Fiduciary

Providing vital protection for the individuals responsible for running company benefit plans.

What we offer

Employee benefits programs such as health plans, pension plans and 401(k) accounts are set up by employers to help their employees protect their financial futures. Yet, many don't realize that the individuals responsible for running benefit plans face personal liability in the event of a claim.

Up to US $20,000,000

How can we help

Loss includes US $250,000 sublimits for PPA 2006, Section 502(c) of ERISA, Section 4975 of IRC 1986, and PPACA as well as US $1,000,000 sublimit for HIPAA claims
Omnibus pension and welfare plan language
Optional additional defense limit
Sublimit for IRS and DOL voluntary compliance programs with US $25k sublimit, except HIPAA
Protection for the insured while acting in a settlor capacity now included under insuring clauses
Coverage for civil fines assessed under HIPAA up to US $1M
Pre-approved choice of counsel flexibility
Free access to BeazleySure, an online risk management platform providing loss prevention on a variety of topics related to employee benefits

The Beazley Difference

BEING BOLD

Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.

STRIVING FOR BETTER

Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.

DOING THE RIGHT THING

Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.