Corgi vs Embroker: How Do They Compare for Fiduciary Liability Insurance?

Corgi sells fiduciary liability in Growth Stage and Custom startup packages, with illustrative limits up to $1 million per claim; Embroker sells a standalone policy and publishes its own limits and exclusions.

Corgi shows $1M/$2M illustrative limits and a $25,000 retention but excludes government investigations; Embroker advertises up to $20M limits and $500–$2,500 typical annual premiums. ^1,⁴

What Are the Key Differences Between Corgi and Embroker Fiduciary Liability Insurance?

Limits and Price Ranges on the Product Pages

Corgi illustrates $1 million per claim and $2 million aggregate, with defense inside the limit and a $25,000 retention. Embroker says its policies can cover up to $20 million and typically cost $500 to $2,500 per year, based mainly on plan assets, selected limit and service-provider quality. ¹ ⁴

Exclusions Each Page Names

Corgi’s standard form excludes settlor acts (plan design, amendment, or termination), ESOPs, and multi-employer plans. Embroker says the policy excludes criminal activity such as embezzlement, outside advisors or administrators hired to manage the plans, and failure to fund a plan in accordance with ERISA. ¹ ⁴

New Plans and Who Needs the Line

Corgi places fiduciary only in later startup packages. Embroker targets companies that provide medical, dental, vision or other benefits, or retirement plans or stock options, and says very small businesses without benefit plans generally do not need the coverage; it also says most newly created or acquired plans get automatic coverage. ² ⁴

Both Quote Online, Different Investigation Treatment

Both Corgi and Embroker offer an online fiduciary quote. Corgi states DOL investigations, IRS audits, and HHS inquiries are not covered claims on the standard form; Embroker’s reviewed page does not describe investigation costs that way. ¹ ⁴

What Should You Confirm in Corgi and Embroker Fiduciary Liability Insurance Quotes?

Match plan assets to Embroker’s $20 million upper figure and to Corgi’s illustrative $1 million / $2 million structure. ⁴ ¹
Ask Corgi about settlor, ESOP, and multi-employer exclusions; ask Embroker about the funding-failure exclusion if contributions have been late. ¹ ⁴
Confirm whether Embroker would bind standalone fiduciary or bundle it with D&O and EPL. ⁴
Ask both whether a newly acquired plan is automatically insured, which Embroker states for most new or acquired plans. ⁴

Corgi vs Embroker Fiduciary Liability Insurance Compared

Corgi vs Embroker: Fiduciary Liability Insurance: documented features by provider

Criteria	Corgi Fiduciary Liability	Embroker Fiduciary Liability Insurance
Limits and Retentions	Corgi shows illustrative fiduciary limits of up to $1 million per claim and $2 million aggregate, with defense costs inside the limit and a $25,000 per-claim self-insured retention. ¹Company-reported. Fiduciary coverage table, described as illustrative.	Embroker says fiduciary liability premiums typically range from $500 to $2,500 per year and that policies can cover as much as $20 million, driven mainly by total plan assets under management, the policy limit and the quality of service providers. ⁴Company-reported. Product-page 'What does Fiduciary Liability cost?' section; actual pricing and limits depend on underwriting.
How to Apply	You request a Fiduciary quote through Corgi's online "Get a Fiduciary quote" flow, the same self-serve path Corgi uses for its other startup lines. ¹Company-reported. Fiduciary product page call to action.	Embroker offers an online quote for fiduciary liability through its digital platform. ⁴Company-reported. Product-page 'Quick quotes' feature description; no quote was requested during this research.
Coverage Features	The standard policy (CORG-FL-0100) is claims-made and covers ERISA breach-of-fiduciary-duty claims such as excessive-fee litigation, plan administration errors and late deposit of employee contributions, but excludes settlor acts (plan design, amendment or termination decisions), ESOPs and multi-employer plans from the standard form. ¹Company-reported. Fiduciary coverage table and scenario/policy notes; illustrative summary, not policy wording. Corgi says DOL investigations, IRS audits and HHS inquiries are not covered "Claims" under the standard fiduciary policy; only a resulting participant lawsuit is a covered claim, and investigation costs themselves are not covered. ¹Company-reported. Fiduciary scenario note 3.	Embroker lists coverage for errors and omissions in administering benefit plans and imprudent selection of investments or third-party service providers, and says most newly created or acquired plans get automatic coverage. ⁴Company-reported. Product-page What's covered section; the issued policy and declarations control. Embroker says the policy excludes criminal activity such as embezzlement, outside advisors or administrators hired to manage the benefit plans, and failure to fund a plan in accordance with ERISA. ⁴Company-reported. Product-page What's not included section.
Role in This Line	Corgi sells Fiduciary Liability as part of its Growth Stage and Custom startup packages; it is not included in the Pre-Seed & Seed or Series A package tiers, unlike CGL, D&O, Tech E&O and Cyber. ²Company-reported. Homepage package contents as read on 2026-09-23.	Embroker sells fiduciary liability as a standalone policy and says it is most commonly bundled with directors and officers and employment practices liability coverage. ⁴Company-reported. Product-page description; not a statement about the issuing insurer.