What Does Fiduciary Liability Insurance from HUB International Cover?

HUB brokers fiduciary liability insurance for employers that sponsor health-care and retirement benefit plans, rather than underwriting the coverage itself. ¹Company-reportedFiduciary liability product page, read 2026-09-23. The page does not name an issuing insurer.

No insurer is named for fiduciary liability on the product page; the carrier depends on the placement. ¹Not found in reviewed sourcesChecked the fiduciary liability product page on 2026-09-23.

HUB targets fiduciary liability brokerage at employers offering health-care or retirement benefit plans who face potential litigation from plan participants, the Department of Labor or the Pension Benefit Guaranty Corporation. ¹Company-reportedProduct-page target-audience description; not a published underwriting appetite.

HUB lists fiduciary liability claim scenarios it covers as including a plan's insurer, mutual fund or third-party administrator making bad choices, plan administration errors or conflicts of interest, benefits denial, changes or reductions, bad advice or improper counsel, insufficient plan funding, poor investment selection and incorrect plan termination. ¹Company-reportedProduct-page list of covered claim scenarios; the issued policy's insuring agreement and exclusions control an actual claim.

HUB states that fiduciary liability exposure "is not covered by director's and officers' liability policies," positioning fiduciary liability as a separate line from D&O rather than a bundled coverage. ¹Company-reportedProduct-page statement distinguishing fiduciary liability from D&O.

The product page does not publish specific policy limits or retentions; it references that combined defense and settlement costs on fiduciary claims can exceed $1 million as a risk statistic, not a policy limit. ¹Not publicly disclosedChecked the fiduciary liability product page on 2026-09-23; the $1 million figure describes potential exposure, not an offered limit.

HUB publishes a video on preventing fiduciary liability claims and administrative-error best practices on the product page, but the page does not describe a formal fiduciary risk-management or plan-review service. ¹Company-reportedProduct-page educational video reference.

HUB directs fiduciary liability prospects to "Connect With a Broker" or "Contact a HUB broker" rather than an online quote or bind flow. ¹Company-reportedProduct-page calls to action.