The Hartford vs 
Travelers Fiduciary Liability Insurance
The Hartford packages fiduciary inside Private Choice Premier; Travelers sells it standalone or with other management lines through agents.
What Is The Hartford?
The Hartford is the brand of The Hartford Insurance Group, Inc., whose subsidiaries underwrite property-and-casualty insurance and employee benefits. Small-business buyers can start online or by phone or work through independent agents, while the issuing company and state eligibility still have to be confirmed on a quote. 1,2,3
What Is Travelers Insurance?
Travelers is a U.S. property-casualty insurance group that markets business coverage, including a technology practice, through independent agents and brokers. Buyers can investigate CyberRisk Tech, a small-business technology-services policy, and other commercial lines, then confirm the issuing company and California availability on a quote. 5,6,7
What Is Fiduciary Liability Insurance?
Fiduciary liability insurance addresses covered claims alleging breaches of duties in managing employee benefit plans. 9,10
Key Differences in Fiduciary Liability Insurance
Package Slot Versus Standalone Option
The Hartford’s fiduciary coverage is one of five options in Private Choice Premier, with a separate fiduciary line in financial-institutions management and professional products. Travelers underwrites fiduciary as part of Management & Professional Liability, sold standalone or alongside other management-liability coverages. 4 8
Who the Reviewed Pages Name as Issuer
Travelers’ product-page video names Travelers Casualty and Surety Company of America and its property casualty affiliates, and says the specific issuing entity for a given policy can vary. The Hartford’s reviewed management-liability page does not name which Hartford subsidiary would issue fiduciary liability. 8 4
Claim Illustrations
The Hartford’s example is a staff member claiming after medical bills were not paid according to the employer’s benefit plans. Travelers describes mismanagement claims and personal liability for ERISA breach of fiduciary duty, including litigation costs and plan-administration errors, for people who manage a sponsored retirement or health plan. 4 8
What to Confirm in Fiduciary Liability Insurance Quotes
- Get the Travelers issuing company printed on the quote, because affiliates can vary. 8
- Ask whether the Travelers quote is standalone or sold alongside other management-liability coverages, and whether The Hartford quote is Private Choice Premier or the financial-institutions fiduciary line. 8 4
- Ask Travelers how ERISA personal-liability wording is written; The Hartford’s reviewed page illustrates unpaid medical bills under a benefit plan and does not use that ERISA phrasing. 8 4
- Travelers’ reviewed page does not publish fiduciary limits or retentions; The Hartford’s reviewed page also does not publish them. Request those figures on both quotes. 8 4
- Fiduciary liability coverage from Travelers is bought through a Travelers independent agent; The Hartford’s reviewed fiduciary materials do not describe the buying path. 8 4
Offering Details
The Hartford vs Travelers Fiduciary Liability Insurance: documented features by provider
| Criteria | The Hartford Fiduciary Liability Insurance | Travelers Fiduciary Liability Insurance |
|---|---|---|
| Role in This Line | The Hartford's fiduciary liability coverage is one of five options in its Private Choice Premier management-liability package; it also offers a separate fiduciary liability line within its financial-institutions management and professional liability products. 4Company-reported. Management liability product page as read 2026-09-23. | Travelers underwrites fiduciary liability insurance as part of its Management & Professional Liability line, sold standalone or alongside other management liability coverages. 8Company-reported. Product page general framing; confirmed against the broader Management and Professional Liability Insurance page. |
| Issuing Insurer | Not described in the reviewed sources. | The product page's video disclosure names Travelers Casualty and Surety Company of America and its property casualty affiliates; the specific issuing entity for a given policy can vary. 8Company-reported. Product page video legal footer. |
| Who It’s For | The Hartford's fiduciary liability coverage is available to nonprofit organizations, publicly traded companies and privately-held companies as part of its management-liability lineup. 4Company-reported. Management liability product page as read 2026-09-23. | Travelers markets fiduciary liability coverage to financial institutions, nonprofit organizations, private companies and public companies. 8Company-reported. Product page "Who is fiduciary liability insurance right for?" section. |
