Since ERISA was enacted in 1975, The Segal Group has been offering brokerage services through the company’s Fiduciary Liability Insurance Practice and was instrumental in developing the language of the original fiduciary liability insurance policy. Fiduciary liability insurance — which protects multiemployer funds and public sector plans against lawsuits alleging a breach of fiduciary duty — pays for defense costs, settlements and judgments.
In 2013, this practice was incorporated as the insurance brokerage member of The Segal Group, Inc., and named Segal Select Insurance Services, Inc.
Segal Select works with plan sponsors and trustees to obtain a full range of fiduciary insurance and fidelity bond coverage as well as employment practices liability insurance and cyber liability coverage.
We are the largest retail insurance broker dedicated to fiduciary liability insurance and fidelity bonds for multiemployer plans and public sector plans and offer extensive experience obtaining insurance policies that offer broad coverage and competitive premiums.
For a complete history of The Segal Group and its other member companies, please visit The Segal Group.