Fiduciary liability insurance is an optional coverage that protects companies and employees involved in lawsuits under the Employee Retirement Income Security Act (ERISA).

During our “Risk Management 101: Fiduciary Liability Insurance Fundamentals” podcast, we discuss:

• Who should buy fiduciary liability insurance.
• Why companies purchase the coverage.
• Who fiduciary liability insurance covers — and doesn’t cover.

We also cover how fiduciary insurance policies work, exclusions, common claims, and how underwriters price the coverage.

_{About Marsh’s Risk Management and Insurance Podcast}

_{Marsh’s Risk Management and Insurance Podcast series offers insight into the intricacies of the three major lines of commercial insurance coverage. The series features two content tracks on best practices in property, casualty, and financial and professional liability insurance: RM 101 and the more advanced RM 201*. This educational offering is designed to help risk professionals and individuals with risk management and insurance responsibilities gain a fundamental understanding of the major commercial insurance lines and related risk management strategies.}

_{*RM 201 episodes to be released in 2017.}

Read the Transcript.

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