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The Hartford Financial Services Group Inc. offers a comprehensive, modular professional and management liability insurance policy specifically for private equity firms and those with similar risks. The Hartford Private Equity Choice Policy is designed to safeguard private equity funds and protect fund managers from the types of exposure arising from their different roles as professional investment advisor, fiduciary and employer.

According to Amit Dav?, assistant vice president of financial products underwriting for The Hartford, Private Equity Choice was developed in direct response to feedback from members of this highly specialized market as part of The Hartford’s growing portfolio of tailored products for businesses in the financial services sector. The policy combines the basic types of liability protection that private equity firms need, including fund management liability coverage, with updated market-specific policy wording and optional features, like fiduciary liability coverage, to help these firms insure against a variety of risks. The modular approach allows a firm to select coverage options that best suit its needs.

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