American E&S Insurance Brokers (AES) introduces an exclusive bank package program, offering bankers' professional liability, D&O and bond coverage for financial institutions nationwide.
AES designed this facility for community banks, but there are no qualification restrictions on the size or type of financial institution. Distressed banks are eligible, and the facility offers "A+" rated security. D&O and BPL coverages provide limits up to $3 million, and bond coverage has limits up to $5 million. Excess limits are available by request.
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