| Coverage Features | The Hartford says fiduciary liability insurance helps protect a business from claims of fiduciary mismanagement, giving as an example a staff member's claim after their medical bills weren't paid in accordance with the employer's benefit plans. 4Company-reported. Management liability product page as read 2026-09-23. General coverage description; the issued policy controls. | Travelers says fiduciary liability coverage protects companies and individuals who manage a company-sponsored retirement or health plan from claims of mismanagement and personal liability for breach of fiduciary duty under ERISA, including litigation costs and errors or omissions in plan administration. 8Company-reported. Product page "What Is Fiduciary Liability Insurance?" and "What does fiduciary liability insurance cover?" sections; exact terms and exclusions are set by the issued policy. |
| Limits and Retentions | Not described in the reviewed sources. | The reviewed page does not publish fiduciary liability limits, retentions or premiums; it cites industry claim examples (settlements and defense costs from roughly $1 million to $14 million, and an average ERISA case cost topping $1.2 million) as general risk context, not as policy terms. 8Not found in reviewed sources. Product page video claim scenarios and cost statistics as read on 2026-09-23. |
| How to Apply | Not described in the reviewed sources. | Fiduciary liability coverage is bought through a Travelers independent agent. 8Company-reported. Product page "Find an insurance agent" call to action. |
Full Comparison
More The Hartford vs Travelers Comparisons
Other Fiduciary Liability Insurance Comparisons
Sources
The Hartford
- Legal Notice. The Hartford; The Hartford Insurance Group, Inc. holding-company description; no representation that all products are available in all locations; P&C writing-company table as of December 31, 2025 including Hartford Fire (NAIC 19682) and Hartford Underwriters (NAIC 30104); life writing companies including Hartford Life and Accident (NAIC 70815). Accessed 2026-09-16.
- SaaS Insurance for Your Business. The Hartford; Audience list (software startups, SaaS, IT consulting); Get a Business Owner’s Policy; What Is Business Owner’s Policy Insurance?; general liability introduction and Get a Quote; Get Commercial Property Insurance; Commercial Property Insurance for Your Business; Benefits of The Hartford’s WC Insurance for Employers and Employees; cyber insurance and data breach descriptions; Get a quote for cyber insurance; EPLI introduction and Private Choice Premier; add-ons (workers’ compensation, data breach, commercial auto); technology professional liability mention; small-business availability banner; industry-average premium footnote; footnote 2 state restrictions; footer product-availability disclosure. Accessed 2026-09-16.
- Find a Local Insurance Agent. The Hartford; Small-business and midsize agent locators; FAQ that buyers can purchase without an agent by calling or quoting online; statement that agents may charge fees. Accessed 2026-09-16.
- Management Liability Insurance | Get a Quote. The Hartford; Fiduciary Liability Insurance section; Who Does Management Liability Insurance Protect?; Management and Professional Liability Insurance for Financial Institutions. Accessed 2026-09-23.
Travelers
- Technology Insurance. Travelers; Technology insurance products we offer: CyberRisk Tech, Global Companion Plus+, general liability, commercial property, workers compensation, commercial auto, umbrella; startup-to-established-leader audience. Accessed 2026-09-16.
- Travelers Producer Compensation Disclosure (United States). Travelers; Independent producers; seven compensation types; Simply Business, Inc. and InsuraMatch, LLC ownership; The Travelers Indemnity Company footer; Northfield Excess & Surplus Lines product list. Accessed 2026-09-16.
- Contact Us. Travelers; Business insurance sold through independent agents; business claims 1.800.238.6225; MyTravelers for business features. Accessed 2026-09-16.
- Fiduciary Liability Insurance. Travelers; What Is Fiduciary Liability Insurance?; What does fiduciary liability insurance cover?; Who is fiduciary liability insurance right for?; video legal footer naming Travelers Casualty and Surety Company of America. Accessed 2026-09-23.
Fiduciary Liability Insurance Guide
- Field Assistance Bulletin No. 2008-04: Guidance Regarding ERISA Fidelity Bonding Requirements. U.S. Department of Labor, Employee Benefits Security Administration; Q2 pp.2–3. Accessed 2026-09-16.
- Fiduciary Liability Insurance. Travelers; What Is Fiduciary Liability Insurance? Accessed 2026-09-16.
