Heffernan Insurance Brokers vs Newfront Fiduciary Liability Insurance

Heffernan places fiduciary liability coverage within its general corporate/executive-protection lineup and again within a dedicated family-office and financial-institution practice. It shops and places the coverage with insurers rather than underwriting it. ^3,4Company-reported. Business Insurance and Family Office page listings; no dedicated fiduciary-liability product page was found.

Newfront's Executive Risk practice brokers fiduciary liability coverage, negotiating placement for management-liability lines. Deirdre Finn, the Executive Risk Solutions Practice Leader, oversees the D&O, employment-practices and fiduciary book of business. ⁹Company-reported. Executive Risk offering page and Leadership section.

The reviewed pages do not name the insurer or insurers that issue fiduciary liability policies Heffernan places for either business clients or family offices. ^3,4Not publicly disclosed. Business Insurance and Family Office pages as read on 2026-09-23.

The reviewed Executive Risk page does not name the insurer or insurers that would issue a fiduciary liability policy placed through Newfront. ⁹Not publicly disclosed. Executive Risk page as read on 2026-09-23; carrier depends on the specific placement.

Heffernan offers fiduciary liability to two named segments: general business clients through its business-insurance brokerage, and family offices, trust companies, trustees, financial advisors, private equity firms, foundations, and other financial institutions through its family-office practice. ^3,4Company-reported. Direct practice-page listings; no minimum size or asset-under-management threshold was published for the coverage specifically.

Newfront says it services private companies from seed round through every series of funding and has worked with over 500 publicly traded companies, without a fiduciary-specific eligibility threshold. ⁹Company-reported. Here for the Long Run section; figures describe the executive-risk practice broadly, not fiduciary liability specifically.

On the family-office page, fiduciary liability insurance is listed alongside directors and officers, professional liability, employment practices liability, trustee liability, and other management-liability-adjacent lines as coverage the practice can arrange, without describing the policy's insuring agreement or exclusions. ⁴Company-reported. Family Office page as read on 2026-09-23.

Newfront lists Fiduciary among its Executive Risk Key Coverages, and says its work includes "safeguarding fiduciaries against breach of duty, mismanagement claims, and excessive fee allegations" for benefit-plan decision makers. ⁹Company-reported. Key Coverages list and Committed to Client Advocacy section.

Neither page publishes a fiduciary-liability limit, retention, or premium range. ^3,4Not found in reviewed sources. Business Insurance and Family Office pages as read on 2026-09-23.

The reviewed Executive Risk page does not publish fiduciary-liability limits or retentions. ⁹Not publicly disclosed. Executive Risk page as read on 2026-09-23.

Heffernan's family-office practice describes a Risk Management Assessment: itemizing a client's structures, assets, and exposures; crafting insurance and risk-management strategies to close coverage gaps; and helping navigate claims, for its fiduciary and financial-institution client base. ⁴Company-reported. Family Office page as read on 2026-09-23; a company-described service, not a measured outcome.

Newfront says clients get 24/7 access to their insurance program through its connected dashboard, and that renewal submissions use automated, pre-populated historical data. ⁹Company-reported. Industry-Leading Technology section; described across Executive Risk lines, not fiduciary-specific.

The family-office practice's fiduciary-liability coverage is reached through a named Private Client Group specialist contact rather than a self-service online quote flow. ⁴Company-reported. Family Office page as read on 2026-09-23; the general business-insurance page's fiduciary listing routes through Heffernan's general Contact Us form instead.

You start a fiduciary liability placement by requesting a consultation through Newfront's Executive Risk page. ⁹Company-reported. Executive Risk page call-to-action; no online quoting or binding described.

Not described in the reviewed sources.

Newfront says it provides "integrated claims and coverage negotiation" for its Executive Risk lines, which would apply to a fiduciary liability claim. ⁹Company-reported. The Newfront Difference section; described across Executive Risk lines, not a fiduciary-specific claims workflow.