What Is Counterpart Insurance?
Counterpart describes a broker-focused platform for small businesses and lists management and professional liability programs. Buyers should compare the named profession, carrier, state, policy wording and any package component on the actual quote. 1,2
What Is HUB International?
HUB suits technology businesses seeking a specialist broker—its practice says it insures more than 5,000 technology companies; qualifying small accounts can use Insureon online, while mid-market buyers need an advisor. 5,6,7
Read the HUB International profile
Read the HUB International Fiduciary Liability Insurance page
What Is Fiduciary Liability Insurance?
Fiduciary liability can protect your company and plan fiduciaries when participants claim mishandling of an employee benefit plan. If you sponsor a retirement or health plan, check who is insured and whether both administration errors and fiduciary-breach claims are addressed. 9,10,11
Key Differences in Fiduciary Liability Insurance
Claim Scenarios
HUB lists claims involving poor insurer or administrator choices, plan-administration errors, conflicts, benefit denials, bad advice, insufficient funding, investment selection, and plan termination. Counterpart’s reviewed claims describe benefit-plan administration and ERISA exposure broadly. Use HUB’s scenarios to ask how Counterpart’s actual form handles vendor selection, underfunding, and plan termination. 3 8
Fiduciary Versus D&O
HUB says fiduciary exposure is not covered by D&O policies and treats fiduciary as a separate line. Counterpart publishes a dedicated fiduciary product page, though its stated limits are illustrative. If you already carry D&O, ask both brokers to show the distinct fiduciary limit and confirm no shared aggregate leaves the plan exposed after another management-liability claim. 3 8
What to Confirm in Fiduciary Liability Insurance Quotes
Review Scores
These averages can combine ratings for different products, locations, and customer groups, including approximate BBB grade conversions. Read each review for the sources, scope, and calculation.
Counterpart
Review Score
No reviews found
We found no independent customer rating of Counterpart, so it has no Review Score. Its Trustpilot page shows no reviews, and BBB has no matching business.[7][10]
Read Counterpart reviewsHUB International
Review Score
2 rated sources
Customers who reviewed HUB on BBB rate it 1 out of 5, but that is only 7 reviews for a very large broker. BBB's own business grade is A-.[7][6]
Read HUB International reviewsOffering Details
Counterpart vs HUB International: Fiduciary Liability Insurance: documented features by provider
| Criteria | Counterpart Fiduciary Liability | HUB International Fiduciary Liability Insurance Brokerage |
|---|---|---|
| Role in This Line | Counterpart describes a producer and surplus-lines broker distributing insurance through wholesale brokers. 1,4Company-reported. This describes Counterpart’s channel and does not identify the issuing insurer for a fiduciary placement. | HUB brokers fiduciary liability insurance for employers that sponsor health-care and retirement benefit plans, rather than underwriting the coverage itself. 8Company-reported. Fiduciary liability product page, read 2026-09-23. The page does not name an issuing insurer. |
| Issuing Insurer | Confirm in your quote. | No insurer is named for fiduciary liability on the product page; the carrier depends on the placement. 8Not found in reviewed sources. Checked the fiduciary liability product page on 2026-09-23. |
| Who It’s For | Counterpart describes employer and benefit-plan contexts on its dedicated Fiduciary Liability page. 3Company-reported. This is product marketing, not proof a given plan, sponsor or fiduciary is eligible. | HUB targets fiduciary liability brokerage at employers offering health-care or retirement benefit plans who face potential litigation from plan participants, the Department of Labor or the Pension Benefit Guaranty Corporation. 8Company-reported. Product-page target-audience description; not a published underwriting appetite. |
