Chubb vs Embroker Fiduciary Liability Insurance

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. ⁴Company-reported. ForeFront Portfolio 3.0 Fiduciary Liability product page.

Embroker sells fiduciary liability as a standalone policy and says it is most commonly bundled with directors and officers and employment practices liability coverage. ⁹Company-reported. Product-page description; not a statement about the issuing insurer.

Chubb says private-company underwriters located across the U.S. handle this product and are experienced in a broad spectrum of industries. ⁴Company-reported. Coverage Highlights, Benefits section.

Embroker targets companies that provide medical, dental, vision or other benefits, or that offer retirement plans or stock options, and says very small businesses without benefit plans generally don't need the coverage. ⁹Company-reported. Product-page eligibility description; not a guarantee of coverage for a particular business.

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. ⁴Company-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. ⁴Company-reported. Coverage Highlights list.

Embroker lists coverage for errors and omissions in administering benefit plans and imprudent selection of investments or third-party service providers, and says most newly created or acquired plans get automatic coverage. ⁹Company-reported. Product-page What's covered section; the issued policy and declarations control.

Embroker says the policy excludes criminal activity such as embezzlement, outside advisors or administrators hired to manage the benefit plans, and failure to fund a plan in accordance with ERISA. ⁹Company-reported. Product-page What's not included section.

The reviewed page does not publish specific policy limits or retentions for Fiduciary Liability coverage. ⁴Not found in reviewed sources. ForeFront Portfolio 3.0 Fiduciary Liability page as read on 2026-09-23.

Embroker says fiduciary liability premiums typically range from $500 to $2,500 per year and that policies can cover as much as $20 million, driven mainly by total plan assets under management, the policy limit and the quality of service providers. ⁹Company-reported. Product-page 'What does Fiduciary Liability cost?' section; actual pricing and limits depend on underwriting.

Chubb says Fiduciary Liability policyholders have access to loss-prevention resources, and separately publishes Fiduciary Liability Insurance Loss Control Services materials within the ForeFront Portfolio. ^4,5Company-reported. Coverage Highlights Benefits section; ForeFront Portfolio hub page lists a separate Loss Control Services resource.

The reviewed fiduciary liability page does not describe dedicated risk-control or plan-administration review services beyond general references to the Embroker Resource Hub and chat support. ⁹Not found in reviewed sources. Product page as read on 2026-09-23.

Fiduciary Liability coverage is placed as part of the ForeFront Portfolio, which agents and brokers can quote and issue through Chubb Marketplace. ⁵Company-reported. ForeFront Portfolio hub page quoting section.

Embroker offers an online quote for fiduciary liability through its digital platform. ⁹Company-reported. Product-page 'Quick quotes' feature description; no quote was requested during this research.