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

Coalition distributes fiduciary as one of four Executive Risks coverages through appointed brokers only; Marsh places policies for retirement-plan sponsors that typically cover defense costs, damages, judgments, and settlements.

Coalition’s fiduciary program has published organization size caps; Marsh FINPRO advises retirement-plan sponsors and says a typical policy does not cover contractual promises to pay benefits due. ^1,³

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

Executive Risks Versus FINPRO Placement

Coalition offers fiduciary within Executive Risks. Marsh’s FINPRO practice places the line for retirement-plan sponsors and fiduciaries and advises on limits and carrier selection. ¹ ³ ⁴

Contractual Liability Point

Coalition describes coverage for mismanagement of employee benefits and pension plans. Marsh says a typical fiduciary policy covers defense costs, damages, judgments and settlements from breach of duty or from negligence, errors or omissions in administering a plan, but does not cover contractual liability, so it cannot guarantee a plan’s obligation to pay benefits due. ¹ ³

Size Caps Versus Typical Insureds

Coalition limits the product to private and not-for-profit U.S. organizations up to 1,000 employees and $500 million in assets and plan assets. Marsh says a typical policy insures the sponsor organization, the benefit plans it operates, and plan fiduciaries who are directors, officers or employees of the sponsor. ¹ ³

Limits and Advocacy

Coalition says limits up to $10 million per line may be available, with Zurich admitted or non-admitted unaffiliated paper. Marsh describes identifying red flags in fiduciary controls, building programs from limit assessment to carrier selection, and claims advocates helping from the onset. ¹ ² ³

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

Ask Marsh whether Coalition Executive Risks is a carrier it would select inside the published caps. ³ ¹
Confirm how Marsh’s contractual-liability point appears on a Coalition specimen. ³ ¹
Compare Coalition’s $10 million per-line figure with Marsh’s recommended limit. ¹ ³
Ask how Marsh claims advocacy would work with Coalition’s appointed-broker claims path. ³ ¹

Coalition vs Marsh Fiduciary Liability Insurance Compared

Coalition vs Marsh: Fiduciary Liability Insurance: documented features by provider

Criteria	Coalition Executive Risks — Fiduciary Liability	Marsh 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.	Marsh says a fiduciary liability policy typically insures the sponsor organization, the benefit plans it operates, and plan fiduciaries who are directors, officers or employees of the plan sponsor. ³Company-reported. Fiduciary liability page, Who is covered? FAQ.
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.	Marsh says a fiduciary liability policy typically covers defense costs, damages, judgments and settlements from a fiduciary's breach of duty or from negligence, errors or omissions in administering a benefit plan, but does not cover contractual liability, so it cannot guarantee a plan's obligation to pay benefits due. ³Company-reported. Fiduciary liability page FAQs; illustrative policy description, not a specific policy 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. ¹Company-reported. Executive Risks product page as read on 2026-09-23.	Marsh's FINPRO (financial and professional) practice places fiduciary liability insurance for retirement plan sponsors and fiduciaries; MMA also lists fiduciary coverage within its executive and professional liability practice. ^3,⁴Company-reported. Marsh fiduciary liability page and MMA executive and professional liability page.