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

Coalition distributes fiduciary as one of four Executive Risks coverages through appointed brokers only; Heffernan Insurance Brokers serves business clients and family offices with executive-protection coverage.

Coalition publishes asset and employee caps for its fiduciary program; Heffernan also serves family offices, trust companies, trustees and financial institutions but does not publish fiduciary limits. ^1,^3,⁴

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

Executive Risks Program Versus Shopped Placement

Coalition offers fiduciary as one of four Executive Risks coverages. Heffernan places the line through corporate and executive-protection brokerage and a family-office and financial-institution practice; its reviewed pages do not publish fiduciary limits. ¹ ³ ⁴

Not-for-Profit Caps Versus Trustees and Foundations

Coalition’s appetite is private and not-for-profit U.S. organizations in all 50 states and D.C., up to 1,000 employees and $500 million in assets and plan assets. Heffernan offers fiduciary to general business clients and to family offices, trust companies, trustees, financial advisors, private equity firms, foundations and other financial institutions. ¹ ⁴ ³

Limits on File

Coalition says limits up to $10 million per line may be available. Heffernan’s reviewed pages do not publish a fiduciary limit, retention or premium range. ¹ ³

How You Start and What Services Attach

Coalition sells only through appointed brokers. Heffernan routes family-office fiduciary work through a Private Client Group specialist and describes a Risk Management Assessment that itemizes structures, assets and exposures; Coalition’s reviewed Executive Risks pages do not describe a comparable assessment product. ¹ ⁴

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

Ask Heffernan whether Coalition is a market for your private, NFP or family-office structure. ⁴ ¹
Check Coalition’s 1,000-employee and $500 million caps if that program is quoted. ¹
Compare Coalition’s $10 million per-line figure with Heffernan’s quoted market. ¹ ³
Get Coalition’s Zurich admitted versus non-admitted issuer. ²

Coalition vs Heffernan Insurance Brokers Fiduciary Liability Compared

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

Criteria	Coalition Executive Risks — Fiduciary Liability	Heffernan Fiduciary Liability Insurance
Who It’s For	Coalition says Executive Risks products, including fiduciary liability, are available to private and not-for-profit U.S. organizations in all 50 states and Washington, D.C., with up to $500 million in assets, up to 1,000 employees, and up to $500 million in plan assets. ¹Company-reported. Executive Risks FAQ as read on 2026-09-23; the plan-assets cap is directly relevant to fiduciary eligibility.	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	Coalition distributes Executive Risks, including fiduciary liability, only through appointed insurance brokers rather than direct to buyers. ¹Company-reported. Executive Risks product page as read on 2026-09-23.	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	Coalition says fiduciary liability provides coverage for claims of mismanagement of employee benefits and pension plans. ¹Company-reported. Executive Risks product page as read on 2026-09-23; exclusions and limitations apply per the page footer, and the issued policy controls actual terms.	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	Coalition designs and distributes fiduciary liability as one of four coverages in its Executive Risks product suite, sold through appointed brokers. ¹Company-reported. Executive Risks product page as read on 2026-09-23.	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.