Fiduciary Liability.

Fiduciary Liability Insurance for Large Benefit Plan Sponsors

Large plan sponsors face fiduciary liability in a highly litigated environment: ERISA class actions targeting plan fees, investment underperformance, and fiduciary process failures have become routine at the enterprise scale, with settlements and defense costs routinely reaching into the millions. The Department of Labor's enforcement posture has intensified scrutiny of investment committee governance and fee transparency.

How OnePark Risk Helps

OnePark Risk structures enterprise Fiduciary Liability programs with limits calibrated to the plan asset base, the litigation environment in your primary operating jurisdiction, and your investment committee governance practices. We coordinate coverage with your D&O and Employment Practices programs to ensure that fiduciary claims are handled by the appropriate policy without triggering allocation disputes across multiple coverage towers.

Enterprise Fiduciary Liability Program Essentials

• High limits aligned with plan asset base and litigation environment
• ERISA class action defense for fee and investment selection claims
• Investment committee governance evaluation and coverage positioning
• DOL investigation support and voluntary correction program costs
• Health plan fiduciary claims and benefit denial defense
• Coordination with D&O and EPLI programs to avoid allocation gaps