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Passport for Pension Trust Liability
Passport offers an efficient way for multinationals to secure Pension Trust Liability (PTL) insurance, including locally-admitted policies, aligned with local laws, regulations and customs in many countries worldwide.
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Features and Benefits
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- Delivers market-leading Executive Liability coverage to protect directors, officers and employees who are named in a lawsuit stemming from allegations such as imprudent plan investment or errors in plan administration
- Offers an efficient way for multinationals to secure PTL insurance, including locally-admitted policies, aligned with local laws, regulations and customs in many countries worldwide
- Claims are handled by local claims examiners, who are supported by a home country claims management team
- Access to local experts in underwriting and claim and litigation management
- Available for new and renewal business
- Currently available to address risks in 20 foreign countries and jurisdictions
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Claims
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We have assembled a seasoned team of claims professionals who are experienced in managing some of the highest-profile D&O, E&O, employment practices, fiduciary, crime and technology cases in the industry, for entities of all sizes and across most industries-from Fortune 500® companies to not-for-profit organizations; multinational corporations to privately-held enterprises.
Our centralized in-house operation, positioned adjacent to our underwriting colleagues, allows us to facilitate prompt case resolution and the best possible claim outcomes. We offer access to some of the nation's leading law firms specializing in the defense of securities, employment practices, fiduciary and technology claims. And in the toughest environment, policyholders can count on our aggressive litigation strategies to defeat even the most formidable plaintiff's attorneys.
To report a claim please contact us:
Tel: 888-602-5246
Fax: 866-227-1750
Mail:
c-Claim for Financial Lines
175 Water Street, 9 Fl.
New York, NY 10038
To follow up on an existing claim:
Tel: 888-602-5246
Download a claim form for submission.
To request loss runs, contact Broker Services at 877-867-3783