Bank Insurance Help, Articles, Info, and White Papers
www.BankInsuranceReview.com» - Learn About Our Bank Insurance Review Projects
FAQ - Questions and Answers About Our Bank Insurance Reviews»
Bimonthly Bank Insurance Newsletter - 6 Times A Year»
Case Study - Bank Insurance Assurance Review» - Timeline of actions and findings from a client project (names all changed to protect the underinsured).
Do-It-Yourself Insurance Consulting - The Bank Insurance Toolbox» - Does your bank have the right insurance protection? Are you sure? Really sure? This banker's toolbox has everything you need to review your coverage to be sure.
How to Fine Tune Your Bank's Insurance Program» - Article reprint from Maine Community Banker Magazine.
Simmonds on Bank Insurance - The Blook» - All the information from our bank insurance book available online.
Simmonds on Bank Insurance - The Book» - The book written for bankers who manage insurance for their bank.
Bank Insurance Terms» - Definitions of the common insurance terms used in bank insurance.
Insurance Due Diligence for Community Banks» - White paper covering the issues and concerns of managing a bank insurance program.
To Receive Our Due Diligence Info Kit - Email Us»
19 Reasons Your Bank Should Hire An Insurance Consultant» - Why your bank should hire an insurance consultant - issues and circumstances - situations and concerns.
Builders Risk Insurance for Banks» - Building a new branch? Coverage considerations from Simmonds on Bank Insurance.
Bank Directors' and Officers' Insurance» - A coverage overview - from Simmonds on Bank Insurance.
Employment Practices Liability Insurance» - A coverage overview - from Simmonds on Bank Insurance.
Financial Institution Bond» - A coverage overview - from Simmonds on Bank Insurance.
Mortgage Impairment» - A coverage overview - from Simmonds on Bank Insurance.
Forced Placed / Foreclosed Property Insurance» - A coverage overview - from Simmonds on Bank Insurance.
Lender's Single Interest Insurance» - A coverage overview - from Simmonds on Bank Insurance. What issues you need to consider.
The Unique Issues of Claims-Made Insurance» - A coverage overview - from Simmonds on Bank Insurance.
"Your work for us is as important as any insurance policy we buy."
Bill Swales, Bangor Savings Bank
Bank Insurance Services and Results
Due Diligence Coverage Review & Analysis»
A comprehensive review of your bank's exposures and your current insurance program. What are the coverage gaps and overlaps? Are you working with the right insurance company?
Your Results: You get lower insurance costs and a greater understanding of what your insurance covers and what it doesn't cover. An independent, unbiased evaluation of your insurance will eliminate costly policy gaps and overlaps.
Bid Management / Renewal Assistance»
Use competition to get the best price and coverage for your bank. We provide assistance in the selection of qualified insurers and the analysis of the proposals offered.
Your Results: Your bank obtains the best coverage and price the marketplace has to offer. Unbiased assistance in the review and selection of the right insurance program makes your work easier and more effective.
Insurance Management Services»
How do you manage the entirety of your insurance program? What issues should be considered at renewal? Is this the right time for your agent to provide alternative quotes? What loss control services should your insurer provide? What claims management issues need to be addressed?
Your Results: You realize a reduction in the administrative burden insurance places on your bank. You get on-call expert assistance with any insurance matter - coverage, premium, or claims.
Claims Assistance»
Is the insurance company handling your claim properly? Is the offered settlement fair based on the coverage you purchased? Is a claim denial appropriate? What coverage should have been in place?
Your Results: You're assured an equitable loss settlement from your insurance company. Our unbiased interpretation of how your coverage applies to the events that occurred gives you ammunition in your efforts to become whole. You get assistance navigating the process and a faster resolution of your claim.
Member of the Maine Association of Community Banks
and the Massachusetts Bankers Association
