Having a partner in Encore Fiduciary that specializes in protecting America’s benefit plans, particularly in this heightened risk environment, provides you with the expertise needed to assess an entity’s insurance solutions and determine where gaps exist and how to address them. We provide solutions to protect board members, leaders and benefit sponsors from everyday management liability risks that can jeopardize the organization and individual’s assets.
Turn to the fiduciary experts for your one-stop resource for employee benefit plans to secure Directors and Officers (D&O) and Employment Practices Liability (EPL) coverage.
A Fiduciary Liability insurance policy is designed to protect plan trustees, other fiduciaries and the employee benefit plan against claims alleging breach of their fiduciary duties to the plan or claims alleging they committed an error in the administration of the plan. The policy provides two important basic benefits: defense and indemnity.
Our policy is offered nationally on an admitted basis through Hudson Insurance Company, one of the most dedicated carriers for labor non-profits and employee benefit plans. Hudson has an AM Best rating of A+ (Superior), Financial Size Category XV ($2 billion or greater), and is a Department of Treasury approved surety.
We’ve put our fiduciary experience and expertise on paper and online in the “Fiduciary Liability Insurance Handbook,” for you to download and gain insight into why it is so critical that coverage is designed to fit an employer’s or entity’s benefit plan. Obtain your complimentary copy here.
Encore Fiduciary, division of Specialty Program Group LLC. Doing business in California as SPG Insurance Solutions License No. 0L09546.
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