Heffernan Insurance Brokers vs Newfront: How Do They Compare for Fiduciary Liability Insurance?

Heffernan Insurance Brokers offers fiduciary coverage through its business and family-office practices; Newfront brokers it for private firms across funding stages and offers 24/7 insurance-program access.

Heffernan serves family offices, trusts and financial institutions; Newfront’s Executive Risk practice works with companies from seed through public stage and addresses excessive-fee claims. ^1,^2,³

What Are the Key Differences Between Heffernan Insurance Brokers and Newfront Fiduciary Liability Insurance?

Family Offices and Trustees Versus Venture-Backed Sponsors

Heffernan names family offices, trust companies, trustees, advisors, private equity, foundations and financial institutions alongside general business clients. Newfront says its Executive Risk practice serves private companies from seed through later funding and has worked with more than 500 public companies, without a fiduciary-specific size cutoff. ² ¹ ³

Excessive-Fee Allegations Versus a Line Listing

Newfront lists Fiduciary among Executive Risk key coverages and says the work includes safeguarding fiduciaries against breach of duty, mismanagement claims and excessive fee allegations. Heffernan’s family-office page lists fiduciary with D&O, professional liability, EPL and trustee liability but does not name excessive-fee suits. ² ³

Assessment and Named Contact Versus Dashboard and Consultation

Heffernan’s family-office fiduciary path uses a Private Client Group specialist and a Risk Management Assessment of structures, assets and exposures. Newfront starts a placement with a consultation request on the Executive Risk page, says clients get 24/7 dashboard access, uses automated renewal data, and describes integrated claims and coverage negotiation across Executive Risk lines. ² ³

Carrier identity and limit amounts stay off both Heffernan’s family-office listing and Newfront’s Executive Risk page. ² ³

What Should You Confirm in Heffernan Insurance Brokers and Newfront Fiduciary Liability Insurance Quotes?

Ask Newfront whether excessive-fee allegations are on the form, not only in the practice description. ³
Ask Heffernan whether trustees and family-office entities are named insureds if that is your structure. ²
Confirm how you will see the program after bind: Newfront’s dashboard versus Heffernan’s specialist contact. ² ³
Get both issuing carriers and whether Deirdre Finn’s team or Heffernan’s Private Client Group is servicing the account. ² ³

Heffernan Insurance Brokers vs Newfront Fiduciary Liability Compared

Heffernan Insurance Brokers vs Newfront: Fiduciary Liability Insurance: documented features by provider

Criteria	Heffernan Fiduciary Liability Insurance	Newfront Fiduciary Liability Insurance
Who It’s For	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. ^1,²Company-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. ³Company-reported. Here for the Long Run section; figures describe the executive-risk practice broadly, not fiduciary liability specifically.
How to Apply	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. ²Company-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. ³Company-reported. Executive Risk page call-to-action; no online quoting or binding described.
Coverage Features	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. ²Company-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. ³Company-reported. Key Coverages list and Committed to Client Advocacy section.
Role in This Line	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. ^1,²Company-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. ³Company-reported. Executive Risk offering page and Leadership section.
Risk Services	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. ²Company-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. ³Company-reported. Industry-Leading Technology section; described across Executive Risk lines, not fiduciary-specific.