Beazley Fiduciary Liability Insurance
Beazley Fiduciary Liability
Beazley underwrites fiduciary liability coverage for the individuals who administer employer benefit plans, sold standalone on its dedicated Fiduciary page and as one of three coverages bundled in its ExecuGuard package policy alongside D&O and employment practices liability. 1,2Company-reported. US fiduciary liability as described on the two reviewed product pages; does not establish which entity issues a particular policy.
Issuing Insurer
Not found in reviewed sources. The Fiduciary product page does not name the specific Beazley insurance entity that issues the policy. 1Fiduciary page as read on 2026-09-23; the issued policy's declarations control the actual insurer.
Coverage Features
Beazley explains that fiduciary liability protects the individuals responsible for running employee benefit plans, such as health plans, pension plans and 401(k) accounts, from personal liability if a claim is made against the plan, a personal exposure the page says many plan sponsors don't realize they have. 1Company-reported. Fiduciary product page description; exclusions and conditions are set by the issued policy.
The policy includes statutory-claim sublimits of US $250,000 for claims under the Pension Protection Act of 2006, ERISA Section 502(c), Internal Revenue Code Section 4975 and the PPACA, plus a separate US $1,000,000 sublimit for HIPAA claims and up to US $1,000,000 in coverage for HIPAA civil fines. 1Company-reported. Fiduciary product page sublimit list; these sublimits sit inside, and are lower than, the overall policy limit.
Beazley includes "omnibus" pension and welfare plan language (intended to automatically cover newly created or acquired benefit plans), a US $25,000 sublimit for IRS and DOL voluntary compliance programs other than HIPAA, and settlor-capacity protection now written into the fiduciary insuring clauses. 1Company-reported. Fiduciary product page feature list; actual plan-coverage scope depends on the issued policy wording.
Limits and Retentions
Beazley advertises fiduciary limits up to US $20 million, with an optional additional defense limit available; the statutory sublimits described above apply within that overall limit. 1Company-reported. Advertised maximum capacity, not a guaranteed quote amount.
Risk Services
Fiduciary policyholders get free access to BeazleySure, Beazley's online risk-management platform, which the Fiduciary page describes as providing loss-prevention content on employee-benefits topics. 1Company-reported. Fiduciary product page service description; actual entitlements depend on the policy purchased.
How to Apply
The Fiduciary page lists a downloadable ExecuGuard application as its Tools & Resources item, rather than a fiduciary-only application, indicating fiduciary coverage is typically quoted together with the combined ExecuGuard package. 1Company-reported. Fiduciary product page Tools & Resources section as read on 2026-09-23.
Claims Support
Beazley says fiduciary policyholders get pre-approved choice-of-counsel flexibility, but the reviewed page does not otherwise describe fiduciary-specific claims handling beyond that; general policy notice and claims-contact guidance is provided on Beazley's separate claims-notification page. 1Company-reported. Fiduciary product page as read on 2026-09-23; claims-handling quality is not independently assessed.
Beazley Fiduciary Liability Insurance Compared
Other Beazley Coverage Lines
Sources
- Fiduciary. Beazley; What we offer: personal liability for individuals running benefit plans; Up to US $20,000,000; How can we help: PPA/ERISA/IRC/PPACA and HIPAA sublimits, omnibus plan language, voluntary-compliance sublimit, settlor-capacity protection, BeazleySure; Tools & Resources: Execuguard application. Accessed 2026-09-23.
- Execuguard (Combined EPL, D&O, and Fiduciary). Beazley; What we offer: separate or shared limits among EPL, D&O and fiduciary; Limits up to US $20,000,000, both admitted and non-admitted available. Accessed 2026-09-23.
