ERISA Compliance Alert: $25MM Capacity Available for 3rd Party ERISA Bonds

does your client service ERISA plans? they may need a separate bond

Does Your Client Service ERISA Plans? They May Need a Separate Bond.

Did you know Berkley Crime offers up to $25 million in capacity for Third Party ERISA Bonds?

If your client provides services to ERISA Plans, they may be required to purchase a separate Third Party ERISA Bond to comply with ERISA’s bonding requirements.

Depending on the level of Assets Under Management, bond amounts can easily reach eight to nine figures, often necessitating a quota-share arrangement among multiple carriers, an option that Berkley Crime can offer or help facilitate.

Let’s ensure your clients are covered! Contact one of our team members today to discuss your client’s ERISA Bond needs.

Encourage your clients to take a proactive approach to protecting their business in the event of a loss!

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Make sure your clients have crime insurance. Take the steps to ensure that your clients are covered by calling one of the Berkley Crime team members listed below.

Sincerely,

Michael Beranek
Berkley Crime

Experts focused on your protection. We deliver.

National Practice Leader
Michael Beranek 
(646) 522-7362
[email protected]
East Regional Manager/Commercial Crime Product Leader
Matt McNamara 
(212) 497-3707
[email protected]
West Regional Manager
Brian Platt
(720) 979-1155
[email protected]
Renewal Team Leader
Cheryl Yorio
(860) 466-7379
[email protected]

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