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:
Credit unions and service organizations
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
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. 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.