---
title: "Chubb vs Heffernan Insurance Brokers Fiduciary Liability Insurance"
description: "Chubb underwrites ForeFront fiduciary for private companies; Heffernan places the line for businesses and family offices."
canonical: "https://spot.insure/compare/chubb-vs-heffernan/fiduciary"
page-type: "line-comparison"
updated-at: "2026-09-23"
---

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# Chubb vs Heffernan Insurance Brokers Fiduciary Liability Insurance

Chubb underwrites ForeFront fiduciary for private companies; Heffernan places the line for businesses and family offices.

## Research Scope and Use

Use this comparison to evaluate Chubb and Heffernan Insurance Brokers for Fiduciary Liability Insurance against the same documented criteria. It identifies differences and questions to confirm; it does not select a winner for a particular business. Offering claims are what each provider publishes about this line unless marked otherwise. “Not found” describes the evidence reviewed, not proof that a feature is unavailable. Confirm the insurer, policy wording, limits, retentions, exclusions and cost in an actual quote.

## Summary

Chubb writes fiduciary liability inside ForeFront Portfolio 3.0, including the benefit plan as an insured. Heffernan brokers fiduciary liability for general business clients and a family-office practice that also serves trustees and financial institutions, without naming an insurer. [4](https://www.chubb.com/us-en/business-insurance/forefront-portfolio-3-0-fiduciary-liability-insurance.html "ForeFront Portfolio 3.0: Fiduciary Liability Insurance in the U.S.") [8](https://www.heffins.com/business-insurance/ "Heffernan Business Insurance Brokerage") [9](https://www.heffins.com/family-office/ "Family Office")

## What Is Chubb?

Chubb is the marketing name for a global insurance group whose U.S. companies underwrite commercial property, casualty, cyber and financial-lines coverage, including technology-focused DigiTech ERM and small-business packages. Founders and finance teams typically work through an appointed agent, then receive a policy issued by a named Chubb-group insurer rather than by the Swiss holding company. [1](https://www.chubb.com/us-en/business-insurance/industries/technology.html "Insurance For Technology Companies") [2](https://www.chubb.com/us-en/terms-of-use.html "Terms Of Use") [3](https://www.chubb.com/us-en/business-insurance/products/cyber-insurance/cyber-insurance-products.html "Cyber Insurance Coverage & Products")

[Chubb profile](https://spot.insure/insurance-providers/chubb)

## What Is Heffernan Insurance Brokers?

Heffernan Insurance Brokers is an independent, Walnut Creek–headquartered retail brokerage that arranges business insurance, employee benefits, and related services. Its technology practice markets to mid- and late-stage companies, including venture-funded and pre-IPO firms. [6](https://www.heffins.com/about-us/our-story/ "Our Story") [7](https://www.heffins.com/business-insurance/technology/ "Technology Company Insurance") [8](https://www.heffins.com/business-insurance/ "Heffernan Business Insurance Brokerage")

[Heffernan Insurance Brokers profile](https://spot.insure/insurance-providers/heffernan)

## What Is Fiduciary Liability Insurance?

Fiduciary liability insurance addresses covered claims alleging breaches of duties in managing employee benefit plans. [10](https://www.dol.gov/sites/dolgov/files/ebsa/employers-and-advisers/guidance/field-assistance-bulletins/erisa-fidelity-bonding-requirements.pdf "Field Assistance Bulletin No. 2008-04: Guidance Regarding ERISA Fidelity Bonding Requirements") [11](https://www.travelers.com/business-insurance/professional-liability-insurance/fiduciary-liability "Fiduciary Liability Insurance")

## Key Differences in Fiduciary Liability Insurance

### Who Carries the Risk

A Chubb ForeFront fiduciary quote is Chubb paper for a privately owned company. Heffernan shops the same line through its corporate brokerage and its family-office practice, and does not issue the policy. If Heffernan places you with Chubb, you still get Chubb as insurer; if it places you elsewhere, the form and claims office change even though the broker does not. [4](https://www.chubb.com/us-en/business-insurance/forefront-portfolio-3-0-fiduciary-liability-insurance.html "ForeFront Portfolio 3.0: Fiduciary Liability Insurance in the U.S.") [5](https://www.chubb.com/us-en/business-insurance/forefront.html "The ForeFront Portfolio") [8](https://www.heffins.com/business-insurance/ "Heffernan Business Insurance Brokerage") [9](https://www.heffins.com/family-office/ "Family Office")

