Gallagher Fiduciary Liability Insurance

Gallagher's Executive and Financial Risk practice places fiduciary liability coverage with outside carriers and advises on limits; it does not underwrite the policy. ¹Company-reportedGroup-level executive-and-financial-risk practice page.

The executive-and-financial-risk page does not name the insurer that would issue a given client's fiduciary liability policy. ¹Not publicly disclosedChecked the group-level executive-and-financial-risk practice page.

Gallagher targets this coverage at corporations sponsoring retirement or welfare benefit plans, since the described exposure is tied specifically to ERISA fiduciary duties. ¹Company-reportedGroup-level executive-and-financial-risk practice page.

Gallagher describes fiduciary liability as protecting a corporation's Employee Retirement Income Security Act (ERISA) fiduciaries, fiduciary committees and personnel who design or implement 401(k) or pension plans for employees and retirees. ¹Company-reportedGroup-level executive-and-financial-risk practice page; a service description, not a specific policy's insuring agreement or exclusions.

The page does not publish specific fiduciary liability limits or premium ranges beyond describing its proprietary limit-selection models. ¹Not publicly disclosedChecked the group-level executive-and-financial-risk practice page.

Gallagher says it has proprietary models to measure fiduciary risk and assist clients in selecting coverage limits. ¹Company-reportedGroup-level executive-and-financial-risk practice page.