FIDUCIARY LIABILITY
Oak Brook, IL
Founded in 2014, Paradigm Insurance Group provides fiduciary liability insurance for trustees of the Taft Hartley Trust and public funds, as well as other commercial insurance products for large pensions, welfare, and apprenticeship funds and for small and medium-sized plans. In addition, Paradigm offers welfare fund clients value-added services such as voluntary benefits for plan participants, which offset deductibles and co-pays to help keep plan members on a solid financial basis.
“The challenge we face in this niche is that there are too few insurers willing to write fiduciary liability for Taft Hartley/ multiple employer funds,” says senior vice president Thomas Davis. “I built the book of business with a strong focus on networking within multiple spheres of influence and client referrals.”
