solutions through unified effort

vba partner organizations

 

Bankers Insurance, LLC

Formed by a consortium of community banks in 1999, Bankers Insurance, LLC is a full-service, independent insurance agency that is focused on the client experience and finding the right products to meet their customers’ various insurance and employee benefit needs. Their commitment to “No Excuse Client Service” includes using the combined resources of each of their now 23 offices in VA, WV and NC, giving them negotiating leverage with insurance providers and allowing them to offer a broad array of products at competitive rates. They also specialize in certain niche markets with the largest of these programs being the placement of insurance for community banks. With a combined 90+ years of experience managing the insurance needs of financial institutions, their “bank coverage team” currently places D&O, FI Bond, Cyber, Property & Casualty, and other insurance products for half of the Virginia community banks and stands ready to assist you with your bank’s insurance program. Endorsed Vendors are organizations serving the banking industry that have been approved by the VBA as companies with which member banks should do business.

VBA Multi-Bank Title Agency Program

VBA Management Services provides management for 4 multi-bank owned title insurance agencies. Member banks earn income in the form of dividends based on their share of ownership. Over $56 million has been distributed to owner banks since 1993. In addition, the VBA offers consulting services to banks and other state banker associations that are interested in establishing title insurance agencies. The VBA works closely with Investors Title Insurance Company in Chapel Hill, NC, a company committed to the distribution of title insurance through agencies owned by financial institutions. Their dedication to banks and their superior financial ratings have earned the confidence and trust of the VBA and many of its members. With over 23 years experience, the VBA has helped more than 150 banks and 6 state banker associations become involved in the sale of title insurance.The VBA has partnerships with a bank-owned insurance agency and several bank-owned title insurance agencies to bring more value-added services to VBA member banks and their customers.