The Segal Group has incorporated its Fiduciary Liability Insurance Practice as its subsidiary and renamed it as Segal Select Insurance Services.
The company has also appointed Brian Smith as chief operating officer of the renamed entity.
The Segal Group president and CEO Joseph LoCicero said, ”Segal’s Fiduciary Liability Insurance Practice is nationally known and highly-regarded for its expertise in protecting plan sponsors.”
Smith said the company has expanded has expanded its original mission to assist joint labor-management benefit plan Boards of Trustees in obtaining fiduciary insurance and fidelity bond coverage under the statutory provisions of the Employee Retirement Income Security Act (ERISA) over the last 10 years.
”We have added expertise in providing employment practices liability insurance (EPLI) and cyber liability coverage and we have expanded our client base to provide insurance risk consulting services to Public Sector plans,” Smith added.
Headquartered in New York, Segal Select Insurance Service is licensed in all 50 states and has licensed brokers in each of the company’s geographic regions.