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
Read more on your risks as an individual trustee
Although you may be serving as a trustee in a professional capacity as a lawyer, CPA, or other business associate, trustees are subject to Fiduciary standards—the highest duty under the law—and are personally liable. Read more and get coverage quickly here.
Read more on the risks faced by Family Offices
Family Offices are where personal and corporate liability connect—often causing confusion, gaps in coverage, and the need for expert guidance. Read more here.
To learn more, contact:
Family Office & Trustee Liability Resource Group Leader
720.593.5410 | firstname.lastname@example.org
Learn about what a purpose trust is and how you can protect it.
In this article, we’ll explore the distinctive features of the two types of family offices and the necessary insurance requirements for an embedded family office.