---
title: "Marsh McLennan Agency vs Newfront: Fiduciary Liability Insurance"
description: "Marsh McLennan Agency also lists fiduciary liability in its executive suite, but its overview does not describe claim negotiation or give plan-specific examples; Newfront says its Executive Risk practice brokers fiduciary coverage and provides integrated claims and coverage negotiation; it identifies breach-of-duty, mismanagement, and excessive-fee allegations as relevant risks."
canonical: "https://spot.insure/compare/marsh-mclennan-agency-vs-newfront/fiduciary"
page-type: "line-comparison"
updated-at: "2026-09-30"
comparison-pair: "marsh-mclennan-agency-vs-newfront"
provider-a: "marsh-mclennan-agency"
provider-b: "newfront"
coverage-line: "fiduciary"
---

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[Human-readable page](https://spot.insure/compare/marsh-mclennan-agency-vs-newfront/fiduciary)

## Agent Guide

**What this page is:** Focused comparison of Marsh McLennan Agency and Newfront 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 Marsh McLennan Agency versus Newfront. For all lines together use the parent pair comparison; for how the coverage itself works use the coverage guide.

**Questions this page answers:**
- Marsh McLennan Agency vs Newfront for Fiduciary Liability Insurance: how do they differ?
- Which is better for Fiduciary Liability Insurance, Marsh McLennan Agency or Newfront?
- What does Marsh McLennan Agency or Newfront publish about Fiduciary Liability Insurance (limits, eligibility, claims, add-ons)?
- What should I confirm in a quote for Fiduciary Liability Insurance from Marsh McLennan Agency or Newfront?

**Key facts:**
- Line: Fiduciary Liability Insurance. Providers: Marsh McLennan Agency and Newfront.
- Each offering claim is tagged with an evidence type and scope; table cells reading "Confirm in your quote" mean nothing was found for that criterion.
- Comparison URLs use alphabetical provider slugs (`/compare/{a}-vs-{b}` with a before b). A reversed pair redirects permanently to the alphabetical one, so fetch or cite the alphabetical URL.

**Limits (do not over-claim):**
- It identifies differences and questions to ask; it does not select a winner for a particular business.
- "Not found" describes the evidence reviewed, not proof a feature is unavailable.
- 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 in the Sources section; last updated 2026-09-30. Editorial policy: /editorial-policy.

**Related pages:**
- [Marsh McLennan Agency vs Newfront](https://spot.insure/compare/marsh-mclennan-agency-vs-newfront) — parent: all coverage lines for this pair
- [Fiduciary Liability Insurance guide](https://spot.insure/coverage/fiduciary) — coverage explainer for this line
- [Marsh McLennan Agency profile](https://spot.insure/insurance-providers/marsh-mclennan-agency) — provider profile (evidence)
- [Newfront profile](https://spot.insure/insurance-providers/newfront) — provider profile (evidence)
- [Marsh McLennan Agency vs Newfront Cargo and Transit Insurance](https://spot.insure/compare/marsh-mclennan-agency-vs-newfront/cargo-transit) — sibling comparison (other line, or other pair for this line)
- [Marsh McLennan Agency vs Newfront Commercial Auto Insurance](https://spot.insure/compare/marsh-mclennan-agency-vs-newfront/commercial-auto) — sibling comparison (other line, or other pair for this line)
- [Marsh McLennan Agency vs Newfront Commercial Property Insurance](https://spot.insure/compare/marsh-mclennan-agency-vs-newfront/commercial-property) — sibling comparison (other line, or other pair for this line)
- [Marsh McLennan Agency vs Newfront Crime Insurance](https://spot.insure/compare/marsh-mclennan-agency-vs-newfront/crime) — sibling comparison (other line, or other pair for this line)
- [Marsh McLennan Agency vs Newfront Employment Practices Liability Insurance](https://spot.insure/compare/marsh-mclennan-agency-vs-newfront/employment-practices) — sibling comparison (other line, or other pair for this line)
- [AIG vs Marsh McLennan Agency Fiduciary Liability Insurance](https://spot.insure/compare/aig-vs-marsh-mclennan-agency/fiduciary) — sibling comparison (other line, or other pair for this line)
- [AIG vs Newfront Fiduciary Liability Insurance](https://spot.insure/compare/aig-vs-newfront/fiduciary) — sibling comparison (other line, or other pair for this line)
- [Alliance Risk vs Marsh McLennan Agency Fiduciary Liability Insurance](https://spot.insure/compare/alliance-risk-vs-marsh-mclennan-agency/fiduciary) — sibling comparison (other line, or other pair for this line)
- [Alliance Risk vs Newfront Fiduciary Liability Insurance](https://spot.insure/compare/alliance-risk-vs-newfront/fiduciary) — sibling comparison (other line, or other pair for this line)
- [Aon vs Marsh McLennan Agency Fiduciary Liability Insurance](https://spot.insure/compare/aon-vs-marsh-mclennan-agency/fiduciary) — sibling comparison (other line, or other pair for this line)
- [Aon vs Newfront Fiduciary Liability Insurance](https://spot.insure/compare/aon-vs-newfront/fiduciary) — sibling comparison (other line, or other pair for this line)

