---
title: "Corgi vs Lockton: Fiduciary Liability Insurance"
description: "Corgi’s CORG-FL-0100 covers specified ERISA claims but excludes settlor acts and government investigations; Lockton describes broader typical coverage including some fines when explicitly stated."
canonical: "https://spot.insure/compare/corgi-vs-lockton/fiduciary"
page-type: "line-comparison"
updated-at: "2026-09-29"
comparison-pair: "corgi-vs-lockton"
provider-a: "corgi"
provider-b: "lockton"
coverage-line: "fiduciary"
---
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## Agent Guide
**What this page is:** Focused comparison of Corgi 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 Corgi versus Lockton. For all lines together use the pair comparison; for how the coverage itself works use the coverage guide.
**Questions this page answers:**
- Corgi vs Lockton for Fiduciary Liability Insurance: how do they differ?
- Which is better for Fiduciary Liability Insurance, Corgi or Lockton?
- What does Corgi or Lockton publish about Fiduciary Liability Insurance (limits, eligibility, claims, add-ons)?
**Key facts:**
- Line: Fiduciary Liability Insurance. Providers: Corgi 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:**
- [Corgi vs Lockton](https://spot.insure/compare/corgi-vs-lockton) — all coverage lines for this pair
- [Fiduciary Liability Insurance guide](https://spot.insure/coverage/fiduciary) — how this coverage works
- [Corgi profile](https://spot.insure/insurance-providers/corgi) — provider profile
- [Lockton profile](https://spot.insure/insurance-providers/lockton) — provider profile
# Corgi vs Lockton: How Do They Compare for Fiduciary Liability Insurance?
Corgi includes fiduciary liability in Growth Stage and Custom startup packages and offers an online quote; Lockton brokers policies that can cover the organization, benefit plan, and people managing plan benefits.
Corgi’s CORG-FL-0100 lists exclusions for settlor acts and investigations; Lockton describes typical benefit-law and administration cover, sometimes including stated HIPAA, PPA and ACA fines.
## Corgi vs Lockton Fiduciary Liability Insurance Summary
Corgi’s CORG-FL-0100 covers specified ERISA claims but excludes settlor acts and government investigations; Lockton describes broader typical coverage including some fines when explicitly stated. [1](https://www.corgi.insure/fiduciary-liability "Fiduciary Liability Insurance for Startups") [4](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance")
## What Are the Key Differences Between Corgi and Lockton Fiduciary Liability Insurance?
### Product Versus Brokerage
Corgi offers fiduciary online as a line in its startup packages. Lockton places coverage for companies and people managing benefit plans, describing typical terms but not identifying the insurers it uses. [1](https://www.corgi.insure/fiduciary-liability "Fiduciary Liability Insurance for Startups") [2](https://www.corgi.insure "Corgi Insurance: Startup Insurance, Quoted in Minutes") [4](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance")
### Base Coverage Each Side Describes
Corgi’s standard form (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, ESOPs, and multi-employer plans. Lockton says a typical 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. [1](https://www.corgi.insure/fiduciary-liability "Fiduciary Liability Insurance for Startups") [4](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance")
### Government Investigations as Covered Claims
Corgi says DOL investigations, IRS audits, and HHS inquiries are not covered “Claims” under the standard policy; only a resulting participant lawsuit is a covered claim, and investigation costs themselves are not covered. Lockton’s reviewed fiduciary page does not state whether those government inquiries are treated as covered claims on a typical policy it places. [1](https://www.corgi.insure/fiduciary-liability "Fiduciary Liability Insurance for Startups") [4](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance")
### HIPAA, ACA, and Civil-Penalty Items
Corgi lists optional HIPAA, ERISA civil-penalty and voluntary-compliance endorsements; Lockton says a typical placed form may cover HIPAA, Pension Protection Act and ACA fines only when the wording expressly grants them. [1](https://www.corgi.insure/fiduciary-liability "Fiduciary Liability Insurance for Startups") [4](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance")
## What Should You Confirm in Corgi and Lockton Fiduciary Liability Insurance Quotes?
- Ask Lockton whether HIPAA, ACA, and Pension Protection Act fines are scheduled on the form. [4](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance")
- Ask Corgi whether voluntary-compliance and ERISA civil-penalty endorsements are attached. [1](https://www.corgi.insure/fiduciary-liability "Fiduciary Liability Insurance for Startups")
- Ask both how the issued form treats DOL, IRS, or HHS inquiries and investigation costs. [1](https://www.corgi.insure/fiduciary-liability "Fiduciary Liability Insurance for Startups") [4](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance")
- Ask Lockton who is an insured (organization, plans, spouses, heirs, former-employee consultants, committees) and confirm the same schedule on a Corgi quote. [4](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance") [1](https://www.corgi.insure/fiduciary-liability "Fiduciary Liability Insurance for Startups")
## Corgi vs Lockton Fiduciary Liability Insurance Compared
| Criteria | Corgi Fiduciary Liability | Lockton Fiduciary Liability Insurance Brokerage |
| --- | --- | --- |
| 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. [1](https://www.corgi.insure/fiduciary-liability "Fiduciary Liability Insurance for Startups") (Evidence: Company-reported; scope: 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. [1](https://www.corgi.insure/fiduciary-liability "Fiduciary Liability Insurance for Startups") (Evidence: Company-reported; scope: Fiduciary scenario note 3..) | 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. [4](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 | 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. [2](https://www.corgi.insure "Corgi Insurance: Startup Insurance, Quoted in Minutes") (Evidence: Company-reported; scope: Homepage package contents 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. [4](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 Corgi and Lockton and Fiduciary Liability Insurance
- [Corgi company profile](https://spot.insure/insurance-providers/corgi) · [Corgi customer reviews](https://spot.insure/insurance-providers/corgi/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 Corgi vs Lockton Fiduciary Liability Insurance
- [Corgi vs Lockton](https://spot.insure/compare/corgi-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.
- [Corgi Fiduciary Liability Insurance](https://spot.insure/insurance-providers/corgi/fiduciary)
- [Lockton Fiduciary Liability Insurance](https://spot.insure/insurance-providers/lockton/fiduciary)
## Sources for Corgi vs Lockton Fiduciary Liability Insurance
### Sources About Corgi
1. [Fiduciary Liability Insurance for Startups](https://www.corgi.insure/fiduciary-liability). Corgi Insurance; What's Actually Inside Your Fiduciary Policy (form CORG-FL-0100); Scenario notes; Policy notes; Available Add-ons; FAQ. Accessed 2026-09-23.
2. [Corgi Insurance: Startup Insurance, Quoted in Minutes](https://www.corgi.insure). Corgi Insurance; Coverage Designed Around Your Startup's Journey: Fiduciary Liability listed only in the Growth Stage and Custom Package tiers. Accessed 2026-09-23.
3. [Disclaimers & Licensing](https://www.corgi.insure/disclaimers). Corgi Insurance; About Corgi; How Insurance Is Provided Through Corgi (Underwriting); Specialty Insurance Carrier and Underwriting Disclosures. Accessed 2026-09-23.
### Sources About Lockton
4. [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.
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