Coalition’s crime insurance product will help protect organizations from criminal activity, whether committed externally by third parties or internally by their own employees. In designing the product, Coalition took into consideration the fact that most cyber and cybercrime attacks are still executed via social engineering.

The new fiduciary liability insurance tackles negligence and mismanagement of benefits plans, which could lead to unnecessary fiduciary liability claims. The offering will help clients manage risks related to their employees’ benefits plan, with new policies having the option of including excessive fee coverage, settlor coverage, and an array of covered civil penalties.

Negligence and mismanagement of benefits plans can lead to fiduciary liability claims. Coalition’s new Fiduciary Liability Insurance helps businesses manage their risks related to their employee benefits plans. New policies may include excessive fee coverage, settlor coverage, and a comprehensive list of covered civil penalties.