Fiduciary Liability Insurance

This coverage is important for any organization that manages employee benefit plans, including:

• Business owners

• HR professionals

• Plan administrators

• Executives and directors

• Trustees of benefit plans

If your organization makes decisions about employee benefits, fiduciary exposure likely exists.

Policies may help protect against claims such as:

• Alleged breach of fiduciary duty

• Negligent administration of employee benefit plans

• Improper investment selection or monitoring

• Failure to follow plan documents

• Misuse or mismanagement of plan assets

• Errors in employee enrollment or communication