BancInsure

BancInsure was founded and owned by the state bankers associations of 15 states (including Colorado) and still is endorsed by those bankers associations. The company was formed during the financial insurance crisis of the early 1980's and now insures 25% of all banks in the U.S., carries a rating of "A" (Excellent) from A.M. Best, and enjoys a renewal rate of 96% with its customers. BancInsure was created to provide a stable and dependable source of insurance at competitive rates. Because the company is directed by active bankers, bankers deal with people who look at insurance from their side of the desk and who will treat them fairly if a loss occurs.

In addition to Financial Institution Bond and Directors and Officers Liability Insurance, BancInsure offers an expanded line of financial insurance products including entity coverage for lender liability and employment practices liability, insurance for deposits in excess of the FDIC coverage, bankers' professional liability insurance, and lifetime D&O coverage for retiring officers and directors, to name a few. BancInsure writes three year policies and offers a significant discount for prepayment.

For more information contact Pam Adams at ISU Insurance - 303.534.2133.