Bankers Insurance Agency

Could you rebuild your bank after a catastrophic event? Are your buildings insured to their proper value? Do you have unique exposures that may not have been addressed in the past?  Would you have the resources to resume business operations within five days of such a loss? If you’re unsure or unable to answer these questions confidently, it’s time to reconsider your insurance coverage.

Protect your bank’s lending portfolio. In times of economic downturn, your bank may find itself facing the need to repossess properties or enforce coverage on existing loans. How do you navigate these insurance exposures effectively? Introducing our Forced Place/Repossessed Property and Flood Program. Designed to provide cost-effective solutions, our program is essential for safeguarding your bank’s overall lending portfolio.

Did you know that debit and credit card fraud ranks as the leading form of identity theft? With card fraud projected to cost banks and merchants over $300 billion this year alone, ensuring adequate insurance coverage for such losses is paramount. We offer comprehensive coverage against debit and credit card fraud. Our policy is among the most extensive available in the market and is priced affordably, with most premiums below $2500.

Mortgage errors & omissions liability coverage plays a crucial role in protecting your bank’s interests. This coverage ensures that in the event of a loss to mortgaged property due to your failure to require, purchase, or maintain insurance on real property collateral, your bank is financially protected. For banks involved in mortgage lending and servicing, this insurance coverage is essential.