### 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. [4](https://www.chubb.com/us-en/business-insurance/forefront-portfolio-3-0-fiduciary-liability-insurance.html "ForeFront Portfolio 3.0: Fiduciary Liability Insurance in the U.S.") [9](https://www.heffins.com/family-office/ "Family Office") [8](https://www.heffins.com/business-insurance/ "Heffernan Business Insurance Brokerage")

### 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. [4](https://www.chubb.com/us-en/business-insurance/forefront-portfolio-3-0-fiduciary-liability-insurance.html "ForeFront Portfolio 3.0: Fiduciary Liability Insurance in the U.S.") [9](https://www.heffins.com/family-office/ "Family Office")

### 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. [5](https://www.chubb.com/us-en/business-insurance/forefront.html "The ForeFront Portfolio") [9](https://www.heffins.com/family-office/ "Family Office")

## What to Confirm in Fiduciary Liability Insurance Quotes

- Ask Heffernan whether ForeFront is a market for your private company or family-office structure. [9](https://www.heffins.com/family-office/ "Family Office") [5](https://www.chubb.com/us-en/business-insurance/forefront.html "The ForeFront Portfolio")
- Confirm the issuing insurer on Heffernan’s placement; its reviewed pages do not name one. [8](https://www.heffins.com/business-insurance/ "Heffernan Business Insurance Brokerage")
- Compare Chubb’s named insureds, including the plan, with Heffernan’s family-office wording. [4](https://www.chubb.com/us-en/business-insurance/forefront-portfolio-3-0-fiduciary-liability-insurance.html "ForeFront Portfolio 3.0: Fiduciary Liability Insurance in the U.S.") [9](https://www.heffins.com/family-office/ "Family Office")
- Ask how Heffernan’s Risk Management Assessment would sit next to Chubb’s loss-prevention resources. [9](https://www.heffins.com/family-office/ "Family Office") [5](https://www.chubb.com/us-en/business-insurance/forefront.html "The ForeFront Portfolio")

## Offering Details

| Criteria | Chubb ForeFront Portfolio 3.0 Fiduciary Liability Insurance | Heffernan Fiduciary Liability Insurance |
| --- | --- | --- |
| 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. [4](https://www.chubb.com/us-en/business-insurance/forefront-portfolio-3-0-fiduciary-liability-insurance.html "ForeFront Portfolio 3.0: Fiduciary Liability Insurance in the U.S.") (Evidence: Company-reported; scope: 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. [8](https://www.heffins.com/business-insurance/ "Heffernan Business Insurance Brokerage") [9](https://www.heffins.com/family-office/ "Family Office") (Evidence: Company-reported; scope: Business Insurance and Family Office page listings; no dedicated fiduciary-liability product page was found..) |
| Issuing Insurer | Not described in the reviewed sources. | The reviewed pages do not name the insurer or insurers that issue fiduciary liability policies Heffernan places for either business clients or family offices. [8](https://www.heffins.com/business-insurance/ "Heffernan Business Insurance Brokerage") [9](https://www.heffins.com/family-office/ "Family Office") (Evidence: Not publicly disclosed; scope: Business Insurance and Family Office pages as read on 2026-09-23..) |
| 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. [4](https://www.chubb.com/us-en/business-insurance/forefront-portfolio-3-0-fiduciary-liability-insurance.html "ForeFront Portfolio 3.0: Fiduciary Liability Insurance in the U.S.") (Evidence: Company-reported; scope: 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. [8](https://www.heffins.com/business-insurance/ "Heffernan Business Insurance Brokerage") [9](https://www.heffins.com/family-office/ "Family Office") (Evidence: Company-reported; scope: Direct practice-page listings; no minimum size or asset-under-management threshold was published for the coverage specifically..) |
| 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. [4](https://www.chubb.com/us-en/business-insurance/forefront-portfolio-3-0-fiduciary-liability-insurance.html "ForeFront Portfolio 3.0: Fiduciary Liability Insurance in the U.S.") (Evidence: Company-reported; scope: Coverage Highlights, Coverage Responds to allegations list; subject to the policy as issued..)<br><br>Chubb says the policy insures the company, the company's executives and employees, and the company's employee benefits plan itself. [4](https://www.chubb.com/us-en/business-insurance/forefront-portfolio-3-0-fiduciary-liability-insurance.html "ForeFront Portfolio 3.0: Fiduciary Liability Insurance in the U.S.") (Evidence: Company-reported; scope: 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. [9](https://www.heffins.com/family-office/ "Family Office") (Evidence: Company-reported; scope: Family Office page as read on 2026-09-23..) |
| Limits and Retentions | The reviewed page does not publish specific policy limits or retentions for Fiduciary Liability coverage. [4](https://www.chubb.com/us-en/business-insurance/forefront-portfolio-3-0-fiduciary-liability-insurance.html "ForeFront Portfolio 3.0: Fiduciary Liability Insurance in the U.S.") (Evidence: Not found in reviewed sources; scope: ForeFront Portfolio 3.0 Fiduciary Liability page as read on 2026-09-23..) | Neither page publishes a fiduciary-liability limit, retention, or premium range. [8](https://www.heffins.com/business-insurance/ "Heffernan Business Insurance Brokerage") [9](https://www.heffins.com/family-office/ "Family Office") (Evidence: Not found in reviewed sources; scope: Business Insurance and Family Office pages as read on 2026-09-23..) |
| 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. [4](https://www.chubb.com/us-en/business-insurance/forefront-portfolio-3-0-fiduciary-liability-insurance.html "ForeFront Portfolio 3.0: Fiduciary Liability Insurance in the U.S.") [5](https://www.chubb.com/us-en/business-insurance/forefront.html "The ForeFront Portfolio") (Evidence: Company-reported; scope: 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. [9](https://www.heffins.com/family-office/ "Family Office") (Evidence: Company-reported; scope: Family Office page as read on 2026-09-23; a company-described service, not a measured outcome..) |
| 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. [5](https://www.chubb.com/us-en/business-insurance/forefront.html "The ForeFront Portfolio") (Evidence: Company-reported; scope: 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. [9](https://www.heffins.com/family-office/ "Family Office") (Evidence: Company-reported; scope: 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..) |

