Insurance - Denver, Colorado, United States
Nomadx Solutions provides fiduciaries with the resources they need to identify, mitigate and transfer the risk they assume when they agree to serve as a trustee. This enables owners of wealth to protect their trustees and fiduciaries to oversee the transfer of their wealth. The rules and laws governing trustees and other fiduciaries are complex and often contradictory. Many fiduciaries, especially individuals and professional advisors who frequently serve in these roles, as well as most beneficiaries, do not understand all of these responsibilities. In a time of increased litigation, this situation significantly increases the risks for fiduciaries. It's essential to have the right processes and procedures in place, as well as the knowledge, that can reduce the trustee's or fiduciary's risk. From risk analysis and mitigation to insurance reviews and implementation, Nomadx Solutions has unique expertise to work with individuals, professional trustees, trust companies, law firms, and CPA's to implement an insurance solution that transfers risk. The Nomadx professionals have decades of experience in the management of risk associated with the administration of trusts and estates. Our professionals can help you, and your advisors, deal with all aspects of being a trustee including assistance with the design and underwriting of appropriate insurance.Contact President and CEO, Judith L. Pearson, at jpearson@nomadxsolutions.com for more information.
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