# Marsh McLennan Agency vs Newfront: How Do They Compare for Fiduciary Liability Insurance?

Marsh McLennan Agency also lists fiduciary liability in its executive suite, but its overview does not describe claim negotiation or give plan-specific examples; Newfront says its Executive Risk practice brokers fiduciary coverage and provides integrated claims and coverage negotiation; it identifies breach-of-duty, mismanagement, and excessive-fee allegations as relevant risks.

## Research Scope and Use

Use this comparison to evaluate Marsh McLennan Agency and Newfront for Fiduciary Liability Insurance against the same documented criteria. It identifies differences and questions to confirm; it does not select a winner for a particular business. Offering claims are what each provider publishes about this line unless marked otherwise. “Not found” describes the evidence reviewed, not proof that a feature is unavailable. Confirm the insurer, policy wording, limits, retentions, exclusions and cost in an actual quote.

## Summary

Marsh McLennan Agency also lists fiduciary liability in its executive suite, but its overview does not describe claim negotiation or give plan-specific examples; Newfront says its Executive Risk practice brokers fiduciary coverage and provides integrated claims and coverage negotiation; it identifies breach-of-duty, mismanagement, and excessive-fee allegations as relevant risks. [3](https://www.marshmma.com/us/solutions/executive-and-professional-liability.html "Executive and Professional Liability | MMA") [8](https://www.newfront.com/executive-risk "Executive Risk")

## What Is Marsh McLennan Agency?

Marsh McLennan Agency provides business insurance and employee health and benefits, alongside retirement, wealth, and private-client services across the United States and Canada. Its US small-business page lists six common coverage types and directs buyers to request a personalized quote by phone; the insurer and terms for a specific placement must be confirmed in the proposal. [1](https://www.marshmma.com/us/mma/about-us.html "Who We Are") [2](https://www.marshmma.com/us/solutions/small-business.html "Small Business Insurance Solutions")

[Marsh McLennan Agency profile](https://spot.insure/insurance-providers/marsh-mclennan-agency)

## What Is Newfront?

Newfront suits growing and enterprise businesses seeking specialist insurance and benefits teams plus Navigator policy tools; small firms wanting an instant direct quote should compare online carriers. Its Partner Management tool is included in client service agreements. [4](https://www.newfront.com/business-insurance "Business Insurance") [5](https://www.newfront.com/total-rewards "Employee Benefits") [6](https://www.newfront.com/navigator "Newfront Navigator") [7](https://investors.wtwco.com/news-releases/news-release-details/wtw-completes-acquisition-newfront "WTW Completes Acquisition Of Newfront")

[Newfront profile](https://spot.insure/insurance-providers/newfront)

## What Is Fiduciary Liability Insurance?

Fiduciary liability can protect your company and plan fiduciaries when participants claim mishandling of an employee benefit plan. If you sponsor a retirement or health plan, check who is insured and whether both administration errors and fiduciary-breach claims are addressed. [9](https://www.dol.gov/sites/dolgov/files/ebsa/employers-and-advisers/guidance/field-assistance-bulletins/erisa-fidelity-bonding-requirements.pdf "Field Assistance Bulletin No. 2008-04: Guidance Regarding ERISA Fidelity Bonding Requirements") [10](https://asset.trvstatic.com/download/assets/fri-3001.pdf/c75b6c8e63ca11ee93454641efede6a9 "Fiduciary Liability") [11](https://www.travelers.com/business-insurance/professional-liability-insurance/fiduciary-liability "Fiduciary Liability Insurance")

