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Fiduciary Liability

Employee pension, benefit, and compensation programs are becoming increasingly complex. Anyone who serves as a trustee or who has discretionary authority over a pension, or other employee benefit plan, assumes a certain level of risk. Moreover, along with the increase in shareholder securities class action litigation, plaintiff attorneys have added ERISA “tag along” suits to the shareholder claims. However, the vast majority of fiduciary claims are brought by present or past employees or their families. The Department of Labor is yet another claimant who can bring civil fines and penalties against companies.

Fiduciary liability insurance protects benefit plans, the sponsor organization, and individuals acting as fiduciaries or administrators of the plans. The policy covers liabilities arising out of violations of any of the responsibilities, obligations or duties imposed upon fiduciaries by ERISA.

Responding to the Paradox
with a
Pioneering Solution

Building and Sustaining
Subcontractor Capacity
for the Future

Services

As a minority-owned and certified full-service insurance brokerage and surety bonding firm, The Cayemitte Group is proud to partner with each of its clients to assist in managing corporate risks and position firms for opportunity and growth. TCG’s multidisciplinary approach offers a wide range of strategic, advisory risk management and consulting services, including capital management support. Our unique area of specialty is the development and support of small, veteran, minority and women-owned business enterprises (MWVBEs) via financial and operational capacity-building and education programs to help access capital and open doors to opportunity.

We welcome you to explore how we can be of service to you.

Responding to the Paradox
with a
Pioneering Solution

Building and Sustaining
Subcontractor Capacity
for the Future