Slash Costs Instantly Fiduciary Insurance Deals for Developers

Why Fiduciary Insurance Matters

In the tech industry, developers often juggle multiple roles, including managing employee benefits. This dual responsibility can expose them to potential legal claims if they are perceived to have mismanaged these benefits. Fiduciary insurance offers protection by covering legal defense costs, settlements, and judgments, ensuring that developers can focus on their core tasks without the looming threat of financial liability. According to the U.S. Department of Labor, fiduciaries can be personally liable to restore any losses to the plan, making this insurance a crucial safeguard¹.