## Key Differences in Fiduciary Liability Insurance

### Coverage Scope and Plan Details

Newfront says its Executive Risk practice brokers fiduciary coverage and provides integrated claims and coverage negotiation; it identifies breach-of-duty, mismanagement, and excessive-fee allegations as relevant risks. Marsh McLennan Agency also lists fiduciary liability in its executive suite, but its overview does not describe claim negotiation or give plan-specific examples. Plan sponsors comparing service should ask who negotiates terms and supports a participant claim, while checking the quoted form for those allegations. [8](https://www.newfront.com/executive-risk "Executive Risk") [3](https://www.marshmma.com/us/solutions/executive-and-professional-liability.html "Executive and Professional Liability | MMA")

### Placement and Buyer Questions

Newfront describes service across private-company funding stages and access to a 24/7 insurance dashboard; Marsh McLennan Agency invites buyers to contact an adviser. Neither page names plan-specific eligibility or limits, so submit matching plan data and compare each proposal’s insured roles and sublimits. [8](https://www.newfront.com/executive-risk "Executive Risk") [3](https://www.marshmma.com/us/solutions/executive-and-professional-liability.html "Executive and Professional Liability | MMA")

## What to Confirm in Fiduciary Liability Insurance Quotes

- Ask Newfront to show its terms for excessive-fee allegations, defense costs, and integrated claim negotiation. [8](https://www.newfront.com/executive-risk "Executive Risk")
- Ask Marsh McLennan Agency for the proposed plan eligibility, limit, and who will advocate during a participant claim. [3](https://www.marshmma.com/us/solutions/executive-and-professional-liability.html "Executive and Professional Liability | MMA")

## Offering Details

| Criteria | Marsh McLennan Agency fiduciary (official overview) | Newfront Fiduciary Liability Insurance |
| --- | --- | --- |
| Role in This Line | Marsh McLennan Agency describes arranging fiduciary for the audience stated on the cited product page. [3](https://www.marshmma.com/us/solutions/executive-and-professional-liability.html "Executive and Professional Liability | MMA") (Evidence: Company-reported; scope: fiduciary marketed by marsh-mclennan-agency; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement..) | 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. [8](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: Executive Risk offering page and Leadership section..) |
| Issuing Insurer | Confirm in your quote. | The reviewed Executive Risk page does not name the insurer or insurers that would issue a fiduciary liability policy placed through Newfront. [8](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Not publicly disclosed; scope: Executive Risk page as read on 2026-09-23; carrier depends on the specific placement..) |
| Who It’s For | Organizations seeking executive liability solutions; source does not define plan-specific eligibility. [3](https://www.marshmma.com/us/solutions/executive-and-professional-liability.html "Executive and Professional Liability | MMA") (Evidence: Company-reported; scope: fiduciary marketed by marsh-mclennan-agency; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement..) | 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. [8](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: Here for the Long Run section; figures describe the executive-risk practice broadly, not fiduciary liability specifically..) |
| Coverage Features | The cited product page describes fiduciary liability as a named product in the executive and professional liability suite; the overview does not state plan-specific grants. Marketing description only; actual coverage, exclusions, conditions, limits, and availability depend on the issued policy and jurisdiction. [3](https://www.marshmma.com/us/solutions/executive-and-professional-liability.html "Executive and Professional Liability | MMA") (Evidence: Company-reported; scope: fiduciary marketed by marsh-mclennan-agency; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement..) | 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. [8](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: Key Coverages list and Committed to Client Advocacy section..) |
| Limits and Retentions | The cited overview does not set a universal limit or retention for this line. Ask for the proposed policy form, limits, retentions, exclusions, and conditions in the quote. [3](https://www.marshmma.com/us/solutions/executive-and-professional-liability.html "Executive and Professional Liability | MMA") (Evidence: Not publicly disclosed; scope: Only the cited marketing page was reviewed for published limit and retention information; no policy-form entitlement is inferred..) | The reviewed Executive Risk page does not publish fiduciary-liability limits or retentions. [8](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Not publicly disclosed; scope: Executive Risk page as read on 2026-09-23..) |
| Risk Services | Confirm in your quote. | 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. [8](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: Industry-Leading Technology section; described across Executive Risk lines, not fiduciary-specific..) |
| How to Apply | The page invites organizations to contact a Marsh McLennan Agency adviser or specialist to discuss placement. The page does not establish a quote, bind, or coverage-effective timeline. [3](https://www.marshmma.com/us/solutions/executive-and-professional-liability.html "Executive and Professional Liability | MMA") (Evidence: Company-reported; scope: fiduciary marketed by marsh-mclennan-agency; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement..) | You start a fiduciary liability placement by requesting a consultation through Newfront's Executive Risk page. [8](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: Executive Risk page call-to-action; no online quoting or binding described..) |
| Claims Support | Confirm in your quote. | Newfront says it provides "integrated claims and coverage negotiation" for its Executive Risk lines, which would apply to a fiduciary liability claim. [8](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: The Newfront Difference section; described across Executive Risk lines, not a fiduciary-specific claims workflow..) |

