Bankers Defender
Offer unique, comprehensive programs to financial institutions.
Bankers Defender delivers a powerful, all-in-one liability solution for banks and financial institutions navigating today’s complex regulatory environment.
Why Offer Bankers Defender?
- Flexible coverage and diverse program offerings tailored to fit the unique needs of banks and other financial institutions.
- The expertise and support of three entities (Rockwood, Fortegra, and Wilson-Elser) with 35+ of experience working with financial institutions.
- Support for policyholders includes legal support/claims advocacy and access to a dedicated claims response team.
- 10+ essential coverages in one bundled policy.
Product: We are seeking depository (banks) and non-deposit-based entities, traditional as well as unique insurance solutions for managerial liability and financial institution crime bond exposures.
This program includes protection for:
- Directors & Officers
- Errors & Omissions
- Employment Practices
- Fiduciary Responsibilities
- Cyber and Privacy Risks
- Trustee Services and more
Program Limits:
- Up to $5,000,000 ($2,000,000 for EPLI). Additional limits are available through the Fac marketplace, using both domestic and London facilities.
- Managerial/professional liability exposures are D&O-driven and fidelity exposures bond-driven. Non-D&O or bond coverages not available on a stand-alone basis.
Desired Classes Considered
- Closely held private trust companies.
- Deposit and Non-deposit style lenders, i.e., community banking institutions, mortgage bankers/brokers, auto lenders, asset based-lenders, community development funds, etc.
Insurance Company: Fortegra Specialty Insurance | A.M. Best A- Excellent | Class X
Claims Handling: Wilson-Elser
Contact us today to learn more:
Bill Hess
bill.hess@rockwoodinsurance.com
Rockwood can also provide a quote from any insurance company’s application. Upload here.
