EP10 - Fiduciary Insurance for ESOPs - discussion with Jeff Gelburd with Murray Insurance
This episode is dedicated to better understanding insurance for ESOPs. Jeff Gelburd with Murray Insurance is a pioneer in getting insurance policies to mitigate fiduciary risk set up way back when things were just getting started in ESOPs. He explains the bundling of Fiduciary, DNO and Employee Liability as well as the trends for insurance relative to transaction trustees for ESOPs.