Insurance for Banks and Lending Institutions
Insurance for Banks and Lending Institutions
We’re more than just a broker. We understand the nuances of today’s financial environment.
Manage Risk with Your Bank or Lending Institution
Banking and lending institutions are vulnerable to a wide variety of risks within a complex, dynamic and highly regulated environment. As you adapt your institution’s operations and services to stay compliant and competitive, insurance is a critical component of your organization’s risk management strategy.
HUB’s Financial Institution Practice has the expertise to ensure you’re fully protected. We serve over 700 companies across North America, including, but not limited to:
- Banks
- Credit unions and service organizations
- Mortgage servicers
- Specialty lenders
Tailored Insurance for Banks and Lending Institutions:
HUB offers comprehensive insurance for banks and lending institutions that can protect operations and help manage costs. HUB functions as a program administrator for:
- Lender placed hazard and flood
- REO
- Mortgage impairment or forced placed insurance
- Creditor placed insurance
- Lender’s single interest and GAP protection programs
HUB also offers these additional insurance solutions for banks and lending institutions:
- Optional payment protection
- Debt-related insurance coverage and direct-marketed loyalty
- Affinity fee income program services
In addition to placing traditional insurance for banks and lending institutions, HUB’s industry experts provide personalized risk management consulting services to protect our clients in this sector. These services include regulatory compliance, fraud prevention, cyber security and breach response, anti-corruption, claims management and much more. Our team understands how to build and administer core risk strategies, with the governing regulatory environment in mind.
Contact a HUB Banking and Lending specialist to get started.
Coverage Options for Banks and Lending Institutions
- Outsourced Insurance Tracking
- Commercial Outsourced Insurance Tracking
- Lender Placed Insurance
- Lender Placed Hazard Insurance
- Lender Placed Flood Insurance
- REO Property and Liability Insurance
- Blanket Mortgage Insurance
- Mortgage Impairment Insurance
- Private Flood Insurance Loan Review Services
- Collateral Protection Insurance (CPI)
- Lenders Single Interest / Vendors Single Interest (LSI / VSI)
- Blanket Equipment Insurance
- GAP
- Bankers Professional Liability
- Financial Institution D&O
- Financial Institution Bond
- Debit Card Fraud
- BOLI
- Outsourced Insurance Tracking
- Commercial Outsourced Insurance Tracking
- Lender Placed Insurance
- Lender Placed Hazard Insurance
- Lender Placed Flood Insurance
- REO Property and Liability Insurance
- Blanket Mortgage Insurance
- Mortgage Impairment Insurance
- Private Flood Insurance Loan Review Services
- Collateral Protection Insurance (CPI)
- Lenders Single Interest / Vendors Single Interest (LSI / VSI)
- Blanket Equipment Insurance
- GAP
- Bankers Professional Liability
- Financial Institution D&O
- Financial Institution Bond
- Debit Card Fraud
- BOLI
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