financial institutions and businesses with credit/political risk
  • Companies seeking crisis management and brand protection
  • Farmers and agribusinesses
  • Organizations and individuals exposed to cyber and technology risks
  • Energy sector businesses
  • Trustees and fiduciaries
  • Directors, officers, and professionals
  • Travelers and organizations with global travel needs
  • Shipping and marine businesses
  • High net worth individuals and professionals concerned about disability
  • Public entities
  • Businesses and individuals requiring surety bonds
  • Companies involved in mergers, acquisitions, and disposals
  • Risk bearers seeking reinsurance and program solutions

Our product categories

Browse by category or choose from the list below.

  • Accident & Health
  • Aviation
  • Casualty Liability
  • Contingency
  • Credit & Political Risk
  • Crisis Management Insurance
  • Crop
  • Cyber & Tech
  • Energy
  • Fiduciary & Crime
  • Financial & Professional
  • Global Travel Insurance
  • Marine
  • Prestige Disability - High Limit Disability
  • Professional Liability
  • Public Entity
  • Renewables
  • Structured Products
  • Surety Bonds
  • Transactional Risk Insurance
  • Turnkey Reinsurance & Programs

Resources

Detailed Comparison

Coverage Capacity

Up to US$70 million per Representations & Warranties (Transactional Risk) policy, available on a primary or excess basis. (tmhcc.com)

Claims Handling Efficiency

Dedicated in-house TRI claims team works closely with insureds to develop solution‑oriented strategies, targeting fair, efficient resolutions; coverage positions are explained promptly and comprehensively. (tmhcc.com) TMHCC has processed 500+ TRI claims with $140M+ in payouts, evidencing mature, well‑established claims handling. (tmhcc.com)

Global Reach and Expertise

Operates globally, underwriting 100+ specialty classes across 180+ countries via ~4, 400 employees. Part of Tokio Marine Group’s 57‑country network with strong ratings (AM Best A++, Fitch AA-, S&P A+). International Transaction Risk team provides multilingual, multi‑jurisdictional expertise; W&I/R&W capacity up to US$70M per policy. (tmhcc.com)

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Our Ranking Methodology

How we rank these offerings

We ranked these RWI Insurance Firms for M&A Deals in USA based on three key factors: Coverage Capacity (40% weight), Claims Handling Efficiency (35% weight), and Global Reach and Expertise (25% weight). Risk Solutions for Businesses scored highest due to its high coverage limits and efficient claims handling processes under a globally integrated platform.

Ranking Criteria Weights:

40%
Coverage Capacity
High coverage capacity is critical for managing large-scale M&A deals efficiently.
35%
Claims Handling Efficiency
Fast and effective claims handling ensures quick resolution and operational continuity post-deal.
25%
Global Reach and Expertise
A strong global reach is important for cross-border M&A transactions and ensures localized service.
Rankings last updated: 12/28/2025

Frequently Asked Questions

What is the typical cost structure for RWI insurance in M&A deals?
The cost of Representations and Warranties Insurance (RWI) typically ranges from 2% to 4% of the coverage limit, with larger deals often benefiting from economies of scale. AIG supports deal sizes ranging from $25M to over $4B with limits up to $100M, indicating scalability in pricing models. Tokio Marine HCC, with a capacity of up to $70M per policy, also offers primary and excess options, which usually affects premium pricing. The retention amount, which is normally a percentage of the transaction value or insurance coverage limit and steps down over time, further impacts the premium costs.
What are the key factors to consider when selecting an RWI insurance provider for M&A deals?
Selection criteria for RWI insurance providers include the provider's capacity limits, expertise in handling complex M&A transactions, and their ability to execute efficiently. For instance, Liberty GTS, with 80, 90+ specialists, offers comprehensive solutions across thousands of insured deals, making expertise and a robust underwriting team crucial considerations. Additionally, companies like AXA XL, which have dedicated underwriters and a specialized M&A claims team, provide fast and efficient service, particularly for cross-border transactions, ensuring timely and effective coverage.
What industry standards and compliance requirements must be taken into account with RWI insurance?
RWI insurance operates within regulatory frameworks that govern financial transactions, requiring strict due diligence and adherence to disclosure protocols. Compliance with industry standards involves thorough risk assessments and the adherence to legal standards as set out in acquisition agreements, which providers like Chubb emphasize in reducing escrows and facilitating bid competitiveness. Additionally, companies like Tokio Marine HCC offer policies that align with bespoke risk needs, ensuring that compliance models match both buyer and seller legal and ethical standards in M&A transactions.
What are common challenges in implementing RWI insurance, and how can these be addressed?
Implementing RWI insurance can present challenges such as underwriting complexity and cross-border regulatory differences. Providers like AXA XL address these challenges with dedicated underwriters and M&A claims teams that streamline execution. Liberty GTS, being one of the largest teams globally, uses its experience and specialist knowledge to navigate these intricacies efficiently. By aligning insurance coverage with client-specific transaction nuances, these firms effectively mitigate implementation challenges.
How does RWI insurance deliver ROI and value in M&A transactions?
RWI insurance enhances ROI by protecting parties from financial losses due to breaches, which stabilizes transaction outcomes. AIG's protection helps both buyers and sellers mitigate potential financial setbacks, thereby sustaining anticipated transaction value. Furthermore, Chubb's approach of reducing escrows to strengthen bid competitiveness exemplifies how RWI can be leveraged to enhance transaction appeal and potentially increase deal closure rates, ultimately delivering significant financial value to stakeholders.

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