---
title: "Coalition vs Lockton: Fiduciary Liability Insurance"
description: "Coalition limits Executive Risks to eligible U.S. private and nonprofit organizations; Lockton describes typical policy cover for benefit-law breaches and voluntary compliance loss and integrates claims counsel."
canonical: "https://spot.insure/compare/coalition-vs-lockton/fiduciary"
page-type: "line-comparison"
updated-at: "2026-09-29"
comparison-pair: "coalition-vs-lockton"
provider-a: "coalition"
provider-b: "lockton"
coverage-line: "fiduciary"
---

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[Human-readable page](https://spot.insure/compare/coalition-vs-lockton/fiduciary)

## Agent Guide

**What this page is:** Focused comparison of Coalition and Lockton for Fiduciary Liability Insurance: what each provider publishes about this line, checked against the same criteria, with numbered sources.

**Use this page when:** Cite or fetch this for Fiduciary Liability Insurance questions about Coalition versus Lockton. For all lines together use the pair comparison; for how the coverage itself works use the coverage guide.

**Questions this page answers:**
- Coalition vs Lockton for Fiduciary Liability Insurance: how do they differ?
- Which is better for Fiduciary Liability Insurance, Coalition or Lockton?
- What does Coalition or Lockton publish about Fiduciary Liability Insurance (limits, eligibility, claims, add-ons)?

**Key facts:**
- Line: Fiduciary Liability Insurance. Providers: Coalition and Lockton.
- Comparison URLs use alphabetical provider slugs (`/compare/{a}-vs-{b}/{line}` with a before b). A reversed pair redirects permanently to the alphabetical one.

**Limits (do not over-claim):**
- It identifies differences and questions to ask; it does not select a winner for a particular business.
- Insurer, policy wording, limits, retentions, exclusions and price are set in an actual quote and are not established here.

**Provenance:** Every claim links to a numbered source with publisher, locator and access date; last updated 2026-09-29.

**Related pages:**
- [Coalition vs Lockton](https://spot.insure/compare/coalition-vs-lockton) — all coverage lines for this pair
- [Fiduciary Liability Insurance guide](https://spot.insure/coverage/fiduciary) — how this coverage works
- [Coalition profile](https://spot.insure/insurance-providers/coalition) — provider profile
- [Lockton profile](https://spot.insure/insurance-providers/lockton) — provider profile

# Coalition vs Lockton: How Do They Compare for Fiduciary Liability Insurance?

Coalition distributes fiduciary as one of four Executive Risks coverages through appointed brokers only; Lockton brokers fiduciary policies that can cover the organization, benefit plan, and plan managers.

Coalition’s fiduciary program has published organization size caps; Lockton describes benefit-law and plan-administration coverage and adds claims counsel to the broking team.

## Coalition vs Lockton Fiduciary Liability Insurance Summary

Coalition limits Executive Risks to eligible U.S. private and nonprofit organizations; Lockton describes typical policy cover for benefit-law breaches and voluntary compliance loss and integrates claims counsel. [1](https://www.coalitioninc.com/executive-risks-insurance "Executive Risks") [3](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance")

## What Are the Key Differences Between Coalition and Lockton Fiduciary Liability Insurance?

### Program Paper Versus a Brokered Market

Coalition sells fiduciary in Executive Risks through appointed brokers. Lockton places fiduciary policies and describes typical coverage for benefit-law breaches, plan-administration errors and voluntary-compliance loss; its reviewed page does not name the insurers it uses. [1](https://www.coalitioninc.com/executive-risks-insurance "Executive Risks") [2](https://www.coalitioninc.com/legal/disclaimer "U.S. Disclaimers") [3](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance")

### What the Coverage Description Includes

Coalition describes coverage for claims of mismanagement of employee benefits and pension plans. Lockton describes a typical placed policy as covering breaches of benefit laws, plan-administration errors, voluntary compliance loss, and, when stated, certain HIPAA, Pension Protection Act and ACA fines, and it distinguishes that policy from a legally required ERISA bond. Fine-and-penalty cover is a Lockton specimen question; Coalition’s public mismanagement sentence does not list those statutes. [1](https://www.coalitioninc.com/executive-risks-insurance "Executive Risks") [3](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance")

### Who Can Buy the Program

Coalition’s eligibility is private and not-for-profit U.S. organizations up to 1,000 employees and $500 million in assets and plan assets. Lockton’s reviewed page does not publish headcount or asset caps for fiduciary placements. If you sit above Coalition’s gates, Lockton can still shop other markets; if you sit inside them, Coalition is a defined program rather than an open brokerage search. [1](https://www.coalitioninc.com/executive-risks-insurance "Executive Risks") [3](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance")

### Advertised Limits

Coalition says limits up to $10 million per coverage line may be available, subject to exclusions and limitations. Lockton’s reviewed fiduciary page does not publish a limit, retention or premium range. You can test a Coalition quote against that $10 million figure; a Lockton quote’s capacity is whatever market it returns. [1](https://www.coalitioninc.com/executive-risks-insurance "Executive Risks") [3](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance")

