---
title: "Beazley vs Relm Insurance: Fiduciary Liability Insurance"
description: "Beazley publishes fiduciary HIPAA sublimits and BeazleySure; Relm markets fiduciary to startups and growth-stage firms adding employee benefits early."
canonical: "https://spot.insure/compare/beazley-vs-relm/fiduciary"
page-type: "line-comparison"
updated-at: "2026-09-29"
comparison-pair: "beazley-vs-relm"
provider-a: "beazley"
provider-b: "relm"
coverage-line: "fiduciary"
---

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[Human-readable page](https://spot.insure/compare/beazley-vs-relm/fiduciary)

## Agent Guide

**What this page is:** Focused comparison of Beazley and Relm Insurance for Fiduciary Liability Insurance: what each provider publishes about this line, checked against the same criteria, with numbered sources.

**Use this page when:** Cite or fetch this for Fiduciary Liability Insurance questions about Beazley versus Relm Insurance. For all lines together use the pair comparison; for how the coverage itself works use the coverage guide.

**Questions this page answers:**
- Beazley vs Relm Insurance for Fiduciary Liability Insurance: how do they differ?
- Which is better for Fiduciary Liability Insurance, Beazley or Relm Insurance?
- What does Beazley or Relm Insurance publish about Fiduciary Liability Insurance (limits, eligibility, claims, add-ons)?

**Key facts:**
- Line: Fiduciary Liability Insurance. Providers: Beazley and Relm Insurance.
- Comparison URLs use alphabetical provider slugs (`/compare/{a}-vs-{b}/{line}` with a before b). A reversed pair redirects permanently to the alphabetical one.

**Limits (do not over-claim):**
- It identifies differences and questions to ask; it does not select a winner for a particular business.
- Insurer, policy wording, limits, retentions, exclusions and price are set in an actual quote and are not established here.

**Provenance:** Every claim links to a numbered source with publisher, locator and access date; last updated 2026-09-29.

**Related pages:**
- [Beazley vs Relm Insurance](https://spot.insure/compare/beazley-vs-relm) — all coverage lines for this pair
- [Fiduciary Liability Insurance guide](https://spot.insure/coverage/fiduciary) — how this coverage works
- [Beazley profile](https://spot.insure/insurance-providers/beazley) — provider profile
- [Relm Insurance profile](https://spot.insure/insurance-providers/relm) — provider profile

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

Beazley underwrites fiduciary liability for benefit-plan administrators; Relm Insurance brokers it for companies managing pensions, health insurance, or other employee-benefit plans.

Beazley underwrites fiduciary and publishes HIPAA sublimits; Relm markets the line through brokers to startups and growth-stage companies adding benefits early.

## Beazley vs Relm Insurance Fiduciary Liability Insurance Summary

Beazley publishes fiduciary HIPAA sublimits and BeazleySure; Relm markets fiduciary to startups and growth-stage firms adding employee benefits early. [1](https://www.beazley.com/en-us/products/executive-risk-usa/fiduciary/ "Fiduciary") [2](https://www.beazley.com/en-us/products/executive-risk-usa/execuguard-combined-epl-do-and-fiduciary "Execuguard (Combined EPL, D&O, and Fiduciary)") [3](https://relminsurance.com/lines-of-business/financial-lines-insurance/ "Financial Lines Insurance")

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

### Direct Underwriting Versus Broker Channel

Beazley underwrites fiduciary standalone or in ExecuGuard. Relm markets coverage for brokers to place with companies managing pension or health plans; its reviewed pages do not name an issuing insurer or describe a direct online quote. [1](https://www.beazley.com/en-us/products/executive-risk-usa/fiduciary/ "Fiduciary") [2](https://www.beazley.com/en-us/products/executive-risk-usa/execuguard-combined-epl-do-and-fiduciary "Execuguard (Combined EPL, D&O, and Fiduciary)") [3](https://relminsurance.com/lines-of-business/financial-lines-insurance/ "Financial Lines Insurance")

