Fiduciary liability insurance protects the personal assets of fiduciaries, as well as those of the corporations they represent.View Fiduciary Liability
Financial Lines & Professional Risks
Trustees and fiduciaries are far more accountable for their actions when managing employee benefit plans than ever before. In today’s environment, they are governed by statutes that regulate the administration of benefit plans, as well as the laws generally applicable to trustees. Consequently, non-compliance can lead to personal liability for breach of responsibilities – risking a loss to their personal assets as well as those of the corporations they represent.