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Fortegra, Rockwood partner on financial institutions coverage

Fortegra Specialty Insurance Co., a unit of The Fortegra Group Inc., and Claymont, Delaware-based managing general agency Rockwood Programs Inc., on Tuesday launched management and professional liability coverage for financial institutions.

Bankers Defender coverage offers liability limits of up to $5 million on various lines except employment practices, which has a $2 million maximum limit.

Coverages available include directors and officers, errors and omissions, employment practices and lender liability, among others.

Mortgage bankers and brokers, auto lenders, asset-based lenders, community development funds and similar entities are also eligible for coverage.