ABA Insurance Services offers a full suite of coverage for financial institutions including D&O, bond and related insurance from an A.M. Best A+ rated carrier as well as broad Mortgage Protection* solutions. Our unique banker-owned and directed program insures banks across the country and has a sustained market share of over 20%.
After hearing from bankers looking for a solution to address their insurance needs for mortgaged and foreclosed properties lacking adequate insurance, ABA Insurance Services now offers comprehensive Mortgage Protection* to protect the bank and its interests through two separate policies: broad Mortgage E&O and Impairment coverage and Force Placed/Foreclosed Property Insurance with REcover to easily manage your force placed/foreclosed property portfolio. Click to read announcement in SafeTalk.
American Bankers Mutual Insurance announces $1.3 Million distribution to banks.
American Bankers Mutual Insurance, Ltd. has declared $76.8 million in distributions to eligible banks of the American Bankers Association (ABA) since 1991. Banks that are insured through the program and are also ABA members are automatically members of this company. Click to read the press release.
* Due to pre-existing exclusive ABA vendor endorsements, Mortgage Protection from ABA Insurance Services is not an ABA-endorsed coverage program.