WHITE PLAINS, June 17, 2026 – Marsh McLennan Agency (MMA), a business of Marsh (NYSE: MRSH) and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the launch of a Trustee Crime Insurance Solution for high-net-worth clients, providing, for the first time, protection for theft committed by trustees.
High-net-worth individuals and their families often use trusts to manage their complex financial portfolios due to the significant advantages they provide, including tax benefits and enhanced confidentiality and flexibility. Trusts, however, introduce unique risks that must be managed effectively, including the risk of theft by trustees.
Traditional crime insurance policies, however, typically only cover theft by employees, leaving high-net-worth individuals and families exposed to the actions of trustees. With MMA’s Trustee Crime Insurance Solution, clients can exclusively purchase up to $10 million in coverage from an AM Best A++-rated insurer. This product closes a significant gap in exposure and provides clients the peace of mind that their beneficiaries are protected regardless of who manages it.
“We work diligently to understand our clients’ unique wealth preservation goals and the risks associated with achieving them,” said Seth Spreadbury, National Family Office Executive Liability Leader at MMA. “In our ongoing conversations with clients, it became clear that they needed more safeguards in place for their complex trust structures, and we look forward to offering this solution as part of our efforts to ensure their legacies remain intact.”
The offering rounds out a suite of trust insurance solutions MMA offers clients to ensure family legacies are protected regardless of circumstances, including coverages for property exposures and liability risks.