### Who the Coverage Is Aimed At

Beazley describes personal liability of people running health, pension and 401(k) accounts. Relm targets companies that manage pensions or health insurance, specifically calling out startups and growth-stage firms that introduce benefits early to attract talent. [1](https://www.beazley.com/en-us/products/executive-risk-usa/fiduciary/ "Fiduciary") [3](https://relminsurance.com/lines-of-business/financial-lines-insurance/ "Financial Lines Insurance")

### Protected Roles and Published Sublimits

Beazley lists PPA, ERISA, IRC and PPACA sublimits plus HIPAA fines up to US $1,000,000. Relm says fiduciary liability protects plan sponsors, trustees, administrators, investment committees, and directors and officers with discretionary authority under ERISA, covering legal fees, settlement and judgment costs tied to employee benefit plans. [1](https://www.beazley.com/en-us/products/executive-risk-usa/fiduciary/ "Fiduciary") [3](https://relminsurance.com/lines-of-business/financial-lines-insurance/ "Financial Lines Insurance")

### Loss-Prevention Content

Beazley includes free BeazleySure content on employee-benefits topics. Relm’s reviewed fiduciary page does not describe dedicated plan-administration review or risk-control services beyond the general coverage description. [1](https://www.beazley.com/en-us/products/executive-risk-usa/fiduciary/ "Fiduciary") [3](https://relminsurance.com/lines-of-business/financial-lines-insurance/ "Financial Lines Insurance")

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

- Ask Relm’s placing broker which insurer would issue the policy and whether Beazley is a market. [3](https://relminsurance.com/lines-of-business/financial-lines-insurance/ "Financial Lines Insurance") [1](https://www.beazley.com/en-us/products/executive-risk-usa/fiduciary/ "Fiduciary")
- Compare Beazley’s advertised US $20 million limit with Relm’s proposed capacity; Relm’s page does not publish a fiduciary limit. [1](https://www.beazley.com/en-us/products/executive-risk-usa/fiduciary/ "Fiduciary") [3](https://relminsurance.com/lines-of-business/financial-lines-insurance/ "Financial Lines Insurance")
- Confirm whether Relm’s ERISA discretionary-authority insureds match Beazley’s omnibus plan and settlor-capacity wording. [3](https://relminsurance.com/lines-of-business/financial-lines-insurance/ "Financial Lines Insurance") [1](https://www.beazley.com/en-us/products/executive-risk-usa/fiduciary/ "Fiduciary")
- Ask how you apply: Beazley’s fiduciary tools list an ExecuGuard application, while Relm sells through brokers. [1](https://www.beazley.com/en-us/products/executive-risk-usa/fiduciary/ "Fiduciary") [3](https://relminsurance.com/lines-of-business/financial-lines-insurance/ "Financial Lines Insurance")

