Fiduciary Liability Resources

Stand-Alone Coverages


Pension & Benefit Plan Fiduciary Liability Policy

Target: Trustees of public & private companies of all sizes
 
In today’s regulatory environment, one of the biggest issues facing management involves actions they may take in their capacity as fiduciaries. Fiduciary liability insurance helps to protect fiduciaries against damages and defense costs arising from the administration and management of employee benefit and pension plans. Common claims allege ERISA violations, negligent advice, and careless plan management.
 
For public companies, The Hartford offers “stand-alone” Fiduciary Liability coverage to help protect ERISA fiduciaries from personal liability due to benefit plan losses as a result of alleged errors, omissions, or breach of their fiduciary duties.
 


Supplemental Applications

Supplemental Fiduciary Liability Application

Supplemental Fiduciary Liability Application (Missouri)

Forms

Pension & Benefit Plan Fiduciary Liability Declarations

Pension & Benefit Plan Fiduciary Liability Policy

Pension & Benefit Plan Fiduciary Liability Policy and Declarations


Multi-Employer Pension and Benefit Plan Fiduciary Liability Policy

Target: Trustees of public & private companies of all sizes, as well as union-sponsored pension and welfare plans, public retirement funds and multiple-employer plans for associations.
 
This policy is tailored to the unique exposures faced by ERISA fiduciaries of multi-employer plans.
 


New Business Applications

Multi-Employer Pension & Benefit Plan Fiduciary Liability Insurance Application

Pension & Benefit Plan Fiduciary Liability Application

Pension & Benefit Plan Fiduciary Liability Application (Florida)

Pension & Benefit Plan Fiduciary Liability Application (New York)

Pension & Benefit Plan Fiduciary Liability Application (Pennsylvania)

Supplemental Applications

Employee Stock Ownership Plan Questionnaire

Employee Stock Ownership Plan Renewal Questionnaire

Forms

Multi-Employer Declarations Page

Multi-Employer Policy Form

Package Policies


Private Choice PremierSM

Target: Most classes of privately-held, for-profit companies (excluding, e.g., financial services) will qualify for one or more coverage parts.
 
Current economic uncertainty has led many private companies to take a closer look at their long-term pension expenses. Under ERISA, employers must make these decisions with the interest of the participants and beneficiaries of those plans in mind. These decisions can often leave employers open to claims alleging the breach of fiduciary duties, putting the assets of plan fiduciaries at risk. That’s why The Hartford offers fiduciary liability protection as part of Private Choice PremierSM – a modular product with up to five coverage parts:
 
Flexible coverage that works with business exposures and needs:

  • Flexibility to select up to five coverage parts
  • Purchase a separate limit of liability for each liability coverage part or a single aggregate limit for all liability coverage parts
  • Select different limits for each coverage part
 


New Business Applications

Private Company Application

Private Company Electronic Processing Unit

Renewal Applications

Private Company Renewal Application

Supplemental Applications

Supplemental Claim Form

Forms

Private Choice Ovation Common Terms & Conditions

Private Choice Ovation Fiduciary Coverage Part

Marketing Materials

Enhancement Guide

Private Choice PremierSM Fiduciary Coverage Flyer

Private Choice PremierSM Fiduciary Coverage Analyzer

Private Choice Ovation Fiduciary Claims Scenarios


Private Choice Encore® for Healthcare Organizations

Target: Healthcare organizations providing services in both the outpatient and inpatient settings.
 
In keeping pace with today's complex healthcare environment, healthcare organizations of all kinds face significant exposures related to management liability. The Hartford is a leader in providing management liability coverage and understands the nuances and risks inherent in today’s legal environment for outpatient and inpatient healthcare service providers. From employment-related lawsuits to employee theft and everyday management decisions – as well as navigating today’s rapidly changing healthcare business landscape – healthcare organizations need an industry-specific product to contain their organizational liability.
 