| Coverage Features | Counterpart’s fiduciary page addresses benefit-plan administration and ERISA-related exposures. 3Company-reported. The retained product description does not establish the full insured-party definition, ERISA terms or exclusions. | HUB lists fiduciary liability claim scenarios it covers as including a plan's insurer, mutual fund or third-party administrator making bad choices, plan administration errors or conflicts of interest, benefits denial, changes or reductions, bad advice or improper counsel, insufficient plan funding, poor investment selection and incorrect plan termination. 8Company-reported. Product-page list of covered claim scenarios; the issued policy's insuring agreement and exclusions control an actual claim. HUB states that fiduciary liability exposure "is not covered by director's and officers' liability policies," positioning fiduciary liability as a separate line from D&O rather than a bundled coverage. 8Company-reported. Product-page statement distinguishing fiduciary liability from D&O. |
| Limits and Retentions | The page includes illustrative limit examples for fiduciary coverage. 3Company-reported. Figures are examples and are not a quote or guaranteed available limit. | The product page does not publish specific policy limits or retentions; it references that combined defense and settlement costs on fiduciary claims can exceed $1 million as a risk statistic, not a policy limit. 8Not publicly disclosed. Checked the fiduciary liability product page on 2026-09-23; the $1 million figure describes potential exposure, not an offered limit. |
| Risk Services | Confirm in your quote. | HUB publishes a video on preventing fiduciary liability claims and administrative-error best practices on the product page, but the page does not describe a formal fiduciary risk-management or plan-review service. 8Company-reported. Product-page educational video reference. |
| How to Apply | Confirm in your quote. | HUB directs fiduciary liability prospects to "Connect With a Broker" or "Contact a HUB broker" rather than an online quote or bind flow. 8Company-reported. Product-page calls to action. |
Full Comparison
More Counterpart vs HUB International Comparisons
Other Fiduciary Liability Insurance Comparisons
Sources
Counterpart
- Counterpart | Agentic Insurance™. Counterpart, Inc.; Current homepage: Quote Online CTA; brokers/small-business audiences; product list; performance claims; legal/footer qualifications, rendered lines 2–52, 55–70, 98–100, 282–287. Accessed 2026-09-29.
- About Counterpart. Counterpart, Inc.; Carrier disclosure and Our Story; underwriters named at line 13; company focus lines 22–36. Financial-strength note says ratings are as of 2024-02-26. Accessed 2026-09-29.
- Fiduciary Liability Insurance. Counterpart, Inc.; Retained provider source: product page covers plan/employer eligibility, ERISA and plan administration, with examples and illustrative limits; prior access 2026-09-28. Direct reopen timed out in this session. Accessed 2026-09-28.
- How can I get insurance through Counterpart? Counterpart Knowledge Center; Retained source: article describes wholesale-broker referral route; prior access 2026-09-28. Accessed 2026-09-28.
HUB International
- About Us. HUB International; Opening description; 1998 formation of HUB International Limited; 2022 Insureon acquisition; headquarters and employee/office counts. Accessed 2026-09-16.
- Contact Us. HUB International; Business Solutions paths for Commercial Insurance Solutions versus Small Commercial Insurance Solutions via Insureon; office search. Accessed 2026-09-16.
- Insurance for Technology Companies. HUB International; Technology Company Insurance & Risk Management: startup, software, hardware and digital-media introduction; Business Coverage and People Protection lists; technology-client count. Accessed 2026-09-16.
- Fiduciary Liability Insurance Brokers. HUB International; Target audience: employers offering health-care and retirement benefit plans; list of covered claim scenarios; statement distinguishing fiduciary liability from D&O; $1 million defense-and-settlement-cost reference; "Prevent Fiduciary Liability Claims" video; Connect With a Broker / Contact a HUB broker calls to action. Accessed 2026-09-23.
Fiduciary Liability Insurance Guide
- Field Assistance Bulletin No. 2008-04: Guidance Regarding ERISA Fidelity Bonding Requirements. U.S. Department of Labor, Employee Benefits Security Administration; Q2 pp.2–3. Accessed 2026-09-16.
- Fiduciary Liability. Travelers Casualty and Surety Company of America; II.D,J–L pp.2–3; II.A p.1; II.V p.5; Header p.1; II.M p.3; I p.1; III.A.6–8 pp.5–6; II.M.2 p.3; III.B.1 p.6. Accessed 2026-09-16.
- Fiduciary Liability Insurance. Travelers; What Is Fiduciary Liability Insurance? Accessed 2026-09-16.
