Great American Names Coordinator for Multi-Employer Fiduciary Liability

February 2, 2010

Great American Insurance Group’s Executive Liability Division (ELD), based in Schaumburg, Ill., appointed Synergy Professional Associates of Kinnelon, N.J., as its national production coordinator for Multi-Employer/Taft-Hartley Plan Fiduciary Liability Insurance.

Great American’s ELD has been providing management liability insurance for more than two decades. Its Multi-Employer Plan Fiduciary Liability Underwriting Unit was organized in 2005 and is focused on addressing the personal liability of management and labor union-appointed fiduciaries of multi-employer trust funds.

Myles Alonzo will direct the program’s marketing efforts. Alonzo joined Synergy in 2009.

The policy is admitted in 37 states. Plan types being quoted include defined contribution plans, defined benefit plans, and numerous health and welfare benefit plan types. Individual policies can be written on a plan specific basis or master policies can be created to address multiple plans.

Source: Great American Insurance Group

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