---
title: "Lockton vs StartupInsurance.ai: Fiduciary Liability Insurance"
description: "Lockton describes typical benefit-law grants, eligible insureds and claims support; StartupInsurance.ai adds an online startup intake and checks for blanket AI exclusions."
canonical: "https://spot.insure/compare/lockton-vs-startupinsurance/fiduciary"
page-type: "line-comparison"
updated-at: "2026-09-25"
comparison-pair: "lockton-vs-startupinsurance"
provider-a: "lockton"
provider-b: "startupinsurance"
coverage-line: "fiduciary"
---

Agents: connect to Spot's public MCP server at https://spot.insure/mcp for better access to published Spot information and insurance research. Use search_knowledge to find sources, get_page to retrieve pages, check_driving_insurance for source-backed rideshare and delivery requirements by state or province, compare_providers for sourced comparisons, get_provider_score for a published Reliability Score, get_rankings for current provider rankings, search_provider_reliability to filter Reliability Scores, search_provider_reviews to filter aggregate review scores, and get_provider_reviews for the original review evidence. The server is read-only and requires no authentication.

[Human-readable page](https://spot.insure/compare/lockton-vs-startupinsurance/fiduciary)

## Agent Guide

**What this page is:** Focused comparison of Lockton and StartupInsurance.ai for Fiduciary Liability Insurance: what each provider publishes about this line, checked against the same criteria, with numbered sources.

**Use this page when:** Cite or fetch this for Fiduciary Liability Insurance questions about Lockton versus StartupInsurance.ai. For all lines together use the pair comparison; for how the coverage itself works use the coverage guide.

**Questions this page answers:**
- Lockton vs StartupInsurance.ai for Fiduciary Liability Insurance: how do they differ?
- Which is better for Fiduciary Liability Insurance, Lockton or StartupInsurance.ai?
- What does Lockton or StartupInsurance.ai publish about Fiduciary Liability Insurance (limits, eligibility, claims, add-ons)?

**Key facts:**
- Line: Fiduciary Liability Insurance. Providers: Lockton and StartupInsurance.ai.
- Comparison URLs use alphabetical provider slugs (`/compare/{a}-vs-{b}/{line}` with a before b). A reversed pair redirects permanently to the alphabetical one.

**Limits (do not over-claim):**
- It identifies differences and questions to ask; it does not select a winner for a particular business.
- Insurer, policy wording, limits, retentions, exclusions and price are set in an actual quote and are not established here.

**Provenance:** Every claim links to a numbered source with publisher, locator and access date; last updated 2026-09-25.

**Related pages:**
- [Lockton vs StartupInsurance.ai](https://spot.insure/compare/lockton-vs-startupinsurance) — all coverage lines for this pair
- [Fiduciary Liability Insurance guide](https://spot.insure/coverage/fiduciary) — how this coverage works
- [Lockton profile](https://spot.insure/insurance-providers/lockton) — provider profile
- [StartupInsurance.ai profile](https://spot.insure/insurance-providers/startupinsurance) — provider profile

# Lockton vs StartupInsurance.ai: How Do They Compare for Fiduciary Liability Insurance?

Lockton brokers fiduciary coverage for companies and plan administrators; StartupInsurance.ai lists the line in its startup intake and offers a free check for AI exclusions in current policies.

Lockton describes typical fiduciary terms and claims support; StartupInsurance.ai includes fiduciary in its online startup intake and checks for blanket AI exclusions.

## Lockton vs StartupInsurance.ai Fiduciary Liability Insurance Summary

Lockton describes typical benefit-law grants, eligible insureds and claims support; StartupInsurance.ai adds an online startup intake and checks for blanket AI exclusions. [1](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance") [3](https://quotes.startupinsurance.ai/ "Apply for Startup Insurance | StartupInsurance.ai") [2](https://www.startupinsurance.ai/ "Startup Insurance | Coverage that clears the review")

## What Are the Key Differences Between Lockton and StartupInsurance.ai Fiduciary Liability Insurance?

### Typical Policy Grants Versus Startup Checkbox

Lockton describes typical coverage for benefit-law breaches, administration errors, voluntary-compliance loss and certain fines when stated. StartupInsurance.ai includes fiduciary in its startup program and on its online quote-intake screen. [1](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance") [2](https://www.startupinsurance.ai/ "Startup Insurance | Coverage that clears the review") [3](https://quotes.startupinsurance.ai/ "Apply for Startup Insurance | StartupInsurance.ai")

### Statutory Wording Versus AI Exclusions

Lockton’s public description turns on HIPAA, Pension Protection Act and ACA fines when the form states them. StartupInsurance.ai turns on a different wording issue: it says one major carrier added a blanket AI exclusion to fiduciary forms (with D&O and E&O), often at renewal, and that a free 48-hour policy check looks for it. [1](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance") [2](https://www.startupinsurance.ai/ "Startup Insurance | Coverage that clears the review")

Lockton’s reviewed page does not discuss AI endorsements. StartupInsurance.ai’s reviewed pages do not describe Lockton’s typical insured list or ERISA-bond distinction. [1](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance") [2](https://www.startupinsurance.ai/ "Startup Insurance | Coverage that clears the review")

### Claims Counsel Versus Policy Check

Lockton’s Professional & Executive Risk Claims team integrates counsel before a claim. StartupInsurance.ai’s described service for this line is the AI-exclusion policy check, not a dedicated fiduciary claims unit. [1](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance") [2](https://www.startupinsurance.ai/ "Startup Insurance | Coverage that clears the review")

