Trustee Liability Insurance protects individuals and organizations who oversee funds or trusts (such as pension schemes, charities, or estate trusts) from personal and financial loss caused by claims of mismanagement, error, or negligence.
It acts as a safety net when trustees face legal or financial exposure while performing their fiduciary duties, ensuring that good intentions aren’t derailed by unforeseen legal risks.
Even the most diligent trustees can face lawsuits from beneficiaries, regulators, or employees, sometimes for simple mistakes or decisions made in good faith. Legal defence, investigations, and settlements can be costly and time-consuming. Trustee Liability Insurance ensures that trustees and the funds they manage remain protected from such financial shocks.
2. Compensation or settlements resulting from proven wrongful acts.
3. Losses due to employee dishonesty, theft, or cyber-related fraud.
4. Extended protection for retired or outgoing trustees.
Trustee Liability Insurance is designed for any individual or entity acting in a trustee capacity, including:
Every organization has a unique structure and responsibility — which means one-size-fits-all insurance won’t do. Our Trustee Liability Solutions are designed to protect trustees, boards, and fund managers from the financial and reputational fallout of mismanagement, errors, or fraud. Each policy can be customized to reflect the nature of your fund, size of assets, and regulatory obligations.
Protection for trustees of pension and provident schemes — covering legal claims, fraud, and computer-related losses.
Report the incident – We shall guide you through the documentation needed.
We handle the paperwork – Dawit Insurance liaises directly with the insurer on your behalf.
You get compensated – We ensure prompt follow-up until your claim is settled.
As your organization evolves, so do your governance and fiduciary risks. Trustees may change, new funds may be introduced, or regulatory obligations may tighten — and each change affects your protection needs.
Our ultimate interest is to match the customer’s expectations to the underwriter’s reality and eventually become our clients’ “insurance department”. This is achieved through a dedicated and professional staff and partnerships with insurance companies.
We’d love to hear from you about your business. As you continue to grow and take your business to the next level, let us worry about mitigating your risks. You can reach out by calling, emailing or paying us a visit. You can also fill in the form and we’ll get back to you in a bit.
It covers trustees, boards, and fund managers against claims of negligence, mismanagement, or breach of duty — including defence costs, settlements, and compensation.
It’s not mandatory by law, but strongly recommended for organizations governed by trust deeds, pension schemes, or boards with fiduciary responsibility.
Any individual acting as a trustee — including board members, directors, or professional trust managers — can be personally named in a claim or investigation.
Yes, depending on your policy, it can cover direct losses from employee dishonesty or cyber-related fund theft through fraudulent instructions.
Pricing depends on the size of your fund, number of trustees, and level of risk exposure. A consultation helps us assess your exact requirements and tailor an affordable, comprehensive plan for you.
We’re here when you need us most. Call, email or stop by.
Utumishi Coop Building,
Mamlaka Rd, Off Nyerere rd
P. O. Box 19023 GPO
00100 Nairobi, Kenya
Cell: 0723 856 447 or 0712 856 447
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