## Full Comparison

- [Marsh McLennan Agency vs Newfront](https://spot.insure/compare/marsh-mclennan-agency-vs-newfront): 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.
- [Marsh McLennan Agency vs Newfront Cargo and Transit Insurance](https://spot.insure/compare/marsh-mclennan-agency-vs-newfront/cargo-transit)
- [Marsh McLennan Agency vs Newfront Commercial Auto Insurance](https://spot.insure/compare/marsh-mclennan-agency-vs-newfront/commercial-auto)
- [Marsh McLennan Agency vs Newfront Commercial Property Insurance](https://spot.insure/compare/marsh-mclennan-agency-vs-newfront/commercial-property)
- [Marsh McLennan Agency vs Newfront Crime Insurance](https://spot.insure/compare/marsh-mclennan-agency-vs-newfront/crime)
- [Marsh McLennan Agency vs Newfront Employment Practices Liability Insurance](https://spot.insure/compare/marsh-mclennan-agency-vs-newfront/employment-practices)
- [AIG vs Marsh McLennan Agency Fiduciary Liability Insurance](https://spot.insure/compare/aig-vs-marsh-mclennan-agency/fiduciary)
- [AIG vs Newfront Fiduciary Liability Insurance](https://spot.insure/compare/aig-vs-newfront/fiduciary)
- [Alliance Risk vs Marsh McLennan Agency Fiduciary Liability Insurance](https://spot.insure/compare/alliance-risk-vs-marsh-mclennan-agency/fiduciary)
- [Alliance Risk vs Newfront Fiduciary Liability Insurance](https://spot.insure/compare/alliance-risk-vs-newfront/fiduciary)
- [Aon vs Marsh McLennan Agency Fiduciary Liability Insurance](https://spot.insure/compare/aon-vs-marsh-mclennan-agency/fiduciary)
- [Aon vs Newfront Fiduciary Liability Insurance](https://spot.insure/compare/aon-vs-newfront/fiduciary)

## Sources

### Marsh McLennan Agency

1. [Who We Are](https://www.marshmma.com/us/mma/about-us.html). Marsh McLennan Agency; Lines 193-195: ‘a business of Marsh’ and company-listed service lines across US and Canada. This does not establish the legal entity for an account, corporate ownership chart, or insurer role.. Accessed 2026-09-29.
2. [Small Business Insurance Solutions](https://www.marshmma.com/us/solutions/small-business.html). Marsh McLennan Agency; Lines 205-207: small-business audience and call invitation; lines 224-249 list six coverage categories and short descriptions; line 264 is an embedded form whose function is not stated. No form submitted.. Accessed 2026-09-29.
3. [Executive and Professional Liability | MMA](https://www.marshmma.com/us/solutions/executive-and-professional-liability.html). Marsh McLennan Agency; Named within the executive and professional liability product suite.. Accessed 2026-09-30.

### Newfront

4. [Business Insurance](https://www.newfront.com/business-insurance). Newfront; Purpose-Built Team; Full Transparency; Streamlined Program Management. Accessed 2026-09-15.
5. [Employee Benefits](https://www.newfront.com/total-rewards). Newfront; Employee Benefits heading; Tailored Solutions; Comprehensive Expertise: Benefits, Global Benefits, Compensation and Retirement. Accessed 2026-09-16.
6. [Newfront Navigator](https://www.newfront.com/navigator). Newfront; Total Access. Real Confidence; Explore What You Can Do in Navigator; product demonstration image. Accessed 2026-09-15.
7. [WTW Completes Acquisition Of Newfront](https://investors.wtwco.com/news-releases/news-release-details/wtw-completes-acquisition-newfront). WTW; 27 January 2026 release; completion announcement and allocation of Business Insurance and Total Rewards to WTW segments. Accessed 2026-09-15.
8. [Executive Risk](https://www.newfront.com/executive-risk). Newfront; Key Coverages to Protect Your Business: Fiduciary; Committed to Client Advocacy: safeguarding fiduciaries against breach of duty, mismanagement claims, and excessive fee allegations; Leadership: Deirdre Finn. Accessed 2026-09-23.

