The following article by Jeff Gelburd, Vice President, and Patrick Dixon, Account Executive, of Murray appeared in the March 2020 edition of The ESOP Association newsletter.
Litigation, Other Factors are Affecting the Availability and Pricing of Products Available to Protect ESOP Companies and Executives
Over the last 30+ years, corporate members have benefited from the affinity insurance program endorsed by The ESOP Association. More than 300 ESOP companies are served by this program, which provides Director’s and Officer’s, Fiduciary Liability, Employment Practices Liability, Crime, and Cyber insurance.
Murray – a 25-year old ESOP insurance broker headquartered in Lancaster, PA – administers this insurance program. Within the past five years, we have seen tremendous change in the insurance available to those working in or serving ESOP companies.
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