Chubb vs HUB International: How Do They Compare for Fiduciary Liability Insurance?

Chubb underwrites fiduciary liability directly for private companies; HUB International brokers coverage for employers with retirement or health plans and identifies claims involving plan insurers, funds, or administrators.

HUB says D&O does not cover fiduciary liability and targets employers with health or retirement plans; Chubb underwrites the coverage within ForeFront Portfolio 3.0. ^1,³

What Are the Key Differences Between Chubb and HUB International Fiduciary Liability Insurance?

Chubb offers fiduciary within ForeFront for private companies. HUB focuses on employers sponsoring health or retirement plans and describes potential suits by plan participants, the Department of Labor or the Pension Benefit Guaranty Corporation. ¹ ² ³

Packaging With Other Management Lines

Chubb places fiduciary as part of ForeFront, quoted on Chubb Marketplace. HUB states fiduciary liability is not covered by directors and officers policies, so it positions the line as separate rather than assuming a D&O form will respond. ² ³

Claim Scenarios Each Lists

Chubb lists allegations including wrongful denial of benefits, prohibited transactions, conflicts of interest and imprudent selection of service providers. HUB lists scenarios such as a plan insurer, mutual fund or TPA making bad choices, administration errors, benefits denial or reduction, bad advice, insufficient funding, poor investment selection and incorrect plan termination. ¹ ³

Prevention Content

Chubb says policyholders have access to loss-prevention resources and publishes ForeFront fiduciary loss-control materials. HUB publishes a video on preventing fiduciary claims and administrative-error practices, without describing a formal plan-review service, and sends buyers to contact a HUB broker. ² ³

What Should You Confirm in Chubb and HUB International Fiduciary Liability Insurance Quotes?

Ask HUB whether Chubb ForeFront is a market it would approach. ³ ²
Confirm DOL and PBGC litigation HUB mentions against Chubb’s allegation list on the specimen. ³ ¹
Get limits; HUB’s page does not publish them and cites combined defense and settlement costs exceeding $1 million as a risk statistic, not a policy limit. ³ ¹
Ask whether HUB is placing fiduciary separate from D&O even if Chubb quotes both inside ForeFront. ³ ²

Chubb vs HUB International Fiduciary Liability Insurance Compared

Chubb vs HUB International: Fiduciary Liability Insurance: documented features by provider

Criteria	Chubb ForeFront Portfolio 3.0 Fiduciary Liability Insurance	HUB International Fiduciary Liability Insurance Brokerage
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.	HUB targets fiduciary liability brokerage at employers offering health-care or retirement benefit plans who face potential litigation from plan participants, the Department of Labor or the Pension Benefit Guaranty Corporation. ³Company-reported. Product-page target-audience description; not a published underwriting appetite.
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.	HUB directs fiduciary liability prospects to "Connect With a Broker" or "Contact a HUB broker" rather than an online quote or bind flow. ³Company-reported. Product-page calls to action.
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.	HUB lists fiduciary liability claim scenarios it covers as including a plan's insurer, mutual fund or third-party administrator making bad choices, plan administration errors or conflicts of interest, benefits denial, changes or reductions, bad advice or improper counsel, insufficient plan funding, poor investment selection and incorrect plan termination. ³Company-reported. Product-page list of covered claim scenarios; the issued policy's insuring agreement and exclusions control an actual claim. HUB states that fiduciary liability exposure "is not covered by director's and officers' liability policies," positioning fiduciary liability as a separate line from D&O rather than a bundled coverage. ³Company-reported. Product-page statement distinguishing fiduciary liability from 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.	HUB brokers fiduciary liability insurance for employers that sponsor health-care and retirement benefit plans, rather than underwriting the coverage itself. ³Company-reported. Fiduciary liability product page, read 2026-09-23. The page does not name an issuing insurer.
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.	HUB publishes a video on preventing fiduciary liability claims and administrative-error best practices on the product page, but the page does not describe a formal fiduciary risk-management or plan-review service. ³Company-reported. Product-page educational video reference.