Overview
In today’s legal and economic environment, every organization must act prudently to protect its directors, officers and fiduciaries. Arch Insurance has a state-of-the-art Fiduciary Liability Insurance Policy coupled with the Arch Essential Fiduciary Enhancements® Endorsement to protect these individuals, employee benefit plans and its sponsors from the evolving and complex exposures of ERISA.
Our team of underwriting professionals have extensive experience in evaluating ERISA exposures and offer creative and customized solutions for all companies in all industry segments. Our underwriters evaluate and analyze the risk factors for each account and tailor their underwriting approach to identify, manage and charge appropriately for exposures particular to each insured.
Customer Profile
Public and private companies in all industry segments including multiple employer trusts and multiemployer plans.
Distribution
Select retail and wholesale producers.
Capacity
Up to $25 million in limits on a primary and excess basis.
Financial Strength
- A.M. Best: A+ XV.
- S&P: A+.
- Fitch: AA-.
- Moody’s: A2.
Ratings are as of Dec. 31, 2023. Ratings are for Arch Insurance Company, Arch Specialty Insurance Company, Arch Property Casualty Insurance Company and Arch Insurance (UK) Limited. Arch Indemnity Insurance Company is not rated by Moody’s; Arch Insurance Canada Ltd. is not rated by Moody’s or A.M. Best.
Corporate Contacts
Stephen Swartley
CUO, Executive Assurance & Senior Vice President, Growth & Middle Market
Hela Trerotola
Senior Vice President, Growth & Middle Market
Proud to be recognized as a 2022 5-Star Professional Liability and D&O carrier by Insurance Business America.
Jamie Schibuk, EVP Professional Liability and Cyber, and Hela Trerotola, SVP Growth & Middle Market, describe what differentiates Arch in the market and their plans for the future.
Our Brand Promise
Pursuing Better Together encapsulates how we do business at Arch Insurance. It is an approach that is based on collaboration, responsiveness and a genuine commitment to continually raising the bar.
It is our promise to our brokers, colleagues and other partners to:
- Listen, share insights and work together to deliver informed solutions.
- Build trusting, respectful and responsive relationships.
- Understand your goals and explore possibilities together.
Key Product Features
- Competitive policy form and rates.
- Non-cancellable policy (other than premium payment).
- Duty to defend policy with an option for the insured to assume defense.
- No panel counsel.
- Covers claims against insureds for wrongful acts by other persons when the insureds are legally responsible for such acts.
- Automatic Voluntary Settlement Program and HIPAA coverage (subject to sublimits).
- Broad definition of loss.
- Liberal notice and reporting provisions.
- Bilateral extended reporting provision.
- Broad severability.
- Arch Essential Fiduciary Enhancements® Endorsement offers:
- Coverage for fact finding investigation and procedural appeal.
- Affirmative defense costs coverage for insureds acting in a settlor capacity.
- Enhanced conduct exclusions providing final, non-appealable adjudication with full severability including defense costs carveback.
- Streamlined Priority of Payments language.
- Ability to tailor coverage for unions and labor organizations through the Arch Essential Multi-Employer Plan Fiduciary Liability Conversion Endorsement®.
Broad Organization Liability Protections
Securities Investigation Co-Target Coverage protects the Insured Organization when a securities investigation is also maintained against an Insured Person.
Broad definition of Subsidiary includes all entities while under Management Control, including partnerships.
Claim reporting 180 days after expiration, provided the Insured renews coverage with Arch. 60 days otherwise.
Submission Guidelines
- Completed Application with loss history (refer to the Document Library).
- Audited financial statements and/or Form 5500’s for the five largest pension benefit plans.
- Please send all submissions to your local underwriter or directly to the appropriate regional contact listed below.
Speak with a Regional Expert
Northeast Contact
Peter Phillips
Vice President, Growth & Middle Market
South Central Contact
Chad Bertuleit
Vice President, Growth & Middle Market
West Contact
Patrick Bradbury
Regional Vice President, Growth & Middle Market
Southeast Contact
Mitchell Adolphson
Regional Vice President, Growth & Middle Market
Central Contact
Brittany Cosgrove
Regional Vice President, Growth & Middle Market
Document Library
Fiduciary Application
Dec Page – Fiduciary Policy
Policy Form – Fiduciary Policy
Explore Our Related Products
- Arch Corporate Canopy 2.0℠ for Growth & Middle Market Businesses
- Arch Essential Excess Policy® for Growth & Middle Market Businesses
- Arch Essential Side A® for Growth & Middle Market businesses
- Directors & Officers Liability for Growth & Middle Market businesses
- Employment Practices Liability for Growth & Middle Market Businesses
- Arch Corporate Canopy® Wholesale