Relm Insurance vs StartupInsurance.ai Fiduciary Liability Insurance

Relm markets fiduciary liability as a coverage brokers can place for clients that manage employee benefit plans. ³Company-reported. Relm line-of-business page (Relm sells through brokers); not a statement identifying the issuing insurer for a given placement.

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. ⁶Company-reported. Homepage "Coverage: What we place" list as read on 2026-09-23.

The reviewed page does not name a specific issuing insurer for fiduciary liability placements. ³Not publicly disclosed. Line-of-business page as read on 2026-09-23; a specific placement's insurer is product- and jurisdiction-specific.

The reviewed pages do not name an insurer for fiduciary liability specifically; the homepage's carrier panel is program-wide and not broken out by coverage line. ⁶Not publicly disclosed. Homepage carrier panel as read on 2026-09-23.

Relm targets companies that manage employee benefit plans such as pensions or health insurance, specifically calling out startups and growth-stage companies that introduce benefits early to attract talent. ³Company-reported. Financial Lines page framing; not a guarantee of eligibility for a particular company.

Not described in the reviewed sources.

Relm says fiduciary liability protects plan sponsors, trustees, administrators, investment committees, and directors and officers with 'discretionary authority' under ERISA, covering legal fees, settlement and judgment costs tied to employee benefit plans. ³Company-reported. Financial Lines page general description; the issued policy and declarations control.

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. ⁶Company-reported. 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.

The reviewed fiduciary liability page does not describe dedicated plan-administration review or risk-control services beyond the general coverage description. ³Not found in reviewed sources. Financial Lines page as read on 2026-09-23.

StartupInsurance.ai's free policy check reviews an existing program for AI exclusions within 48 hours, and the homepage specifically calls out fiduciary as one of the forms affected by the AI-exclusion trend it checks for. ⁶Company-reported. Homepage service description; a marketing offer describing what the review covers, not a report on any specific customer's fiduciary policy.

Relm sells fiduciary liability coverage through insurance brokers; its reviewed pages do not describe a direct online quote. ³Company-reported. Financial Lines page framing; consistent with Relm's broader broker-distribution model.

"Fiduciary" is one of seven coverage boxes on StartupInsurance.ai's online quote-intake screen, described there as covering "claims related to employee benefit plan management." ⁵Company-reported. Initial coverage-selection screen of the quote application; does not show the underwriting questions that follow for this line.