
Fiduciary Policies
Fiduciary Contacts
Fiduciary Liability Insurance
We are the carrier of choice for multiemployer funds and protect volunteer trustees and plans performing vital work. We have handled more claims than any other carrier has and are specialists at handling complex fiduciary liabilities that are expanding due to changing regulatory risks.
Coverage highlights include a unique duty to defend policy form with the insured's right to select counsel. We recognize the importance of allowing our insureds to have control of their defense. Our policy form includes built in coverage for liabilities imposed under the Pension Protection Act, as well as a broad range of coverage for voluntary compliance programs at the IRS and Department of Labor and HIPAA coverage. We also have the ability to offer a full $15 million tower of insurance both on a primary and excess basis.
Products are available through our program with Hudson Insurance Company (A.M. Best, A, XV), State National Insurance Company (A.M. Best, A, VIII), and are also available on ULLICO Casualty Company Paper (A.M. Best, B+, VII). All ratings as of 9/30/2009.
For further information about our Fiduciary Liability program, please contact Michael Saa, Assistant Vice President of Professional Liability, or John O'Brien, Vice President of Marketing.