MLIS - Fiduciary Liability: What You Need to Know - Live Webinar Presented by Kym Martell
While classroom courses are currently unavailable, Big I NJ still offers tailored in-house classes for your agency. Additionally, you can earn CE credits by attending ABEN or select CEP webinars. My Agency Campus continues to support your agency's employee onboarding, training, and advancement. Please feel free to contact us at any time with questions. Please be advised that our calendar does not support Interent Explorer and you will not be able to register using this browser. For the best browser experience, we recommend you use Google Chrome, Mozilla Firefox or Safari. MLIS - Fiduciary Liability: What You Need to Know - Live Webinar Presented by Kym MartellTuesday, June 15, 2021Description9:00 AM - 4:00 PM Those who complete the program are entitled to display the MLIS certification to demonstrate their knowledge of management liability insurance and risk management. Recommended for retail insurance agents/brokers and risk managers, as well as surplus lines brokers and underwriters This course has two goals—to take a detailed look at the fiduciary liability exposures that were created by the Employee Retirement Income Security Act (ERISA) of 1974 and to review the insurance policies that have been developed to cover these liability exposures. The first part of the course describes the basic fiduciary duties set forth in ERISA, examines the specific types of pension and benefit plans governed by ERISA, and analyzes the particular claims exposures created by these duties. Next, the course discusses the way in which fiduciary liability insurance is underwritten, provides methods of controlling exposures to fiduciary liability claims, and explains how fiduciary liability coverage is coordinated with other types of management liability insurance policies. The second part of the course takes a detailed look at the specific provisions within fiduciary liability insurance policy forms, including insuring agreements, covered persons/organizations, provisions pertaining to status changes, key definitions, limits/deductibles, conditions, exclusions, and coverage triggers. Learning Objectives This is an intermediate level course. Upon successful completion, students will be able to:
Approved for 6 NJ CE Credits
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