Chubb vs Heffernan Insurance Brokers: How Do They Compare for Fiduciary Liability Insurance?

Chubb underwrites fiduciary coverage for private companies through ForeFront Portfolio 3.0; Heffernan Insurance Brokers serves business clients and family offices through its executive-protection practice.

Chubb underwrites ForeFront fiduciary for private companies and names the benefit plan as an insured; Heffernan serves general businesses plus family offices, trustees and financial institutions. ^1,^3,⁴

What Are the Key Differences Between Chubb and Heffernan Insurance Brokers Fiduciary Liability Insurance?

Private-Company Package or Family-Office Services

Chubb includes fiduciary in ForeFront Portfolio 3.0 for privately owned companies. Heffernan’s family-office practice also names trustees, financial institutions and other professional clients, giving those organizations a dedicated route to discuss fiduciary coverage. ¹ ² ⁴

Private Operating Companies Versus Family Offices

Chubb’s private-company underwriters handle ForeFront across industries. Heffernan also sells fiduciary into family offices, trust companies, trustees, financial advisors, private equity firms and foundations, alongside general business clients. A family office that is not a conventional private operating company may be in Heffernan’s documented book even when it is outside the way Chubb describes ForeFront. ¹ ⁴ ³

Who the Policy Names

Chubb says the policy insures the company, executives, employees and the employee benefits plan itself. Heffernan’s family-office page lists fiduciary next to D&O, professional liability, EPL and trustee liability but does not say who is a named insured. You cannot tell from Heffernan’s reviewed pages whether the plan itself is an insured the way Chubb states. ¹ ⁴

How You Get a Quote

Agents and brokers quote and issue ForeFront on Chubb Marketplace. Heffernan’s family-office fiduciary work goes through a named Private Client Group specialist, not a self-serve bind. Limits are also unpublished on Heffernan’s reviewed pages, so the Marketplace quote is where a Chubb number appears; Heffernan’s number comes only after the specialist shops. ² ⁴

What Should You Confirm in Chubb and Heffernan Insurance Brokers Fiduciary Liability Insurance Quotes?

Ask Heffernan whether ForeFront is a market for your private company or family-office structure. ⁴ ²
Confirm the issuing insurer on Heffernan’s placement; its reviewed pages do not name one. ³
Compare Chubb’s named insureds, including the plan, with Heffernan’s family-office wording. ¹ ⁴
Ask how Heffernan’s Risk Management Assessment would sit next to Chubb’s loss-prevention resources. ⁴ ²

Chubb vs Heffernan Insurance Brokers Fiduciary Liability Compared

Chubb vs Heffernan Insurance Brokers: Fiduciary Liability Insurance: documented features by provider

Criteria	Chubb ForeFront Portfolio 3.0 Fiduciary Liability Insurance	Heffernan Fiduciary Liability Insurance
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.	Heffernan offers fiduciary liability to two named segments: general business clients through its business-insurance brokerage, and family offices, trust companies, trustees, financial advisors, private equity firms, foundations, and other financial institutions through its family-office practice. ^3,⁴Company-reported. Direct practice-page listings; no minimum size or asset-under-management threshold was published for the coverage specifically.
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.	The family-office practice's fiduciary-liability coverage is reached through a named Private Client Group specialist contact rather than a self-service online quote flow. ⁴Company-reported. Family Office page as read on 2026-09-23; the general business-insurance page's fiduciary listing routes through Heffernan's general Contact Us form instead.
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.	On the family-office page, fiduciary liability insurance is listed alongside directors and officers, professional liability, employment practices liability, trustee liability, and other management-liability-adjacent lines as coverage the practice can arrange, without describing the policy's insuring agreement or exclusions. ⁴Company-reported. Family Office page as read on 2026-09-23.
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.	Heffernan places fiduciary liability coverage within its general corporate/executive-protection lineup and again within a dedicated family-office and financial-institution practice. It shops and places the coverage with insurers rather than underwriting it. ^3,⁴Company-reported. Business Insurance and Family Office page listings; no dedicated fiduciary-liability product page was found.
Risk Services	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. ^1,²Company-reported. Coverage Highlights Benefits section; ForeFront Portfolio hub page lists a separate Loss Control Services resource.	Heffernan's family-office practice describes a Risk Management Assessment: itemizing a client's structures, assets, and exposures; crafting insurance and risk-management strategies to close coverage gaps; and helping navigate claims, for its fiduciary and financial-institution client base. ⁴Company-reported. Family Office page as read on 2026-09-23; a company-described service, not a measured outcome.