To simplify insurance purchases for smaller banks, a Citigroup unit has introduced a product that wraps seven liability and crime insurance lines into one policy.

Called Travelers Advantage for Financial Institutions, the policy covers director's and officer's liability, employment practices liability, fiduciary liability, banker's professional liability, financial institution bond, computer crime, and ransom and extortion coverage.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.