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

Gallagher brokers fiduciary coverage for corporations sponsoring benefit plans and uses proprietary risk models; HUB International serves employers with retirement or health-care plans and describes benefit-plan claim scenarios.

Gallagher uses proprietary models to help select fiduciary limits; HUB lists claim scenarios from administrator errors to incorrect plan termination and says D&O does not cover fiduciary exposure. ^1,²

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

Limit Selection Versus Claim-Scenario Catalogue

Gallagher says its proprietary models measure fiduciary risk and assist clients in selecting limits, without publishing figures. HUB also omits policy limits, but lists claim scenarios including administrator mistakes, benefit reductions and incorrect plan termination. ¹ ²

ERISA Designers Versus DOL and PBGC Claimants

Gallagher describes protection for a corporation’s ERISA fiduciaries, committees, and personnel who design or implement 401(k) or pension plans. HUB targets employers offering health-care or retirement plans who may face litigation from participants, the Department of Labor, or the Pension Benefit Guaranty Corporation. ¹ ²

Relation to D&O

HUB states that fiduciary exposure is not covered by directors and officers policies. Gallagher’s reviewed executive-risk page describes fiduciary as its own placement and limit-advice exercise; it does not make that D&O contrast in the fiduciary section. Both are brokers, not issuers, and neither page names a carrier. ² ¹

How You Engage

HUB sends prospects to connect with a broker and hosts a prevention video. Gallagher’s page is a practice overview rather than a self-serve quote. ² ¹

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

Ask Gallagher what limit its model produced and compare it with HUB’s proposed schedule. ¹ ²
Confirm fiduciary is not folded into D&O, matching HUB’s statement. ²
Check whether DOL or PBGC actions are treated as covered claims. ²
Get both issuing insurers. ¹ ²

Gallagher vs HUB International Fiduciary Liability Insurance Compared

Gallagher vs HUB International: Fiduciary Liability Insurance: documented features by provider

Criteria	Gallagher Fiduciary Liability Insurance	HUB International Fiduciary Liability Insurance Brokerage
Who It’s For	Gallagher targets this coverage at corporations sponsoring retirement or welfare benefit plans, since the described exposure is tied specifically to ERISA fiduciary duties. ¹Company-reported. Group-level executive-and-financial-risk practice page.	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. ²Company-reported. Product-page target-audience description; not a published underwriting appetite.
Coverage Features	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. ¹Company-reported. Group-level executive-and-financial-risk practice page; a service description, not a specific policy's insuring agreement 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. ²Company-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. ²Company-reported. Product-page statement distinguishing fiduciary liability from D&O.
Role in This Line	Gallagher's Executive and Financial Risk practice places fiduciary liability coverage with outside carriers and advises on limits; it does not underwrite the policy. ¹Company-reported. Group-level executive-and-financial-risk practice page.	HUB brokers fiduciary liability insurance for employers that sponsor health-care and retirement benefit plans, rather than underwriting the coverage itself. ²Company-reported. Fiduciary liability product page, read 2026-09-23. The page does not name an issuing insurer.
Risk Services	Gallagher says it has proprietary models to measure fiduciary risk and assist clients in selecting coverage limits. ¹Company-reported. Group-level executive-and-financial-risk practice page.	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. ²Company-reported. Product-page educational video reference.