In the financial marketplace, your reputation can mean everything. But it's not only about maintaining the hard-earned respect of your customers. When you manage the investment and retirement benefit plans of your employees, they place their trust in your financial institution to safeguard their futures. However, careless plan management can be an unfortunate reality, and even innocent errors may result in certain exposures for your business — and individuals acting in a fiduciary role.
CNA's Fiduciary Liability insurance is designed to address exposures involving fiduciary duties arising from the administration and management of employee benefit and pension plans. Our depth of knowledge of the financial management industry permits our team of underwriters and risk control professionals to help identify your fiduciary risks. And if an incident occurs, our highly experienced claim professionals are dedicated to working with you on your matter.