Why choose AIG for Fiduciary Liability Insurance?
Extensive legislation, complex litigation and an evolving economy are among the forces shifting the landscape for companies providing 401(k), pension, or welfare plans for employees. An inadvertent error in the administration of an employee benefit plan, or even the appearance of wrongdoing, can trigger litigation alleging breach of fiduciary duty against the company, directors, officers, and other employees who are responsible for plan administration.
AIG’s fiduciary liability insurance helps protect against losses in the event of alleged misconduct or error.