Travelers vs USI Insurance Services Fiduciary Liability Insurance

Travelers underwrites fiduciary liability insurance as part of its Management & Professional Liability line, sold standalone or alongside other management liability coverages. ⁴Company-reported. Product page general framing; confirmed against the broader Management and Professional Liability Insurance page.

USI brokers fiduciary liability coverage, which protects a company and its plan fiduciaries against claims of mismanaging an employee benefit plan; USI places it individually or reviews it as part of a management liability program under its ExecuSafe endorsement package. ^8,9Company-reported. Business Services catalogue and ExecuSafe article.

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. ⁴Company-reported. Product page video legal footer.

Neither page names the insurer USI uses for fiduciary liability placements. ⁸Not publicly disclosed. Pages as read on 2026-09-23.

Travelers markets fiduciary liability coverage to financial institutions, nonprofit organizations, private companies and public companies. ⁴Company-reported. Product page "Who is fiduciary liability insurance right for?" section.

USI's Business Services practice targets building and maintenance, repair service, janitorial, staffing and printing companies for its broader coverage catalogue, which includes fiduciary liability; the ExecuSafe article separately targets small- and medium-sized businesses generally for management liability review. ^8,9Company-reported. Company description of client segments for each source.

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. ⁴Company-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.

USI lists fiduciary liability among the coverages it places for business-services clients, and separately says its ExecuSafe review looks for gaps in a client's existing fiduciary liability coverage as part of a management liability review. ^8,9Company-reported. Catalogue listing plus the ExecuSafe review description; actual insuring agreements and exclusions are set by the issued policy.

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. ⁴Not found in reviewed sources. Product page video claim scenarios and cost statistics as read on 2026-09-23.

Neither page publishes fiduciary liability limit or retention figures. ⁸Not publicly disclosed. Pages as read on 2026-09-23.

Not described in the reviewed sources.

USI's Business Services practice says it offers classification and exposure reviews, claim advocacy and risk control across its coverage lines, including fiduciary liability, and its ExecuSafe process specifically reviews existing fiduciary liability policies for coverage gaps. ^8,9Company-reported. Combines the general Business Services service list with the ExecuSafe-specific review step.

Fiduciary liability coverage is bought through a Travelers independent agent. ⁴Company-reported. Product page "Find an insurance agent" call to action.

USI directs business-services inquiries to pcinquiries@usi.com or a local office, and ExecuSafe/management-liability inquiries to Select.Business@usi.com. ^8,9Company-reported. Contact instructions on each page.