List your benefit plans
Tell us about the retirement or health plans your company sponsors. Your Spot team asks who makes decisions and who handles administration.
Juniper ConsultingOrganized by Spot
Fiduciary Liability Insurance Quotes
Get fiduciary liability insurance quotes with Spot
Tell your Spot team about your benefit plans and the people who run them, and we prepare the submission brokers use to quote fiduciary liability.
Get quotes from 35+ fiduciary liability insurance providers
- Benefit plans and the people running them described once
- Administration errors and fiduciary breaches checked separately
- Keep your broker or switch, with no commissions on premiums
How it works
Name the people with plan duties
We describe what each person does for the plan, because a job title alone doesn’t decide who is a fiduciary.
Fiduciary liability insurance
Juniper Consulting · Policy review
- Policy wording
- Coverage limits
- Compare with
- Contract requirements
Confirm with your broker
Limits, exclusions, and endorsements
Brokers take it to market
We work with brokers to request proposals from fiduciary insurers, and follow up on questions about plan oversight.
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SamJuniper Consulting
What do we need to request fiduciary liability insurance quotes?
RileySpot
Let’s prepare the information for your broker and compare the terms, not just the price.
Compare who and what is insured
Each proposal’s insured plans, people, treatment of administration errors and defense terms are lined up before you choose.
Insurance documents
Quote requestFiduciary liability insurance
Coverage limits · Policy terms
Juniper Consulting
What you’ll need
- 01
Plans you sponsor
Each retirement or health plan, such as a 401(k), and the sponsoring organization.
- 02
People with plan responsibilities
Who makes decisions for the plan and who runs administration, described by what they actually do.
- 03
Plan administration practices
How enrollment, records and participant communications are handled.
- 04
Investment oversight
How plan investments are selected and reviewed, and by whom.
- 05
Claims, proceedings and known problems
Earlier disputes, notices or issues that affect how prior matters are treated.
- 06
Current coverage
Your expiring terms, including any fiduciary part of a management liability package.
What affects your price
- 01
Number and type of plans
More plans, and plans holding more assets, mean more exposure.
- 02
Who runs the plan
Whether decisions rest with a committee or one person, and how they are overseen, matters to underwriters.
- 03
Limits and retention
Higher limits cost more, and accepting a higher retention can bring the premium down.
- 04
Administration errors included
Covering administrative mistakes as well as fiduciary-breach claims changes the proposal.
- 05
Earlier problems
Prior proceedings and known issues can lead to exclusions or a higher price.
Providers your broker can approach
Get quotes from 35+ fiduciary liability insurance providers.
- AIG
- Alliance Risk
- Amelia Risk
- Aon
- Beazley
- Berkshire Hathaway Specialty Insurance
- CFC
- And many more
Common questions
Does fiduciary liability pay the benefits my plan owes?
No. Coverage for a mistake in plan administration doesn’t mean the policy pays benefits the plan already owes.
Isn’t this included in D&O?
Not necessarily. Benefit-plan protection can be a separate part of a management liability package, so we check which parts each quote includes.
Who counts as a fiduciary?
A job title doesn’t decide it. Describe what each person does for the plan and we make sure the quote names the right people.
Can my benefits broker place fiduciary liability too?
They can. Spot works alongside brokers and takes no commissions on premiums, so you can keep your benefits broker or choose another.
Related
Get insurance off your to-do list.
Tell your Spot team about your benefit plans and the people who run them, and we prepare the submission brokers use to quote fiduciary liability.
Get StartedLearn more before you get quotes
Read these before you choose a policy or an insurer.