Designed to meet the unique needs of a broad range of private healthcare organizations, Private Choice Encore for Healthcare Organizations can include the following coverage in one package policy form:
 
Policy features
 
  • Flexibility to select up to five coverage parts
  • Purchase a separate limit of liability for each liability coverage part or a single aggregate limit for all liability coverage parts
  • Select different limits for each coverage part
     


New Business Applications

Private Choice Encore for Healthcare Organizations New Business Application

Renewal Applications

Private Choice Encore for Healthcare Organizations Renewal Application

Forms

Private Choice Encore for Healthcare Organizations Declarations Page

Common Terms and Conditions

Fiduciary Liability Coverage

Marketing Materials

Private Choice Encore for Healthcare Organizations Claim Scenarios


Private Choice Ovation®

Target: Most classes of nonprofit companies will qualify for one or more coverage parts.
 
Current economic uncertainty has led many private companies to take a closer look at their long-term pension expenses. Under ERISA, employers must make these decisions with the interest of the participants and beneficiaries of those plans in mind. These decisions can often leave employers open to claims alleging the breach of fiduciary duties, putting the assets of plan fiduciaries at risk. That’s why The Hartford offers fiduciary liability protection as part of Private Choice Ovation® – a modular product with up to five coverage parts:
 
Flexible coverage that works with business exposures and needs:

  • Flexibility to select up to five coverage parts
  • Purchase a separate limit of liability for each liability coverage part or a single aggregate limit for all liability coverage parts
  • Select different limits for each coverage part
 


New Business Applications

Private Company Application

Private Company Electronic Processing Unit

Renewal Applications

Private Company Renewal Application

Supplemental Applications

Supplemental Claim Form

Forms

Private Choice Ovation Common Terms & Conditions

Private Choice Ovation Fiduciary Coverage Part

Marketing Materials

Enhancement Guide

Private Choice Ovation Fiduciary Coverage Flyer

Private Choice Ovation Fiduciary Coverage Analyzer

Private Choice Ovation Fiduciary Claims Scenarios


The Hartford Asset Management ChoiceSM Policy

Target: Asset managers, including private registered investment advisers, hedge funds, mutual funds and other wealth management firms and advisers.
 
The Hartford Asset Management ChoiceSM Policy offers investment firms the ability to design coverage by electing all or a combination of investment adviser professional liability, directors and officers liability, investment company directors and officers liability and investment company professional liability, and affiliated service provider liability. The Policy helps protect investment advisers, mutual fund directors/trustees and hedge funds against claims resulting from wrongful acts specific to their industry – whether they arise in the provision of professional services or involve other emergent areas of risk, such as cyber.
 
Combined with our Middle Market standard lines solutions (Property, General Liability, Commercial Auto, Workers’ Compensation and International coverage), The Hartford provides investment advisers with the broad protection they need and the service they deserve.
 


New Business Applications

The Hartford Asset Management Choice Policy Application

The Hartford Asset Management Choice Policy Fiduciary Liability Application

Asset Management Choice Policy Network Security/Data Theft Coverage

Forms

The Hartford Asset Management Choice Policy

The Hartford Asset Management Choice Policy Declarations

The Hartford Asset Management Choice Theft of Data Expenses Endorsement

The Hartford Asset Management Choice Cost of Correction Coverage

Marketing Materials

Asset Management Choice Flyer

Asset Management Choice Claims Scenarios

Excess Coverage


The Hartford Premier ExcessSM Policy

Target: Public and private organizations of all sizes
 
In today's challenging environment, seamless excess coverage is particularly important for managing enterprise, legal and regulatory risks. The Hartford’s new simple, follow form Premier ExcessSM Policy provides market-leading protection to help streamline your process for placing excess coverage over most management and professional liability products, including:
 
Policy highlights include:

  • A concise one-sentence follow form insuring agreement;
  • Streamlined exhaustion wording; and
  • Less excess baggage, with a limited number of provisions;
  • User-friendly form saves you time and helps streamline your process
  • Excess Crime (Fidelity) coverage is available through The Hartford Universal Excess® Simplified Policy.
     
As an added benefit, this coverage is underwritten by the same knowledgeable underwriter who would handle the primary coverage.

 

Forms

The Hartford Premier ExcessSM Policy

Find a HFP Underwriter

For all other products: