CFC vs 
Travelers: How Do They Compare for Management Liability Insurance?
Travelers underwrites a suite of separately named products marketed to public, private and nonprofit companies, bought through an independent agent; CFC offers one combined US package of D&O, EPL, fiduciary and crime.
Companies seeking a bundled management policy with executive cyber and K&R can consider CFC, except California-based or U.S. public firms; Travelers lets eligible organizations buy lines separately or combine them. 1,2,5
What Are the Key Differences Between CFC and Travelers Management Liability Insurance?
Who Qualifies: Private Non-California Firms vs Almost Anyone
CFC declines U.S. public companies and California-domiciled businesses for its management-liability package. Travelers markets its suite to private and public companies, nonprofits, financial institutions and professional-services firms of all sizes. Choose Travelers if you're public, based in California, a nonprofit or a financial institution; choose CFC if you're a private company elsewhere that wants a broad bundle from one insurer. 2 5
Fixed Bundle With Extras vs Lines You Can Split
CFC sells D&O, employment practices, fiduciary and crime together, not separately, and includes executive cyber, kidnap and ransom, executive reputation protection and court attendance costs; it also sells Side A DIC excess cover for directors personally. Travelers sells separately named products, including CyberRisk, E&O, nonprofit D&O and financial-institution lines, that you can buy alone or put on one policy. If you only need D&O, Travelers lets you buy just that. 1 2 5
What Should You Confirm in CFC and Travelers Management Liability Insurance Quotes?
- If you're public or based in California, CFC will decline you. 2 5
- Ask Travelers which products sit on one policy and which are separate contracts. 5
- Ask CFC which package parts, such as executive cyber or K&R, are actually on your quote. 2
- Get limits, retentions and the insurer from both. You reach CFC through its U.S. management-liability team and Travelers through an independent agent. 2 1 5
CFC vs Travelers Management Liability Insurance Compared
CFC vs Travelers: Management Liability Insurance: documented features by provider
| Criteria | CFC Management Liability | Travelers Management and Professional Liability Insurance |
|---|---|---|
| Who It’s For | CFC's brochure lists California-domiciled business and US publicly traded companies among the risks it declines for this package, and lists industries it favors, including manufacturing and distribution, technology, professional services, architects and engineers, and non-profits. 2Company-reported. Brochure's 'What we like' and 'What we decline' lists; underwriting still applies to any individual business, and the list is not exhaustive. | Travelers markets this suite to private companies, public companies, nonprofit organizations, financial institutions and professional services companies of all sizes. 5Company-reported. Product page introduction. |
| Coverage Features | CFC describes the package as covering directors and officers liability, employment practices liability, fiduciary liability, crime, executive cyber, kidnap and ransom, and executive reputation protection, plus court attendance costs. 1,2Company-reported. Brochure's opening description and 'What else is in the policy?' list; the actual policy wording and any endorsements control what a given buyer receives. | The suite Travelers lists under management and professional liability includes CyberRisk, directors & officers, employment practices, ERISA fidelity, errors & omissions, fidelity & crime, fiduciary liability, financial institutions bond, identity fraud expense reimbursement, kidnap & ransom, nonprofit D&O, and financial-institution-specific professional liability and property & casualty coverage. 5Company-reported. Product page "Select a product" list; each product's specific terms are set by its own policy. |
| Role in This Line | CFC sells directors and officers, employment practices, fiduciary and crime coverage together in one US Management Liability package rather than as separate standalone products. CFC separately sells Side A DIC, an excess product for directors and officers only. 1,2Company-reported. CFC's US management-liability product page and January 2026 brochure; package composition as CFC describes it, not an issued policy. | Travelers underwrites management and professional liability as a suite of separately named products that a business can buy standalone or combine on a single policy. 5Company-reported. Product page introduction and "Choose either stand-alone coverage or a suite of coverages on a single policy" statement. |