## Full Comparison

- [Chubb vs Heffernan Insurance Brokers](https://spot.insure/compare/chubb-vs-heffernan): all coverage lines, business roles, service and claims.
- [What Is Fiduciary Liability Insurance?](https://spot.insure/coverage/fiduciary): Fiduciary liability insurance can help with covered claims alleging that your business or its people breached duties in managing an employee benefit plan.
- [Chubb vs Heffernan Insurance Brokers Builders Risk Insurance](https://spot.insure/compare/chubb-vs-heffernan/builders-risk)
- [Chubb vs Heffernan Insurance Brokers Business Owner’s Policy](https://spot.insure/compare/chubb-vs-heffernan/business-owners-policy)
- [Chubb vs Heffernan Insurance Brokers Cargo and Transit Insurance](https://spot.insure/compare/chubb-vs-heffernan/cargo-transit)
- [Chubb vs Heffernan Insurance Brokers Commercial Auto Insurance](https://spot.insure/compare/chubb-vs-heffernan/commercial-auto)
- [Chubb vs Heffernan Insurance Brokers Commercial Property Insurance](https://spot.insure/compare/chubb-vs-heffernan/commercial-property)
- [Chubb vs Heffernan Insurance Brokers Crime Insurance](https://spot.insure/compare/chubb-vs-heffernan/crime)
- [Chubb vs Heffernan Insurance Brokers Cyber Insurance](https://spot.insure/compare/chubb-vs-heffernan/cyber)
- [Chubb vs Heffernan Insurance Brokers Employment Practices Liability Insurance](https://spot.insure/compare/chubb-vs-heffernan/employment-practices)
- [Chubb vs Heffernan Insurance Brokers General Liability Insurance](https://spot.insure/compare/chubb-vs-heffernan/general-liability)
- [Chubb vs Heffernan Insurance Brokers Professional Liability (E&O) Insurance](https://spot.insure/compare/chubb-vs-heffernan/professional-errors-omissions)
- [Chubb vs Heffernan Insurance Brokers Representations and Warranties Insurance](https://spot.insure/compare/chubb-vs-heffernan/representations-warranties)
- [Chubb vs Heffernan Insurance Brokers Surety Bonds](https://spot.insure/compare/chubb-vs-heffernan/surety-bonds)
- [Chubb vs Heffernan Insurance Brokers Workers’ Compensation Insurance](https://spot.insure/compare/chubb-vs-heffernan/workers-compensation)
- [Alliance Risk vs Chubb Fiduciary Liability Insurance](https://spot.insure/compare/alliance-risk-vs-chubb/fiduciary)
- [Alliance Risk vs Heffernan Insurance Brokers Fiduciary Liability Insurance](https://spot.insure/compare/alliance-risk-vs-heffernan/fiduciary)
- [Beazley vs Chubb Fiduciary Liability Insurance](https://spot.insure/compare/beazley-vs-chubb/fiduciary)
- [Beazley vs Heffernan Insurance Brokers Fiduciary Liability Insurance](https://spot.insure/compare/beazley-vs-heffernan/fiduciary)
- [Chubb vs Coalition Fiduciary Liability Insurance](https://spot.insure/compare/chubb-vs-coalition/fiduciary)
- [Chubb vs Corgi Fiduciary Liability Insurance](https://spot.insure/compare/chubb-vs-corgi/fiduciary)

