22 MAY / JUNE 2019 NEW IBA SUBSIDIARY PRODUCTS & SERVICES PROFILE Rod Lasley Vice President - Products & Services Indiana Bankers Association rlasley@indianabankers.org @rodlasley IBA Insurance Solutions is a subsidiary of the Indiana Bankers Association. Bank-Specific Insurance Options Now available through IBA Insurance Solutions The IBA knows how valuable you are to every community in our state, and we continuously seek out new services that help each of you maintain that value. Our latest offering is increased, specialized insurance options. We are proud to announce the launch of our new insurance partnership, IBA Insurance Solutions. With over 40 years of collective experience, our professional advisers are committed to finding innovative ways to negotiate more comprehensive coverage terms and better pricing than was previously available to our bankers. Each member of our new insurance team is experienced and specializes only in the insurance needs of banks. That means the insurance offered is custom-tailored to match the specific needs of your bank. Banks’ needs have changed. Our industry operates in a complex digital and compliance-driven environment. For example, in today’s world, a bank robber is more apt to be armed with a laptop and internet connection than with a gun and a note. While the banking industry and its challenges evolve, you are expected to find new, appropriate ways to protect your customer’s assets. As a result, your bank’s insurance needs have also been affected – even if you don’t yet know it. The same coverages you had in place 20, 10 or even five years ago might not be sufficient today in the face of rapidly changing digital transactions and increased compliance burdens. Our insurance team understands how your business works, the unique needs of banks, and how these needs continue to change. Though it is sometimes hard to move from a service provider you may have had a relationship with for many years to a less well-known provider, we can no longer expect a local insurance agent (no matter how good) to understand the complex needs of the banking industry. You need a trusted, knowledgeable adviser to help make important, increasingly complex decisions on insurance coverages and limits. Our industry and our members deserve unsurpassed service and unbeatable coverage. IBA Insurance Solutions offers just that, with expertise in many bank-related coverages including: property/casualty, collateral protection, bond/D&O, cyber/breach response and fee-income programs. Our team offers value-added services, such as free policy/coverage reviews and dedicated client service professionals. IBA Insurance Solutions will complete comprehensive due diligence review of all carriers of bank-related insurance offered. This assures you of an unbiased perspective of your current policies and will result in honest, valuable insights about the products you depend on to support your bank. The IBA staff is committed to providing Indiana bankers with the products and services necessary for success. Banking is challenging enough with red tape, fine print, and never-ending legislation and regulations. You don’t need insurance to be difficult as well. This is the opportunity you deserve to make purchasing insurance simple. You can now purchase insurance from your association’s affiliate agency – an agency that knows banking inside and out. Our new insurance team, IBA Insurance Solutions, is ready to review your coverages today. Please contact Chuck Maggard at cmaggard@inbankersins.com or 317-489-6928; Brandon Maggard at bmaggard@ inbankersins.com or 317-489-6929; or me, Rod Lasley at the IBA offices, at 317-387-9380, rlasley@ indianabankers.org. HB
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