IT Service Providers Explore High Limit Fiduciary Coverage Options

Why IT Service Providers Need Fiduciary Coverage

As an IT service provider, your role often extends beyond technical support to include advisory services that may involve employee benefits and retirement plans. The complex regulations surrounding these plans can expose your company to significant legal risks. High limit fiduciary coverage mitigates these risks by covering legal defense costs and any settlements or judgments resulting from fiduciary breaches. This protection ensures that your company can continue to operate smoothly without the financial strain of unexpected legal expenses.