Cyber Incident? Get Help

Quote fiduciary faster

Give clients Active Fiduciary Liability Insurance plus Coalition Control

Image > Fiduciary - Hero

Essential protection, better visibility, faster quoting

Any business that offers employee benefits can find itself facing a lawsuit, and in some cases, plan fiduciaries can be held personally liable, even for an unintentional error. Active Fiduciary Liability Insurance offered by Coalition gives your clients essential coverage that is often overlooked. It also comes with access to Coalition Control, letting you give your client a more complete view of their organizational risk.

What’s more, you can build a quote in minutes.

Private companies and not-for-profit organizations with up to $250M in plan assets may be eligible for Fiduciary coverage, which is part of our family of Executive Risks products, including D&O, EPL, and Crime.

Image > Fiduciary - Section 2
Image > Fiduciary section 3 side image

Only 1 in 4 businesses buy Fiduciary Liability Insurance

Despite 72% of businesses intending to purchase fiduciary coverage, only one in four actually do so.* Some think they’re too small, and others simply think their risk is too low to need it. But many of these businesses lack the resources to manage a benefit plan, making a mistake with significant financial repercussions even more likely. With Fiduciary Liability Insurance offered by Coalition, you can help ensure your clients are covered against the financial impact of:

  • Legal defense costs

  • Settlement costs

  • Damages awarded by the court

  • Investigations into alleged wrongdoing

  • Covered penalties

A Fiduciary Liability policy is a key step in proactively protecting your clients’ businesses from claims of mismanagement of their employee benefits plans.

*Source: Online survey of 1,000 insurance decision-makers at companies of 1-250 employees (2021). Wakefield Research.

Empowering brokers to protect businesses

Coalition’s robust Active Insurance offering can help you work faster and deliver more value for your clients.

quote in minutes

Quote in minutes

Our proprietary Active Risk Platform builds a comprehensive risk profile for your client so you can deliver a bindable quote in minutes.

Icon > Strategic advisor

Be a strategic advisor

Coalition’s Executive Risks Assessment can assist you in clearly explaining your clients’ risk exposures and being the expert partner they need.

Deliver added value

Deliver added value

Coalition offers valuable services, including mid-term notifications, accredited training, compliance tools, and more.

Image > Fiduciary section 4

The critical coverage your clients need

A Fiduciary Liability policy offered by Coalition lets you provide your clients leading protection with these important coverages:

  • Excessive fee coverage

  • Settlor coverage

  • Civil penalties for ERISA sections 502(i), 502(l), and 502(c)

  • Civil penalties for Pension Protection Act, COBRA, HIPAA, Section 4975, the Health Care Reform Act, and United Kingdom pensions

BG > Fiduciary bottom CTA bg

Start protecting your clients with Active Fiduciary Liability Insurance.