Corgi vs 
Marsh: How Do They Compare for Fiduciary Liability Insurance?
Corgi sells fiduciary coverage in Growth Stage and Custom startup packages with published example limits; Marsh places policies for retirement-plan sponsors and describes typical defense and settlement coverage.
Corgi offers fiduciary only in later-stage startup packages and excludes investigation costs; Marsh FINPRO places coverage for plan sponsors and supports claims advocacy. 1,4
What Are the Key Differences Between Corgi and Marsh Fiduciary Liability Insurance?
Platform Product Versus FINPRO Placement
Corgi sells fiduciary as a later-stage startup package line with an online quote. Marsh’s FINPRO practice places coverage for retirement-plan sponsors and fiduciaries, while Marsh McLennan Agency also lists fiduciary in its executive and professional liability lineup. 2 1 4 5
What the Policy Will Not Pay
Corgi’s standard form excludes settlor acts, ESOPs, and multi-employer plans and does not treat government investigations as covered claims. Marsh says a typical policy covers defense costs, damages, judgments, and settlements from a fiduciary’s breach of duty or from negligence in administering a benefit plan, but does not cover contractual liability, so it cannot guarantee a plan’s obligation to pay benefits due. 1 4
Services Around Placement
Corgi’s reviewed fiduciary page does not describe plan-compliance reviews beyond optional HIPAA, ERISA civil-penalty, and voluntary-compliance endorsements. Marsh says FINPRO helps clients identify red flags in fiduciary controls, builds programs from limit assessment to carrier selection, and provides claims advocacy from the outset. 1 4
Limits You Can See
Corgi publishes illustrative $1 million / $2 million limits and a $25,000 retention. Marsh’s reviewed pages do not publish fiduciary limits or name an insurer; Marsh describes advising on limit assessment and carrier selection. 1 4
What Should You Confirm in Corgi and Marsh Fiduciary Liability Insurance Quotes?
- Ask Marsh whether contractual-liability wording would leave unpaid benefits outside the policy, separate from Corgi’s investigation-cost gap. 4 1
- Ask Corgi which endorsements sit on the quote. 1
- Ask Marsh which carrier it would select and what limit assessment it used. 4
- Confirm who is insured: Marsh typically includes the sponsor, the plans, and employee fiduciaries who are directors, officers, or employees. 4
Corgi vs Marsh Fiduciary Liability Insurance Compared
Corgi vs Marsh: Fiduciary Liability Insurance: documented features by provider
| Criteria | Corgi Fiduciary Liability | Marsh 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. | 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. 4Company-reported. Fiduciary liability page FAQs; illustrative policy description, not a specific policy 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. 2Company-reported. Homepage package contents 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. 4,5Company-reported. Marsh fiduciary liability page and MMA executive and professional liability page. |
