Chubb vs 
Cowbell: How Do They Compare for Fiduciary Liability Insurance?
Chubb underwrites fiduciary insurance directly for private companies; Cowbell distributes a Zurich-underwritten module to private firms under 250 employees and $50 million in assets only through insurance brokers appointed by Zurich, not directly to businesses.
Cowbell’s Zurich Select Plus fiduciary module is limited to private firms under 250 employees and $50 million in assets; Chubb offers ForeFront fiduciary for privately owned companies without a stated cap. 1,3,4
What Are the Key Differences Between Chubb and Cowbell Fiduciary Liability Insurance?
Chubb Marketplace or Appointed Wholesaler
Chubb ForeFront fiduciary is quoted through agents and brokers on Chubb Marketplace. Cowbell’s Select Plus module is available only through appointed Zurich wholesalers, so your Cowbell broker must use that distribution route. 2 3 4
Size Caps Versus Private-Company Appetite
Chubb describes private-company underwriters across the U.S. experienced in a broad spectrum of industries, without a published headcount cap on the reviewed page. Cowbell targets the fiduciary module at private companies with under 250 employees and under $50 million in assets, in industries listed for Select Plus such as manufacturing and technology. 1 3
Coverage Descriptions
Chubb lists detailed allegation types and says the policy insures the company, executives, employees and the benefit plan. Cowbell describes fiduciary liability as protecting against claims from breaches of fiduciary duties related to employee benefit plans such as a 401(k) or health plan. 1 3
Access and Claims Language
Chubb agents and brokers quote ForeFront through Chubb Marketplace, and Chubb publishes fiduciary loss-control materials. Cowbell’s fiduciary module is accessed only by appointed Zurich E&S wholesalers through the Cowbell API, not sold directly to businesses; both Cowbell and Zurich describe Select Plus as backed by Zurich Claims service, without a fiduciary-specific consulting service on the reviewed pages. 2 3 4
What Should You Confirm in Chubb and Cowbell Fiduciary Liability Insurance Quotes?
- Confirm whether you must go through a Zurich E&S wholesaler for Cowbell, versus a ForeFront agent for Chubb. 3 2
- Check Cowbell’s 250-employee and $50 million asset caps against your company; Chubb’s reviewed page does not state those numbers. 3 1
- Get the issuing entity: Zurich admitted paper on Select Plus versus the Chubb ForeFront issuer. 4 1
- Compare limits; neither Cowbell nor Chubb publishes fiduciary limit amounts on the reviewed pages. 3 1
Chubb vs Cowbell Fiduciary Liability Insurance Compared
Chubb vs Cowbell: Fiduciary Liability Insurance: documented features by provider
| Criteria | Chubb ForeFront Portfolio 3.0 Fiduciary Liability Insurance | Cowbell / Zurich Select Plus Fiduciary Liability |
|---|---|---|
| Who It’s For | Chubb says private-company underwriters located across the U.S. handle this product and are experienced in a broad spectrum of industries. 1Company-reported. Coverage Highlights, Benefits section. | Cowbell targets this fiduciary module at private companies with under 250 employees and under $50M in assets, across the same target industries listed for the broader Select Plus product, such as manufacturing and technology. 3Company-reported. FAQ 'What size accounts are targeted?' and Target industries list. |
| How to Apply | Fiduciary Liability coverage is placed as part of the ForeFront Portfolio, which agents and brokers can quote and issue through Chubb Marketplace. 2Company-reported. ForeFront Portfolio hub page quoting section. | This fiduciary module is accessed only by appointed Zurich E&S wholesalers through the Cowbell platform's API; it is not sold directly to businesses. 3Company-reported. FAQ 'How can I access the Zurich Select Plus management liability product through Cowbell?'. |
| Coverage Features | Chubb lists coverage responding to allegations including wrongful denial or improper change in benefits, error or omission in plan administration, improper advice or counsel, prohibited transactions, failure to administer a plan according to its documents, conflict of interest, and imprudent investment or selection/monitoring of third-party service providers. 1Company-reported. Coverage Highlights, Coverage Responds to allegations list; subject to the policy as issued. Chubb says the policy insures the company, the company's executives and employees, and the company's employee benefits plan itself. 1Company-reported. Coverage Highlights list. | Cowbell describes fiduciary liability as protecting against claims arising from breaches of fiduciary duties related to employee benefit plans, such as a company's 401(k) or health plan. 3Company-reported. FAQ 'What is the difference between management liability and D&O?'. |
| Role in This Line | Chubb underwrites Fiduciary Liability insurance directly through ForeFront Portfolio 3.0, designed to protect a privately owned company, its fiduciaries and its benefit plans against personal liability for errors, omissions or breaches of fiduciary duty related to benefit plans. 1Company-reported. ForeFront Portfolio 3.0 Fiduciary Liability product page. | Fiduciary liability is one module within Cowbell's distribution of Zurich's Select Plus management liability product; Cowbell operates the platform, Zurich underwrites the module. Zurich's own page lists 'Fiduciary Liability' as one of the four modules a buyer can combine. 3,4Company-reported. Management liability page intro and module list; Zurich page module-name section. |
