Beazley vs Coalition: How Do They Compare for Fiduciary Liability Insurance?

Beazley underwrites fiduciary liability with published limits up to $20 million; Coalition distributes fiduciary as one of four Executive Risks coverages through appointed brokers only

Beazley advertises fiduciary limits up to $20 million; Coalition’s Executive Risks allows up to $10 million per coverage line and caps eligible organizations at $500 million in assets, 1,000 employees and $500 million in plan assets. ^1,^4,³

What Are the Key Differences Between Beazley and Coalition Fiduciary Liability Insurance?

Underwriter Identity

Beazley underwrites fiduciary liability, though its product page does not identify the issuing Beazley entity. Coalition sells fiduciary through appointed brokers as one of four Executive Risks coverages, with Zurich American named for admitted policies. ¹ ³ ⁴

Capacity and Eligibility Caps

Beazley advertises fiduciary limits up to US $20 million with an optional additional defense limit. Coalition says limits up to $10 million per coverage line may be available, subject to exclusions. Coalition restricts Executive Risks, including fiduciary, to private and not-for-profit U.S. organizations in all 50 states and D.C., with up to $500 million in assets, 1,000 employees and $500 million in plan assets. Beazley’s reviewed fiduciary claims do not publish those size caps. ¹ ³

Coverage Specificity and Services

Beazley lists PPA, ERISA, IRC, PPACA and HIPAA sublimits, omnibus plan language, voluntary-compliance cover other than HIPAA, settlor-capacity protection, BeazleySure, and choice of counsel. Coalition says fiduciary provides coverage for claims of mismanagement of employee benefits and pension plans, without those sublimit figures. Beazley can be quoted via an ExecuGuard application. Coalition does not sell Executive Risks direct to buyers. ¹ ³

What Should You Confirm in Beazley and Coalition Fiduciary Liability Insurance Quotes?

Ask Coalition whether the fiduciary policy is admitted Zurich or non-admitted unaffiliated paper. ⁴
Ask Beazley which entity issues the policy and whether ExecuGuard limits are shared. ¹ ²
Check Coalition’s employee, asset and plan-asset caps. ³
Compare HIPAA and settlor terms; Beazley publishes them, Coalition’s one-sentence description does not. ¹ ³

Beazley vs Coalition Fiduciary Liability Insurance Compared

Beazley vs Coalition: Fiduciary Liability Insurance: documented features by provider

Criteria	Beazley Fiduciary Liability	Coalition Executive Risks — Fiduciary Liability
Limits and Retentions	Beazley advertises fiduciary limits up to US $20 million, with an optional additional defense limit available; the statutory sublimits described above apply within that overall limit. ¹Company-reported. Advertised maximum capacity, not a guaranteed quote amount.	Coalition says limits up to $10 million per coverage line may be available for Executive Risks products, including fiduciary liability, subject to exclusions and limitations. ³Company-reported. Executive Risks FAQ as read on 2026-09-23; not a quoted or bindable limit for any specific applicant.
How to Apply	The Fiduciary page lists a downloadable ExecuGuard application as its Tools & Resources item, rather than a fiduciary-only application. ¹Company-reported. Fiduciary product page Tools & Resources section as read on 2026-09-23.	Coalition distributes Executive Risks, including fiduciary liability, only through appointed insurance brokers rather than direct to buyers. ³Company-reported. Executive Risks product page as read on 2026-09-23.
Coverage Features	Beazley explains that fiduciary liability protects the individuals responsible for running employee benefit plans, such as health plans, pension plans and 401(k) accounts, from personal liability if a claim is made against the plan, a personal exposure the page says many plan sponsors don't realize they have. ¹Company-reported. Fiduciary product page description; exclusions and conditions are set by the issued policy. The policy includes statutory-claim sublimits of US $250,000 for claims under the Pension Protection Act of 2006, ERISA Section 502(c), Internal Revenue Code Section 4975 and the PPACA, plus a separate US $1,000,000 sublimit for HIPAA claims and up to US $1,000,000 in coverage for HIPAA civil fines. ¹Company-reported. Fiduciary product page sublimit list; these sublimits sit inside, and are lower than, the overall policy limit. Beazley includes "omnibus" pension and welfare plan language, a US $25,000 sublimit for IRS and DOL voluntary compliance programs other than HIPAA, and settlor-capacity protection now written into the fiduciary insuring clauses. ¹Company-reported. Fiduciary product page feature list; actual plan-coverage scope depends on the issued policy wording.	Coalition says fiduciary liability provides coverage for claims of mismanagement of employee benefits and pension plans. ³Company-reported. Executive Risks product page as read on 2026-09-23; exclusions and limitations apply per the page footer, and the issued policy controls actual terms.
Role in This Line	Beazley underwrites fiduciary liability coverage for the individuals who administer employer benefit plans, sold standalone on its dedicated Fiduciary page and as one of three coverages bundled in its ExecuGuard package policy alongside D&O and employment practices liability. ^1,²Company-reported. US fiduciary liability as described on the two reviewed product pages; does not establish which entity issues a particular policy.	Coalition designs and distributes fiduciary liability as one of four coverages in its Executive Risks product suite, sold through appointed brokers. ³Company-reported. Executive Risks product page as read on 2026-09-23.