Through
expertise in both the banking and insurance fields, FSIA's staff is able to offer
financial institutions the high degree of knowledge that is required in order to obtain
the required coverages at the appropriate pricing levels. To this end, FSIA's staff
assists institutions in becoming better risks by getting involved in the risk management
process. By working with FSIA, the institution is afforded the opportunity to work with
individuals who continually operate in this marketplace.
FSIA will act as
the agent/broker of record, seeking competitive quotations for these important coverages
including Director and Officer Liability Insurance, Financial Institution Blanket Bond,
Kidnap-Ransom/Extortion Insurance, Safe Deposit Insurance, Computer Crime Insurance,
Fiduciary Liability Insurance, Debit/Credit Card Issuers Insurance, Trust Departments
Error and Omissions Insurance, Employment Practices Liability Insurance, Property
(including Boiler Machinery) and General Liability Insurance and Environmental Property
Transfer Insurance. Of course FSIA offers the MBA-endorsed ABA Progressive Insurance
Company's Banks' Insurance Program.
This program
features Directors and Officers Liability Insurance and Financial Institutions Bond
Insurance. Our knowledge in both the banking and insurance fields allows us to assist the
financial institution in matching the appropriate types and amounts of coverages to fit
its specific need.
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