ABA Insurance Services

For Bond and D&O for De Novo Institutions

| Program Benefits | Coverages | How to Apply |

ABA Insurance Services offers Bond, D&O and Professional Liability coverages to well-run financial institutions with specific expertise in addressing the needs of de novo institutions.  De novo banks that participate automatically become owners in the mutual reinsurance company, American Bankers Mutual Insurance, Ltd., which is directed by a board of bankers and distributes profits back to participants.  The Program is written on A+ rated (A.M. Best) paper and is endorsed by 29 state bankers associations.

BENEFITS OF THE PROGRAM

• Competitive premiums and commissions
• Innovative coverages such as Privacy Protection address bankers' evolving needs
• Profit sharing distributions ($71.5 million to date!)
• Loss control resources such as the SafeTalk newsletter, SafeAlert bulletins and the Employment Practices Helpline for policyholders of the program's Employment Practices Liability coverage
• Experienced underwriters who understand bank operations and design coverage programs to address the specific needs of each bank
• We work directly with you or with your trusted insurance agent

COVERAGES