Gallagher vs Relm Insurance Fiduciary Liability Insurance

Gallagher's Executive and Financial Risk practice places fiduciary liability coverage with outside carriers and advises on limits; it does not underwrite the policy. ³Company-reported. Group-level executive-and-financial-risk practice page.

Relm markets fiduciary liability as a coverage brokers can place for clients that manage employee benefit plans. ⁸Company-reported. Relm line-of-business page (Relm sells through brokers); not a statement identifying the issuing insurer for a given placement.

The executive-and-financial-risk page does not name the insurer that would issue a given client's fiduciary liability policy. ³Not publicly disclosed. Checked the group-level executive-and-financial-risk practice page.

The reviewed page does not name a specific issuing insurer for fiduciary liability placements. ⁸Not publicly disclosed. Line-of-business page as read on 2026-09-23; a specific placement's insurer is product- and jurisdiction-specific.

Gallagher targets this coverage at corporations sponsoring retirement or welfare benefit plans, since the described exposure is tied specifically to ERISA fiduciary duties. ³Company-reported. Group-level executive-and-financial-risk practice page.

Relm targets companies that manage employee benefit plans such as pensions or health insurance, specifically calling out startups and growth-stage companies that introduce benefits early to attract talent. ⁸Company-reported. Financial Lines page framing; not a guarantee of eligibility for a particular company.

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. ³Company-reported. Group-level executive-and-financial-risk practice page; a service description, not a specific policy's insuring agreement or exclusions.

Relm says fiduciary liability protects plan sponsors, trustees, administrators, investment committees, and directors and officers with 'discretionary authority' under ERISA, covering legal fees, settlement and judgment costs tied to employee benefit plans. ⁸Company-reported. Financial Lines page general description; the issued policy and declarations control.

The page does not publish specific fiduciary liability limits or premium ranges beyond describing its proprietary limit-selection models. ³Not publicly disclosed. Checked the group-level executive-and-financial-risk practice page.

Not described in the reviewed sources.

Gallagher says it has proprietary models to measure fiduciary risk and assist clients in selecting coverage limits. ³Company-reported. Group-level executive-and-financial-risk practice page.

The reviewed fiduciary liability page does not describe dedicated plan-administration review or risk-control services beyond the general coverage description. ⁸Not found in reviewed sources. Financial Lines page as read on 2026-09-23.

Not described in the reviewed sources.

Relm sells fiduciary liability coverage through insurance brokers; its reviewed pages do not describe a direct online quote. ⁸Company-reported. Financial Lines page framing; consistent with Relm's broader broker-distribution model.