Actuaries, Pension and/or Employee Benefits Third Party Administrators (TPA) and Consultants E&O Insurance
We provide errors and omissions (E&O) insurance, also known as professional liability insurance, to the following professionals:
Employee Benefit Consultants
Third Party Administrators (TPA)
Pension actuaries provide estimates of the cost and funding requirements of various pension plans. Most pension actuaries work as consultants.
Pension consultants and employee benefit consultants provide advice regarding the design, implementation, and administration of various pension and employee benefit plans.
A TPA is the administrator of a pension or employee benefit plan. A TPA is responsible for the day to day administration of the plan. TPAs are responsible for the contributions made by plan participants,
distributions to participants, and must also arrange for the investment of funds.
We work with multiple insurance carriers that can provide errors and omissions (E&O) insurance to pension actuaries, pension and employee benefit consultants, and third party administrators (TPA).
We also work with a program which provides professional liability insurance coverage for employee benefits-related services, including*:
Pension and/or employee benefits third party administration, design and consulting
Pension and/or employee benefits actuarial services
Selling or servicing of employee benefit plans
Selling or servicing of variable products
Selling or servicing of life insurance
Selling or servicing of accident and health insurance
Selling or servicing of mutual funds
* These services are subject to limitations and exclusions. Please refer to the actual insurance policy for details regarding coverage, exclusions, and limitations.
Call us at 1-877-245-5887 if you have any questions or wish to discuss your E&O insurance needs.