BancInsure

By Bankers - For Bankers
THE COMPANY BANKERS BUILT

Past
• During the mid-80's agricultural crisis, some insurance companies pulled out of the Midwest, leaving bankers nowhere to go for financial institution bond and directors' and officers' liability coverage.

• In 1985, a captive insurance company, BancInsure was formed by 15 banker associations.

• BancInsure entering the market triggered a competitive insurance environment. This forced premiums down for ALL Montana and Wyoming banks, saving millions of premium dollars for ALL banks.

• BANCSERVE agent Tempi Ruth, CAE, CISR, CIC, helps risk manage community banks and has specific knowledge in financial institution bond, directors' and officers' liability insurance, and property casualty coverages. Further, banker to agent and agent to underwriter communication provides rapid responses and product enhancements.

Present
• Current Clients: Montana banks - 46, Wyoming banks - 8.

• BancInsure is the only insurance company still owned by two state bankers associations and private investors.

• BancInsure offers premier insurance products for banks only, at a stable, highly competitive premium nationwide. Visit their website at bancinsure.com

• Tempi is your full-time insurance risk manager: e-mail Tempi Ruth or call (800-541-5126 or cell # 406/861-3811)

• A.M. Best Company rates BancInsure "A-" (Excellent). A.M. Best says of BancInsure, a solid capitalization, sound liquidity position, and strong niche market presence.

Future
• BANCSERVE will continue to provide risk counseling for community banks in Montana and Wyoming.

• BancInsure will continue to provide innovative insurance products designed just for banks, incorporating features that traditionally are excluded from commercial insurance policies.

• BancInsure will continue to provide a competitive market to keep costs down for all community bankers.

• Community bankers on the BancInsure Board will continue to make decisions for your Bank's benefit.