Investment management professional liability

• Designed to address the full range of asset management industry organizational models, products, and services
• Customizable to each firm’s individual business model and insurance needs, and easily adaptable to the firm’s organizational changes
• Provides ability to select a combination of coverage parts and elect a different retention or sublimit appropriate to each coverage part

• Allegations by clients for breaches of investment guidelines
• Prospectus liability lawsuits against mutual fund directors, advisers, and service providers
• Formal regulatory investigations into alleged trading violations
• Allegations of failure to disclose risks or conflicts of interest
• Fee-based lawsuits
• Lawsuits for failure to perform due diligence in the selection and oversight of sub-advisers or outside funds
• Alleged performance misrepresentations
• Alleged improper valuation of fund assets
• Allegations by pension fund clients of ERISA violations
• Employment practices liability and fiduciary liability exposures, including employee discrimination, sexual harassment, and breach of fiduciary duty in managing their employee benefit plans

Full array of asset management firms and investment funds, including: