HUB International vs Marsh: How Do They Compare for D&O Insurance?

HUB International serves private, public, and nonprofit organizations through its D&O brokerage and claims group; Marsh describes a three-part policy for public-company directors and officers.

HUB and Marsh both broker D&O for private, nonprofit and public companies and name no insurers. HUB's edge is an in-house attorney group that handles your claim from wording review to recovery; Marsh's is a middle-market arm and guidance on ESG-related pressure on directors. ^1,³

What Are the Key Differences Between HUB International and Marsh D&O Insurance?

Claims Attorneys vs a Middle-Market Arm

HUB's ProEx practice says it places more than $2 billion in premium and staffs claims with attorneys from wording review through recovery. ² Marsh places D&O through its financial and professional liability practice, and Marsh McLennan Agency handles middle-market clients. ³ ⁴ Choose HUB if hands-on claims help from attorneys matters most to you; choose Marsh if you are a middle-market company or face ESG scrutiny from investors or regulators.

What Kind of Claim You're Likely to Face

Marsh says public-company directors face more securities suits from shareholders and regulators, while private and nonprofit organizations more often face employment-practices claims, and ESG-related stakeholder scrutiny can add regulatory or litigation pressure. ³ HUB lists who can sue: regulators, donors, clients, suppliers, competitors, employees, shareholders and creditors. ¹

How the Policy Is Built

Marsh explains the three parts: Side A protects directors' personal assets when the company won't indemnify them, Side B reimburses the company, and Side C covers the company itself, generally for securities claims at public companies. ³ HUB groups protection into personal assets, defense in proceedings and workplace suits. ¹

What Should You Confirm in HUB International and Marsh D&O Insurance Quotes?

Ask Marsh whether Side C on your quote covers only securities claims or broader entity claims. ³
Ask HUB which claimant types and employment-related suits the proposed form actually covers. ¹
Ask both whether ESG-related investigations count as D&O claims on the form. ³
Get the carrier, limits and retentions from both in writing. ² ³

HUB International vs Marsh D&O Insurance Compared

HUB International vs Marsh: D&O Insurance: documented features by provider

Criteria	HUB International Directors and Officers Insurance Brokerage	Marsh Directors and Officers Liability (D&O) Insurance
Who It’s For	HUB markets D&O brokerage to three segments: private companies with customer and supplier relationships, nonprofits with advisory boards or committees, and public companies with shareholders. ¹Company-reported. D&O product page target-market description; not an underwriting appetite statement.	Marsh says public company directors and officers typically face more securities-lawsuit exposure from shareholders and regulators, while private and non-profit organizations more often face employment-practices claims from customers, vendors or regulators; directors and officers of all organization types can face cyber-related liability exposure. ³Company-reported. Marsh D&O page, common risks FAQ.
Coverage Features	HUB describes D&O coverage it arranges as addressing three areas: personal asset protection for monetary judgments and settlements from an alleged breach of duty, loyalty or care; defense in civil, criminal, judicial, administrative, regulatory or arbitration proceedings; and workplace and employment protection for breach-of-fiduciary-duty and employment-related suits. ¹Company-reported. Product-page marketing description; the issued policy's insuring agreements, conditions and exclusions control an actual claim. HUB says D&O claims it sees can come from regulators, donors, clients or customers, suppliers, competitors, employees, shareholders and creditors. ¹Company-reported. Product-page list of potential claim sources; not a guarantee of coverage for any specific claimant.	Marsh says D&O insurance typically has three coverage sides: Side A protects directors' and officers' personal assets when the organization cannot or will not indemnify them; Side B reimburses the organization for indemnifying directors and officers; Side C offers balance-sheet protection when the entity itself is named, generally limited to securities claims for public companies. ³Company-reported. Marsh D&O page FAQ; illustrative policy structure, not a specific policy form. Marsh says ESG-related stakeholder scrutiny, covering areas such as carbon emissions, renewable-energy use, labor practices, board diversity and executive compensation, can add regulatory, legislative or litigation pressure on directors and officers beyond traditional D&O exposures. ³Company-reported. Marsh D&O page, What other risks do directors and officers face? section.
Role in This Line	HUB brokers D&O liability coverage for private, nonprofit and public-company clients as part of its ProEx Professional & Executive Risk practice, rather than underwriting the policy itself. ^1,²Company-reported. D&O product page and ProEx coverage list, read 2026-09-23. Neither page names an issuing insurer.	Marsh's financial and professional liability practice places D&O insurance for public, private and non-profit companies; MMA also places D&O coverage within its executive and professional liability practice for middle-market clients. ^3,⁴Company-reported. Marsh D&O page and MMA executive and professional liability page.

Criteria

HUB International Directors and Officers Insurance Brokerage

Marsh Directors and Officers Liability (D&O) Insurance

Who It’s For

HUB markets D&O brokerage to three segments: private companies with customer and supplier relationships, nonprofits with advisory boards or committees, and public companies with shareholders. ¹Company-reported. D&O product page target-market description; not an underwriting appetite statement.

Marsh says public company directors and officers typically face more securities-lawsuit exposure from shareholders and regulators, while private and non-profit organizations more often face employment-practices claims from customers, vendors or regulators; directors and officers of all organization types can face cyber-related liability exposure. ³Company-reported. Marsh D&O page, common risks FAQ.

Coverage Features

HUB describes D&O coverage it arranges as addressing three areas: personal asset protection for monetary judgments and settlements from an alleged breach of duty, loyalty or care; defense in civil, criminal, judicial, administrative, regulatory or arbitration proceedings; and workplace and employment protection for breach-of-fiduciary-duty and employment-related suits. ¹Company-reported. Product-page marketing description; the issued policy's insuring agreements, conditions and exclusions control an actual claim.

HUB says D&O claims it sees can come from regulators, donors, clients or customers, suppliers, competitors, employees, shareholders and creditors. ¹Company-reported. Product-page list of potential claim sources; not a guarantee of coverage for any specific claimant.

Marsh says D&O insurance typically has three coverage sides: Side A protects directors' and officers' personal assets when the organization cannot or will not indemnify them; Side B reimburses the organization for indemnifying directors and officers; Side C offers balance-sheet protection when the entity itself is named, generally limited to securities claims for public companies. ³Company-reported. Marsh D&O page FAQ; illustrative policy structure, not a specific policy form.

Marsh says ESG-related stakeholder scrutiny, covering areas such as carbon emissions, renewable-energy use, labor practices, board diversity and executive compensation, can add regulatory, legislative or litigation pressure on directors and officers beyond traditional D&O exposures. ³Company-reported. Marsh D&O page, What other risks do directors and officers face? section.

Role in This Line

HUB brokers D&O liability coverage for private, nonprofit and public-company clients as part of its ProEx Professional & Executive Risk practice, rather than underwriting the policy itself. ^1,²Company-reported. D&O product page and ProEx coverage list, read 2026-09-23. Neither page names an issuing insurer.

Marsh's financial and professional liability practice places D&O insurance for public, private and non-profit companies; MMA also places D&O coverage within its executive and professional liability practice for middle-market clients. ^3,⁴Company-reported. Marsh D&O page and MMA executive and professional liability page.