Beazley vs 
StartupInsurance.ai: How Do They Compare for Fiduciary Liability Insurance?
Beazley underwrites fiduciary liability for plan administrators; StartupInsurance.ai lists the line in its startup program and offers a free policy check for AI exclusions in fiduciary forms.
StartupInsurance.ai says it checks fiduciary forms for a blanket AI exclusion added by one major carrier; Beazley publishes statutory sublimits and BeazleySure. 1,2,3
What Are the Key Differences Between Beazley and StartupInsurance.ai Fiduciary Liability Insurance?
How to Start a Quote
Beazley provides a downloadable ExecuGuard application. StartupInsurance.ai’s intake lets startups request fiduciary together with D&O, tech E&O and cyber, which can put several company policies into one quote request. 1 4
Form Features Versus Exclusion Screening
Beazley publishes HIPAA and other statutory sublimits, omnibus plan language and settlor-capacity protection. StartupInsurance.ai says one major carrier added a blanket AI exclusion to fiduciary forms, typically at renewal inside an endorsement, and that it checks policies for that exclusion. 1 3
Ongoing Review of Existing Policies
Beazley attaches BeazleySure loss-prevention content to fiduciary policies. StartupInsurance.ai’s free policy check reviews an existing program for AI exclusions within 48 hours and specifically names fiduciary as one of the forms affected by that trend. 1 3
What Should You Confirm in Beazley and StartupInsurance.ai Fiduciary Liability Insurance Quotes?
- Ask StartupInsurance.ai which carrier would issue fiduciary coverage and whether Beazley is available. 3 1
- Confirm whether any AI exclusion StartupInsurance.ai screens for appears on a Beazley specimen. 3 1
- Compare Beazley’s advertised US $20 million limit with the StartupInsurance.ai quote. 1 4
- Ask whether fiduciary is quoted standalone or only with other startup lines on StartupInsurance.ai’s intake. 4
Beazley vs StartupInsurance.ai Fiduciary Liability Insurance Compared
Beazley vs StartupInsurance.ai: Fiduciary Liability Insurance: documented features by provider
| Criteria | Beazley Fiduciary Liability | StartupInsurance.ai 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. 1Company-reported. Fiduciary product page Tools & Resources section as read on 2026-09-23. | "Fiduciary" is one of seven coverage boxes on StartupInsurance.ai's online quote-intake screen, described there as covering "claims related to employee benefit plan management." 4Company-reported. Initial coverage-selection screen of the quote application; does not show the underwriting questions that follow for this line. |
| 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. | StartupInsurance.ai says one major carrier added a blanket AI exclusion to fiduciary forms (along with D&O and E&O), typically arriving at renewal inside an endorsement, and that it checks policies for this exclusion. 3Company-reported. Homepage "wording that still says yes" section; names the exclusion trend industrywide but not the carrier, and does not state whether any StartupInsurance.ai-placed fiduciary policy carries this specific endorsement. |
| 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. | StartupInsurance.ai names fiduciary liability as one of the lines its startup program places, alongside general liability, D&O, tech E&O, cyber, employment practices and crime. 3Company-reported. Homepage "Coverage: What we place" list as read on 2026-09-23. |
| Risk Services | Fiduciary policyholders get free access to BeazleySure, Beazley's online risk-management platform, which the Fiduciary page describes as providing loss-prevention content on employee-benefits topics. 1Company-reported. Fiduciary product page service description; actual entitlements depend on the policy purchased. | StartupInsurance.ai's free policy check reviews an existing program for AI exclusions within 48 hours, and the homepage specifically calls out fiduciary as one of the forms affected by the AI-exclusion trend it checks for. 3Company-reported. Homepage service description; a marketing offer describing what the review covers, not a report on any specific customer's fiduciary policy. |
