The Family Office & Trustee Liability Resource Group works with individual and institutional trustees including (private) trust companies and family offices to manage the directors and officers (D&O) liability risks for fiduciaries.
This service combines specialized expertise with Woodruff Sawyer’s wealth of data, providing better understanding and coverage for those working with private family funds.
The laws surrounding trust structures are changing quickly and have not been tested in the courts. At a time when clients can expect premiums to balloon as claims occur and laws are tested, Woodruff Sawyer’s Family Office & Trustee Liability Resource Group focuses on identifying and mitigating risk proactively—protecting clients through not only D&O coverage, but E&O (Errors & Omissions), Cyber Liability, and more.
We serve the following types of fiduciaries:
- Individual and professional trustees
- Professional service providers such as attorneys, CPAs, and financial advisors serving as trustee
- Trust companies
- Family offices
To learn more, contact:
Family Office & Trustee Liability Resource Group Leader
720.593.5410 | firstname.lastname@example.org
Vice President, Management Liability
720.593.5415 | email@example.com
One new option for avoiding the high costs of D&O insurance involves an individual board member offering to indemnify fellow board members in lieu of it, which has some important pros and cons.
If you are serving as an officer or director of a public company (or a large private company), it has never been more important to make sure that you have an aggressively protective personal indemnification agreement.