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

Corgi places fiduciary liability in Growth Stage and Custom packages and offers an online quote; Gallagher places fiduciary coverage with outside carriers for corporations sponsoring benefit plans and uses risk models.

Corgi offers online fiduciary only in Growth Stage and Custom startup packages with a $25,000 illustrative retention; Gallagher places the line for plan sponsors and uses proprietary models to advise on limits. ^1,⁴

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

Self-Serve Form Versus Advisory Practice

Corgi offers an online quote for its startup fiduciary product. Gallagher’s Executive and Financial Risk practice places the line with outside insurers and advises on limits using proprietary models. ¹ ⁴

Who the Buyer Is

Corgi lists fiduciary only in Growth Stage and Custom packages. Gallagher targets corporations sponsoring retirement or welfare benefit plans, describing protection for ERISA fiduciaries, fiduciary committees, and people who design or implement 401(k) or pension plans. ² ⁴

Investigations and Limit Tools

Corgi says government investigations are not covered claims on the standard form and shows a $25,000 illustrative retention. Gallagher does not publish fiduciary limits; it says it has proprietary models to measure fiduciary risk and assist clients in selecting coverage limits. ¹ ⁴

Insurer Disclosure

Corgi’s disclaimers say the specific carrier appears in issued policy documents. Gallagher’s executive-and-financial-risk page does not name the insurer that would issue a client’s fiduciary policy. ³ ⁴

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

Ask Corgi whether investigation-cost endorsements are available if a DOL exam is a live risk. ¹
Ask Gallagher what limit its models would recommend and which carrier would write it. ⁴
Compare Corgi’s illustrative $1 million / $2 million structure with Gallagher’s unpublished placement limits. ¹ ⁴
Confirm whether Gallagher is placing cover for plan-design personnel (settlor-adjacent roles); Corgi’s standard form excludes settlor acts. ⁴ ¹

Corgi vs Gallagher Fiduciary Liability Insurance Compared

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

Criteria	Corgi Fiduciary Liability	Gallagher Fiduciary Liability Insurance
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.	Gallagher describes fiduciary liability as protecting a corporation's Employee Retirement Income Security Act (ERISA) fiduciaries, fiduciary committees and personnel who design or implement 401(k) or pension plans for employees and retirees. ⁴Company-reported. Group-level executive-and-financial-risk practice page; a service description, not a specific policy's insuring agreement or exclusions.
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.	Gallagher's Executive and Financial Risk practice places fiduciary liability coverage with outside carriers and advises on limits; it does not underwrite the policy. ⁴Company-reported. Group-level executive-and-financial-risk practice page.

Criteria

Corgi Fiduciary Liability

Gallagher Fiduciary Liability Insurance

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.

Gallagher describes fiduciary liability as protecting a corporation's Employee Retirement Income Security Act (ERISA) fiduciaries, fiduciary committees and personnel who design or implement 401(k) or pension plans for employees and retirees. ⁴Company-reported. Group-level executive-and-financial-risk practice page; a service description, not a specific policy's insuring agreement or exclusions.

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.

Gallagher's Executive and Financial Risk practice places fiduciary liability coverage with outside carriers and advises on limits; it does not underwrite the policy. ⁴Company-reported. Group-level executive-and-financial-risk practice page.