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Who We Serve

Find management liability solutions for your organization.

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Who We Serve 

 

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Coverages

Find coverage solutions for management and professional liability risks.


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Coverages

Directors & Officers Liability

Fiduciary Liability

ORPROtect

Multi-line Coverage for Private Companies



Employment Practices Liability

Crime/Fidelity

InvestPro

Multi-line Coverage for Asset Managers

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About

Learn more about Old Republic Professional, a close-knit management liability team within Old Republic International.

 

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Fiduciary Liability

Coverage for ERISA and employee benefit plan exposures.

Fiduciary liability exposures can arise from the management, oversight, and administration of employee benefit plans. Old Republic Professional provides Fiduciary Liability coverage for organizations and plan fiduciaries facing claims related to ERISA and employee benefit plan responsibilities.

Underwriting Approach

Old Republic Professional works with brokers to evaluate fiduciary exposures based on plan type, plan assets, oversight process, and coverage structure. Our underwriting approach is designed to support organizations with defined contribution and defined benefit plan exposures, with primary and excess capacity available based on the risk and attachment point.

Fiduciary coverage is available on a standalone basis or as part of broader management liability programs, including ORPROtect and InvestPRO. This allows brokers to address plan-related exposures within the context of the organization’s overall management liability placement.

On This Page   
Coverage Options    
Appetite    
Resources    
Related Solutions    

Coverage Options

Standalone Fiduciary Liability

Fiduciary Liability coverage is available for organizations seeking coverage outside of a broader management liability package.
ORPROtect

Fiduciary Liability coverage is available as part of ORPROtect, Old Republic Professional’s modular management liability solution for private companies and nonprofits.

Learn more about ORPROtect

InvestPro

Fiduciary Liability coverage is available alongside D&O, E&O, and EPLI coverage for financial institutions and asset management firms.

Learn more about InvestPro 
Excess

Additional capacity for Fiduciary Liability placements.

View Excess Coverage Details

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Appetite

 

Capacity

Up to $15M

Minimum Fiduciary Retentions

  • Under $200M plan assets: $0

  • $200M to $400M plan assets: $25K base / $0 mass/class

  • $400M to $600M plan assets: $50K base / $500K mass/class 
Preferred Primary

  • Defined contribution plan assets under $600M

  • Defined contribution plan assets of $600M to $1B with a prudent plan oversight process 
Preferred Excess

  • Defined contribution plan assets up to $1B

  • Defined contribution plan assets of $1B to $5B, attaching excess $10M or higher
Considered

  • Underfunded defined benefit plans

  • ESOPs

  • Public entities

  • 401(k)s with employer securities

  • Higher attachments on well-run plans with assets exceeding $5B
Pass

  • Labor management trusts

  • Multiple employer welfare arrangements

  • Voluntary employee beneficiary associations

  • Colleges and universities

  • “Church plan” exemptions to ERISA

Fiduciary Liability

Resources

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Have a submission or question? If you already work with an Old Republic Professional underwriter, please continue to reach out to your contact directly.

New to Old Republic Professional? Visit our team page to connect with an underwriter.

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