### Fiduciary Liability Insurance Guide

9. [Field Assistance Bulletin No. 2008-04: Guidance Regarding ERISA Fidelity Bonding Requirements](https://www.dol.gov/sites/dolgov/files/ebsa/employers-and-advisers/guidance/field-assistance-bulletins/erisa-fidelity-bonding-requirements.pdf). U.S. Department of Labor, Employee Benefits Security Administration; Q2 pp.2–3. Accessed 2026-09-16.
10. [Fiduciary Liability](https://asset.trvstatic.com/download/assets/fri-3001.pdf/c75b6c8e63ca11ee93454641efede6a9). Travelers Casualty and Surety Company of America; II.D,J–L pp.2–3; II.A p.1; II.V p.5; Header p.1; II.M p.3; I p.1; III.A.6–8 pp.5–6; II.M.2 p.3; III.B.1 p.6. Accessed 2026-09-16.
11. [Fiduciary Liability Insurance](https://www.travelers.com/business-insurance/professional-liability-insurance/fiduciary-liability). Travelers; What Is Fiduciary Liability Insurance?. Accessed 2026-09-16.

Updated 2026-09-30. 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.

## Marsh McLennan Agency Reviews

Review Score: 8.2 / 10 from 2 rated sources, equally weighted.

There are almost no public customer reviews of Marsh McLennan Agency (MMA). Trustpilot shows 3.2 out of 5, but from a single review, and BBB shows an A grade with four complaints closed in three years.

- Trustpilot: TrustScore 3.2 (out of 5); 1 reviews. Trustpilot profile for marshmma.com, MMA's own domain. Unclaimed; MMA has not invited reviews. Period: checked 2026-09-29. Checked 2026-09-29. [marshmma.com Trustpilot profile](https://www.trustpilot.com/review/marshmma.com)
- Trustpilot: TrustScore (Marsh brand) 1.3 (out of 5); 115 reviews. Trustpilot page for marsh.com, the global Marsh brand (mostly individual and non-US customers). This is a different entity from MMA. Period: checked 2026-09-29. Checked 2026-09-29. [Marsh Reviews](https://www.trustpilot.com/review/www.marsh.com)
- BBB: BBB business grade A. BBB San Diego-area profile for Marsh & McLennan Agency LLC (accredited). MMA has separate BBB profiles per office; Dayton and Schaumburg both show A+. Checked 2026-09-29. [Marsh & McLennan Agency LLC (San Diego) BBB](https://www.bbb.org/us/ca/san-diego/profile/insurance-services-office/marsh-mclennan-agency-llc-1126-3000103)
- BBB: Complaints 4. Same San Diego-area profile; zero customer reviews. No client-count denominator. Period: closed in the last three years (checked 2026-09-29). Checked 2026-09-29. [Marsh & McLennan Agency LLC — BBB Complaints](https://www.bbb.org/us/ca/san-diego/profile/insurance-services-office/marsh-mclennan-agency-llc-1126-3000103/complaints); [Marsh & McLennan Agency LLC — BBB Reviews](https://www.bbb.org/us/ca/san-diego/profile/insurance-services-office/marsh-mclennan-agency-llc-1126-3000103/customer-reviews)

Reviewed 2026-09-29. [Read the sourced review](https://spot.insure/insurance-providers/marsh-mclennan-agency/reviews).

## Newfront Reviews

Review Score: 10.0 / 10 from 1 rated source, equally weighted.

Newfront has too little firmwide customer feedback for a reliable review verdict. An individual agent’s BBB grade does not establish the wider company’s service quality.

- BBB: BBB grade A (BBB letter grade). BBB profile for Ryan Tice | Newfront Insurance at a San Francisco address. Individual-producer/local listing, not Newfront Insurance Services company-wide. BBB profile displays A grade and says not BBB Accredited; grade is not customer stars. Period: File opened 2023-12-22; accessed 2026-09-25. Checked 2026-09-25. [Ryan Tice | Newfront Insurance | BBB](https://www.bbb.org/us/ca/san-francisco/profile/insurance-agency/ryan-tice---newfront-insurance-1116-955130)

Reviewed 2026-09-25. [Read the sourced review](https://spot.insure/insurance-providers/newfront/reviews).

## Agent and Developer Resources

- [Markdown page](https://spot.insure/compare/marsh-mclennan-agency-vs-newfront/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)