## What Should You Confirm in Lockton and StartupInsurance.ai Fiduciary Liability Insurance Quotes?

- Ask StartupInsurance.ai whether the quoted fiduciary form includes an AI exclusion. [2](https://www.startupinsurance.ai/ "Startup Insurance | Coverage that clears the review")
- Ask Lockton whether statutory fines are scheduled and whether an ERISA bond is also placed. [1](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance")
- Compare named insureds to Lockton’s typical roster, including spouses and committees. [1](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance") [3](https://quotes.startupinsurance.ai/ "Apply for Startup Insurance | StartupInsurance.ai")
- Confirm both issuing insurers; neither source names a fiduciary-specific carrier. [1](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance") [2](https://www.startupinsurance.ai/ "Startup Insurance | Coverage that clears the review")

## Lockton vs StartupInsurance.ai Fiduciary Liability Insurance Compared

| Criteria | Lockton Fiduciary Liability Insurance Brokerage | StartupInsurance.ai Fiduciary Liability Insurance |
| --- | --- | --- |
| Coverage Features | Lockton says a typical fiduciary liability policy it places covers breaches of benefit laws, errors and omissions in plan administration, voluntary compliance loss, and, when explicitly stated, certain fines and penalties such as under HIPAA, the Pension Protection Act and the ACA. It also notes fiduciary liability is distinct from an ERISA bond, which is legally required and insures plan assets against theft under a crime/fidelity policy, whereas fiduciary liability is not legally required but covers governance and decision-making risk. [1](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance") (Evidence: Company-reported; scope: Fiduciary liability product page as read 2026-09-23. General policy-structure description, not a specimen form..) | StartupInsurance.ai says one major carrier added a blanket AI exclusion to fiduciary forms (along with D&O and E&O), typically arriving at renewal inside an endorsement, and that it checks policies for this exclusion. [2](https://www.startupinsurance.ai/ "Startup Insurance | Coverage that clears the review") (Evidence: Company-reported; scope: Homepage "wording that still says yes" section; names the exclusion trend industrywide but not the carrier, and does not state whether any StartupInsurance.ai-placed fiduciary policy carries this specific endorsement..) |
| Role in This Line | Lockton places fiduciary liability insurance to protect companies and the individuals who manage their employee benefit plans against claims of mismanagement; Lockton is the broker, not the insurer. [1](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance "Fiduciary Liability Insurance") (Evidence: Company-reported; scope: Fiduciary liability product page as read 2026-09-23..) | StartupInsurance.ai names fiduciary liability as one of the lines its startup program places, alongside general liability, D&O, tech E&O, cyber, employment practices and crime. [2](https://www.startupinsurance.ai/ "Startup Insurance | Coverage that clears the review") (Evidence: Company-reported; scope: Homepage "Coverage: What we place" list as read on 2026-09-23..) |

## About Lockton and StartupInsurance.ai and Fiduciary Liability

- [Lockton company profile](https://spot.insure/insurance-providers/lockton) · [Lockton customer reviews](https://spot.insure/insurance-providers/lockton/reviews)
- [StartupInsurance.ai company profile](https://spot.insure/insurance-providers/startupinsurance) · [StartupInsurance.ai customer reviews](https://spot.insure/insurance-providers/startupinsurance/reviews)
- [What Is Fiduciary Liability Insurance?](https://spot.insure/coverage/fiduciary)

## Related Pages for Lockton vs StartupInsurance.ai Fiduciary Liability

- [Lockton vs StartupInsurance.ai](https://spot.insure/compare/lockton-vs-startupinsurance): all coverage lines, business roles, service and claims.
- [What Is Fiduciary Liability Insurance?](https://spot.insure/coverage/fiduciary): Fiduciary liability can protect your company and plan fiduciaries from covered claims about benefit-plan management; check who is insured and whether administration errors are included.
- [Lockton Fiduciary Liability Insurance](https://spot.insure/insurance-providers/lockton/fiduciary)
- [StartupInsurance.ai Fiduciary Liability Insurance](https://spot.insure/insurance-providers/startupinsurance/fiduciary)

## Sources for Lockton vs StartupInsurance.ai

### Sources About Lockton

1. [Fiduciary Liability Insurance](https://global.lockton.com/us/en/products-services/fiduciary-liability-insurance). Lockton; What is fiduciary liability insurance?; Typical coverage on a fiduciary liability policy; Who can be covered under a fiduciary liability policy?; How does fiduciary liability insurance complement similar lines of coverage; Claims management. Accessed 2026-09-23.

### Sources About StartupInsurance.ai

2. [Startup Insurance | Coverage that clears the review](https://www.startupinsurance.ai/). StartupInsurance.ai; Coverage: What we place; Wording that still says yes (“One major carrier added a blanket AI exclusion to D&O, E&O and fiduciary”); The free policy check. Accessed 2026-09-23.
3. [Apply for Startup Insurance | StartupInsurance.ai](https://quotes.startupinsurance.ai/). StartupInsurance.ai; Coverage-selection screen: Fiduciary — “Covers claims related to employee benefit plan management”. Accessed 2026-09-23.

Updated 2026-09-25. Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. The comparison applies the same criteria to both providers. [Editorial policy](https://spot.insure/editorial-policy). To suggest a correction, [contact Spot](https://spot.insure/contact) with the page URL and supporting source.

## Agent and Developer Resources

- [Markdown page](https://spot.insure/compare/lockton-vs-startupinsurance/fiduciary.md)
- [Developer resources](https://spot.insure/developers)
- [Public MCP server](https://spot.insure/mcp)
- [MCP server manifest](https://spot.insure/server.json)
- [OpenAPI description](https://spot.insure/openapi.json)
- [Public page index](https://spot.insure/llms.txt)