## Beazley vs Relm Insurance Fiduciary Liability Insurance Compared

| Criteria | Beazley Fiduciary Liability | Relm Fiduciary Liability Insurance |
| --- | --- | --- |
| How to Apply | The Fiduciary page lists a downloadable ExecuGuard application as its Tools & Resources item, rather than a fiduciary-only application. [1](https://www.beazley.com/en-us/products/executive-risk-usa/fiduciary/ "Fiduciary") (Evidence: Company-reported; scope: Fiduciary product page Tools & Resources section as read on 2026-09-23..) | Relm sells fiduciary liability coverage through insurance brokers; its reviewed pages do not describe a direct online quote. [3](https://relminsurance.com/lines-of-business/financial-lines-insurance/ "Financial Lines Insurance") (Evidence: Company-reported; scope: Financial Lines page framing; consistent with Relm's broader broker-distribution model..) |
| 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. [1](https://www.beazley.com/en-us/products/executive-risk-usa/fiduciary/ "Fiduciary") (Evidence: Company-reported; scope: Fiduciary product page description; exclusions and conditions are set by the issued policy..)<br><br>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. [1](https://www.beazley.com/en-us/products/executive-risk-usa/fiduciary/ "Fiduciary") (Evidence: Company-reported; scope: Fiduciary product page sublimit list; these sublimits sit inside, and are lower than, the overall policy limit..)<br><br>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. [1](https://www.beazley.com/en-us/products/executive-risk-usa/fiduciary/ "Fiduciary") (Evidence: Company-reported; scope: Fiduciary product page feature list; actual plan-coverage scope depends on the issued policy wording..) | Relm says fiduciary liability protects plan sponsors, trustees, administrators, investment committees, and directors and officers with 'discretionary authority' under ERISA, covering legal fees, settlement and judgment costs tied to employee benefit plans. [3](https://relminsurance.com/lines-of-business/financial-lines-insurance/ "Financial Lines Insurance") (Evidence: Company-reported; scope: Financial Lines page general description; the issued policy and declarations control..) |
| 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](https://www.beazley.com/en-us/products/executive-risk-usa/fiduciary/ "Fiduciary") [2](https://www.beazley.com/en-us/products/executive-risk-usa/execuguard-combined-epl-do-and-fiduciary "Execuguard (Combined EPL, D&O, and Fiduciary)") (Evidence: Company-reported; scope: US fiduciary liability as described on the two reviewed product pages; does not establish which entity issues a particular policy..) | Relm markets fiduciary liability as a coverage brokers can place for clients that manage employee benefit plans. [3](https://relminsurance.com/lines-of-business/financial-lines-insurance/ "Financial Lines Insurance") (Evidence: Company-reported; scope: Relm line-of-business page (Relm sells through brokers); not a statement identifying the issuing insurer for a given placement..) |

## About Beazley and Relm Insurance and Fiduciary Liability Insurance

- [Beazley company profile](https://spot.insure/insurance-providers/beazley) · [Beazley customer reviews](https://spot.insure/insurance-providers/beazley/reviews)
- [Relm Insurance company profile](https://spot.insure/insurance-providers/relm) · [Relm Insurance customer reviews](https://spot.insure/insurance-providers/relm/reviews)
- [What Is Fiduciary Liability Insurance?](https://spot.insure/coverage/fiduciary)

## Related Pages for Beazley vs Relm Insurance Fiduciary Liability

- [Beazley vs Relm Insurance](https://spot.insure/compare/beazley-vs-relm): all coverage lines, business roles, service and claims.
- [What Is Fiduciary Liability Insurance?](https://spot.insure/coverage/fiduciary): Fiduciary liability can protect your company and plan fiduciaries from covered claims about benefit-plan management; check who is insured and whether administration errors are included.
- [Beazley Fiduciary Liability Insurance](https://spot.insure/insurance-providers/beazley/fiduciary)
- [Relm Insurance Fiduciary Liability Insurance](https://spot.insure/insurance-providers/relm/fiduciary)

## Sources for Beazley vs Relm Insurance Fiduciary Liability Insurance

### Sources About Beazley

1. [Fiduciary](https://www.beazley.com/en-us/products/executive-risk-usa/fiduciary/). Beazley; What we offer: personal liability for individuals running benefit plans; Up to US $20,000,000; How can we help: PPA/ERISA/IRC/PPACA and HIPAA sublimits, omnibus plan language, voluntary-compliance sublimit, settlor-capacity protection, BeazleySure; Tools & Resources: Execuguard application. Accessed 2026-09-23.
2. [Execuguard (Combined EPL, D&O, and Fiduciary)](https://www.beazley.com/en-us/products/executive-risk-usa/execuguard-combined-epl-do-and-fiduciary). Beazley; What we offer: separate or shared limits among EPL, D&O and fiduciary; Limits up to US $20,000,000, both admitted and non-admitted available. Accessed 2026-09-23.

### Sources About Relm Insurance

3. [Financial Lines Insurance](https://relminsurance.com/lines-of-business/financial-lines-insurance/). Relm Insurance; Fiduciary Liability Insurance: What Is Fiduciary Liability Insurance?; Make Sure Benefits Don't Backfire; What Does Fiduciary Insurance Cover?. Accessed 2026-09-23.

Updated 2026-09-29. Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. The comparison applies the same criteria to both providers. [Editorial policy](https://spot.insure/editorial-policy). To suggest a correction, [contact Spot](https://spot.insure/contact) with the page URL and supporting source.

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