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

Corgi makes fiduciary coverage available in Growth Stage and Custom startup packages; Travelers underwrites the protection within Management & Professional Liability and sells it through independent agents.

Corgi’s CORG-FL-0100 shows a $25,000 illustrative retention and excludes settlor acts and government investigations; Travelers describes coverage for employer retirement and health-plan fiduciaries. ^1,⁴

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

Online Startup Quote or Agent-Sold Coverage

Corgi’s CORG-FL-0100 quote is available online in Growth Stage and Custom packages, not Pre-Seed & Seed or Series A. Travelers sells fiduciary through independent agents to financial institutions, nonprofits, private companies and public companies. Choose Corgi if your startup fits its later-stage packages and you want to quote online; choose Travelers if you need coverage for a nonprofit, public company or financial institution. ¹ ² ⁴

Personal ERISA Liability

Corgi focuses on ERISA breach claims such as excessive-fee suits and late deposits. Travelers says the coverage protects companies and individuals who manage a company-sponsored retirement or health plan from claims of mismanagement and personal liability for breach of fiduciary duty under ERISA, including litigation costs and plan-administration errors. ¹ ⁴

Limits and Retentions

Corgi shows illustrative limits of $1 million per claim and $2 million aggregate, with a $25,000 retention. Travelers’ reviewed page does not publish policy limits or retentions; its industry claim-cost examples are context, not policy terms. ¹ ⁴ ¹ ⁴

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

Record the issuing entity: Corgi’s policy documents versus a Travelers affiliate. ³ ⁴
Ask Travelers for its limit and retention; compare with Corgi’s illustrative $1 million/$2 million limits and confirm whether its $25,000 retention applies. ⁴ ¹
If you are a bank or public company, compare Travelers’ stated audiences with Corgi’s startup packages. ⁴ ²
Ask Corgi about settlor and investigation exclusions; Travelers’ public page does not list those form notes. ¹ ⁴

Corgi vs Travelers Fiduciary Liability Insurance Compared

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

Criteria	Corgi Fiduciary Liability	Travelers Fiduciary Liability Insurance
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.	Fiduciary liability coverage is bought through a Travelers independent agent. ⁴Company-reported. Product page "Find an insurance agent" call to action.
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.	Travelers says fiduciary liability coverage protects companies and individuals who manage a company-sponsored retirement or health plan from claims of mismanagement and personal liability for breach of fiduciary duty under ERISA, including litigation costs and errors or omissions in plan administration. ⁴Company-reported. Product page "What Is Fiduciary Liability Insurance?" and "What does fiduciary liability insurance cover?" sections; exact terms and exclusions are set by the issued policy.
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.	Travelers underwrites fiduciary liability insurance as part of its Management & Professional Liability line, sold standalone or alongside other management liability coverages. ⁴Company-reported. Product page general framing; confirmed against the broader Management and Professional Liability Insurance page.
Issuing Insurer	Corgi's fiduciary product page does not name the issuing insurer. Corgi's disclaimers page says coverage on the platform is underwritten by carrier affiliates or third-party partners depending on the product, jurisdiction and risk, and that the specific carrier appears in the issued policy documents. ^1,³Company-reported. Fiduciary product page and general Corgi underwriting disclosure; not specific confirmation of which entity underwrites fiduciary policies.	The product page's video disclosure names Travelers Casualty and Surety Company of America and its property casualty affiliates; the specific issuing entity for a given policy can vary. ⁴Company-reported. Product page video legal footer.