When your professional services firm sponsors employee retirement benefit plans, you are entrusted with safeguarding your employees' futures. However, careless plan management can be an unfortunate reality, and even innocent errors may result in certain exposures for your business — and for individuals acting in a fiduciary role.
While you're looking after the best interest of your employees, we want to help you look after yours as well. That's why CNA offers Fiduciary Liability insurance. This product is designed to address exposures arising from the administration and management of employee benefit and pension plans. Common fiduciary claims include allegations such as breach of fiduciary duties and improper disclosure to participants.
Our underwriters specialize in working with professional service firms, and our tailored industry-specific coverages are designed to meet the needs of your practice. And if an incident occurs, our highly experienced claim professionals are dedicated to working with you on your matter.