Healthcare Fiduciary Liability

What we offer

BeazleySure, an online risk management tool
BeazleySure offers training for plan fiduciaries on ethical issues as well as articles and best practices checklists on ERISA law issues and matters impacting employee benefit plans.

Superior claims service
Many plan sponsors have never had a claim involving their employee benefits and would not know how to handle it. Beazley has a staff of claims professionals experienced in benefits litigation who will work with top ERISA attorneys across the country to resolve claims quickly.

The policy offers comprehensive protection for plan fiduciaries and sponsors and includes these key features:
Omnibus pension and welfare plan language
Optional additional defense limit
Sublimit for IRS and DOL voluntary compliance programs
70/30 settlement clause
Coverage for civil fines assessed under HIPAA up to full policy limit
Coverage for employees serving as trustees of multi-employer plans at the employer's request
Free access to BeazleySure, an online risk management platform providing loss prevention on a variety of topics related to employee benefits
Breach of fiduciary duty under ERISA
Errors and omissions in the administration of benefits

How can we help

Beazley understands the exposures inherent in providing employee benefits and we have developed our fiduciary liability policy to provide maximum protection to plan sponsors, fiduciaries and administrators. Policyholders gain the added benefits of BeazleySure, an online risk management tool & superior claims service.

Who we can help

Plan sponsors, fiduciaries and administrators

Where Is This Offered?

USA

The Beazley Difference

BEING BOLD

Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.

STRIVING FOR BETTER

Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.

DOING THE RIGHT THING

Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.