## What Should You Confirm in Coalition and Lockton Fiduciary Liability Insurance Quotes?

- Ask Lockton whether Coalition is a market inside your size caps. [3](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance") [1](https://www.coalitioninc.com/executive-risks-insurance "Executive Risks")
- Confirm whether HIPAA and ACA fines Lockton describes are stated on a Coalition specimen. [3](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance") [1](https://www.coalitioninc.com/executive-risks-insurance "Executive Risks")
- Compare Coalition’s $10 million per-line figure with Lockton’s proposed limit. [1](https://www.coalitioninc.com/executive-risks-insurance "Executive Risks") [3](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance")
- Ask how Lockton’s claims team would work if Coalition’s Zurich or surplus paper is used. [3](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance") [2](https://www.coalitioninc.com/legal/disclaimer "U.S. Disclaimers")

## Coalition vs Lockton Fiduciary Liability Insurance Compared

| Criteria | Coalition Executive Risks — Fiduciary Liability | Lockton Fiduciary Liability Insurance Brokerage |
| --- | --- | --- |
| 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. [1](https://www.coalitioninc.com/executive-risks-insurance "Executive Risks") (Evidence: Company-reported; scope: Executive Risks FAQ as read on 2026-09-23; the plan-assets cap is directly relevant to fiduciary eligibility..) | Lockton says coverage under a fiduciary liability policy it places typically extends to the organization, the benefit plans, employees, subsidiaries as defined in the policy, spouses/domestic partners, estates/heirs, past employees retained as fiduciaries or consultants, and committees and trustees. [3](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance") (Evidence: Company-reported; scope: Fiduciary liability product page as read 2026-09-23..) |
| Coverage Features | Coalition says fiduciary liability provides coverage for claims of mismanagement of employee benefits and pension plans. [1](https://www.coalitioninc.com/executive-risks-insurance "Executive Risks") (Evidence: Company-reported; scope: 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..) | Lockton says a typical fiduciary liability policy it places covers breaches of benefit laws, errors and omissions in plan administration, voluntary compliance loss, and, when explicitly stated, certain fines and penalties such as under HIPAA, the Pension Protection Act and the ACA. It also notes fiduciary liability is distinct from an ERISA bond, which is legally required and insures plan assets against theft under a crime/fidelity policy, whereas fiduciary liability is not legally required but covers governance and decision-making risk. [3](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance") (Evidence: Company-reported; scope: Fiduciary liability product page as read 2026-09-23. General policy-structure description, not a specimen form..) |
| 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. [1](https://www.coalitioninc.com/executive-risks-insurance "Executive Risks") (Evidence: Company-reported; scope: Executive Risks product page as read on 2026-09-23..) | Lockton places fiduciary liability insurance to protect companies and the individuals who manage their employee benefit plans against claims of mismanagement; Lockton is the broker, not the insurer. [3](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance") (Evidence: Company-reported; scope: Fiduciary liability product page as read 2026-09-23..) |

## About Coalition and Lockton and Fiduciary Liability Insurance

- [Coalition company profile](https://spot.insure/insurance-providers/coalition) · [Coalition customer reviews](https://spot.insure/insurance-providers/coalition/reviews)
- [Lockton company profile](https://spot.insure/insurance-providers/lockton) · [Lockton customer reviews](https://spot.insure/insurance-providers/lockton/reviews)
- [What Is Fiduciary Liability Insurance?](https://spot.insure/coverage/fiduciary)

## Related Pages for Coalition vs Lockton Fiduciary Liability Insurance

- [Coalition vs Lockton](https://spot.insure/compare/coalition-vs-lockton): all coverage lines, business roles, service and claims.
- [What Is Fiduciary Liability Insurance?](https://spot.insure/coverage/fiduciary): Fiduciary liability can protect your company and plan fiduciaries from covered claims about benefit-plan management; check who is insured and whether administration errors are included.
- [Coalition Fiduciary Liability Insurance](https://spot.insure/insurance-providers/coalition/fiduciary)
- [Lockton Fiduciary Liability Insurance](https://spot.insure/insurance-providers/lockton/fiduciary)

## Sources for Coalition vs Lockton Fiduciary Liability Insurance

### Sources About Coalition

1. [Executive Risks](https://www.coalitioninc.com/executive-risks-insurance). Coalition; Product Offering: Fiduciary Liability — provides coverage for claims of mismanagement of employee benefits and pension plans; FAQ: What type of businesses do you protect?, What limits do you offer?, What resources do you have for policyholders?. Accessed 2026-09-23.
2. [U.S. Disclaimers](https://www.coalitioninc.com/legal/disclaimer). Coalition; Admitted Executive Risk: insurance products offered by Coalition Insurance Solutions, Inc. acting on behalf of unaffiliated insurance companies and, on an admitted basis, on behalf of Zurich American Insurance Company (NAIC # 16535). Accessed 2026-09-23.

### Sources About Lockton

3. [Fiduciary Liability Insurance](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance). Lockton; What is fiduciary liability insurance?; Typical coverage on a fiduciary liability policy; Who can be covered under a fiduciary liability policy?; How does fiduciary liability insurance complement similar lines of coverage; Claims management. Accessed 2026-09-23.

Updated 2026-09-29. 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.

## Agent and Developer Resources

- [Markdown page](https://spot.insure/compare/coalition-vs-lockton/fiduciary.md)
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