Fiduciary Liability Insurance protects organizations, fiduciaries, trustees, directors, officers, and employee benefit plan administrators against the financial and legal exposures arising from the management and administration of employee benefit and pension plans.

Coverage is designed to support financial stability when claims allege errors, omissions, breaches of fiduciary duty, or improper administration of employee benefit programs.

Coverage typically responds to claims involving mismanagement of plan assets, administrative errors, failure to comply with regulatory obligations, improper investment decisions, inaccurate disclosures, or alleged breaches of fiduciary responsibilities connected to employee benefit or retirement plans.

Coverage may also include protection for legal defense costs, settlements, regulatory investigations, and liabilities arising from pension plans, retirement savings plans, healthcare benefits, and other employee benefit programs.

For multinational organizations, coverage may be coordinated through a Controlled Master Program (CMP), such as the WMB Global Risks Global Master Program, with locally admitted policies where required to support coordinated fiduciary protection, regulatory compliance, and consistent coverage standards across jurisdictions.

Fiduciary Liability Insurance is designed to help organizations protect plan administrators and leadership teams, manage complex regulatory exposures, and maintain confidence in employee benefit governance and administration.

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