Stability in Times of Uncertainty

April 4, 2017

Financial Strength Is a Key Commitment

In moments of uncertainty, the last thing any client needs to worry about is the financial strength of their insurance company. Berkley FinSecure is a member of the financially strong W. R. Berkley Corporation, rated A+ (XV) by A.M. Best. We deliver a commitment to Financial Institutions that, in turn, have a commitment to depositors to be financially strong. Living that commitment helps us understand the importance of being relied upon in times of unknown risk.

Our experts in underwriting, sales and claims have an average of over 20 years of experience working with Financial Institutions. During our time, we’ve seen insurance companies fail and have witnessed the rush to secure coverage from other insurance companies. In the midst of a failure is not the time to try and find coverage elsewhere, because everyone else is doing the same thing.

Delivering Peace of Mind

When it comes to selecting an insurance program for your client, the insurance company means a lot in delivering that peace of mind. Compromising or settling should never be part of a comprehensive risk management plan. Insurance is a critical aspect to any company plans for sustainability in the face of fortuitous loss. For these reasons, high level financial review of all insurers selected for client programs should be conducted on an ongoing basis. In depth risk analysis of the financial performance of the carriers on your client’s risk transfer programs should be conducted at least annually.

If you or your client have concerns about the financial strength of your client’s insurance company, review the alternative insurers offering the coverage and service you desire. While alternatives may be a little more expensive, you likely will have a more stable insurer (and perhaps fewer sleepless nights for you and your client). You don’t want to be part of a rush to market, and you definitely don’t want to be on the wrong side of a failure. Allowing our experts to assist in transition will provide peace-of-mind, an industry-leading program, and the strength of a financially strong insurance company. At Berkley FinSecure, we work hard to ensure we deliver.

Make Sure Your Financial Institution Clients Have Peace of Mind About Their Insurer

Contact any one of us below for help in making sure your FI customers have the right coverage from a strong, stable company!

VP Sales and Distribution Jon Martin 410-372-6325 [email protected]	Midwest Region Contact: Jon Martin 410-372-6325 [email protected]
Northeast Region Jeanne Shrum 207-415-4587 [email protected]	West Region Scott Harris 512-800-5393 [email protected]
Mid-Atlantic/South Regions Dave Cassel 443-987-8619 [email protected]	Northwest Region Pete Verretto 206-802-3076 [email protected]

Experts focused on your protection.

We deliver.

Products and services are provided by one or more insurance company subsidiaries of W. R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. Certain coverages may be provided through surplus lines insurance company subsidiaries of W. R. Berkley Corporation through licensed surplus lines brokers. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.

For additional information concerning W.R. Berkley Corporation’s insurance company subsidiaries, please visit: http://wrbc.info/Licensing/License.htm

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