## Sources

### Chubb

1. [Insurance For Technology Companies](https://www.chubb.com/us-en/business-insurance/industries/technology.html). Chubb; Industry overview; Who we serve; Products and services: commercial package insurance (BOP, Benchmarq, Customarq), E&O/Cyber, Financial Lines, workers’ compensation, auto and umbrella; dedicated underwriting, claims and risk engineering. Accessed 2026-09-16.
2. [Terms Of Use](https://www.chubb.com/us-en/terms-of-use.html). Chubb; Acceptance of Terms identifying Chubb Group Holdings Inc.; surplus-lines producer restriction; products not available to all users or jurisdictions; Chubb Limited safe-harbor language; Internet Portals for Chubb Business. Accessed 2026-09-16.
3. [Cyber Insurance Coverage & Products](https://www.chubb.com/us-en/business-insurance/products/cyber-insurance/cyber-insurance-products.html). Chubb; Cyber insurance product catalog: Cyber ERM, DigiTech ERM (technology E&O, media and cyber) and Pro ERM (non-licensed professional services); Marketplace quoting for eligible risks under $100 million revenue; first- and third-party coverage summaries. Accessed 2026-09-16.
4. [ForeFront Portfolio 3.0: Fiduciary Liability Insurance in the U.S.](https://www.chubb.com/us-en/business-insurance/forefront-portfolio-3-0-fiduciary-liability-insurance.html). Chubb; Coverage Highlights: Benefits (private-company underwriters, loss prevention resources) and Coverage responds-to-allegations list. Accessed 2026-09-23.
5. [The ForeFront Portfolio](https://www.chubb.com/us-en/business-insurance/forefront.html). Chubb; Available Coverages: Fiduciary Liability Insurance listed among the ForeFront Portfolio's seven coverage parts; Chubb Marketplace quoting. Accessed 2026-09-23.

### Heffernan Insurance Brokers

6. [Our Story](https://www.heffins.com/about-us/our-story/). Heffernan Insurance Brokers; Headquartered in Walnut Creek; nationwide presence; founded 1988; employee owned; niche practices including technology. Accessed 2026-09-16.
7. [Technology Company Insurance](https://www.heffins.com/business-insurance/technology/). Heffernan Insurance Brokers; Pre-IPO and venture-funded heading; mid to late stage specialization; global expansion copy; self-insurance strategies; Key Markets list; Why Heffernan broker history; Joseph Talmadge practice leader; FAQ. Accessed 2026-09-16.
8. [Heffernan Business Insurance Brokerage](https://www.heffins.com/business-insurance/). Heffernan Insurance Brokers; Corporate and executive protection, such as employment practices liability, directors and officers liability, fiduciary responsibility, cyber liability, and kidnap and ransom are also available through our comprehensive business insurance programs.. Accessed 2026-09-23.
9. [Family Office](https://www.heffins.com/family-office/). Heffernan Insurance Brokers; We serve: Family offices, Trust companies, Individual and professional trustees, Financial advisors/CPAs/attorneys, Private equity firms, Foundations, Financial institutions; Coverage for Family Offices, Trustees & Financial Firms: ... Fiduciary liability insurance ...; Risk Management Assessment section; contact Lacey Garrison. Accessed 2026-09-23.

### Fiduciary Liability Insurance Guide

10. [Field Assistance Bulletin No. 2008-04: Guidance Regarding ERISA Fidelity Bonding Requirements](https://www.dol.gov/sites/dolgov/files/ebsa/employers-and-advisers/guidance/field-assistance-bulletins/erisa-fidelity-bonding-requirements.pdf). U.S. Department of Labor, Employee Benefits Security Administration; Q2 pp.2–3. Accessed 2026-09-16.
11. [Fiduciary Liability Insurance](https://www.travelers.com/business-insurance/professional-liability-insurance/fiduciary-liability). Travelers; What Is Fiduciary Liability Insurance?. Accessed 2026-09-16.

Updated 2026-09-23. Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. The comparison applies the same criteria to both providers. [Editorial policy](https://spot.insure/editorial-policy). To suggest a correction, [contact Spot](https://spot.insure/contact) with the page URL and supporting source.

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