Community BancInsurance Services

C B A I has partnered with Nicoud Insurance, who specializes in servicing financial institutions and their insurance needs for over 50 years. Our partnership bolsters the service and back-office support that are essential for professional and thorough attention to our clients.

Specialties Provided by CBIS and Nicoud:

  • Quality risk-management services
  • Top-notch professional associates to attend to your account
  • Solid relationships with carefully chosen insurance providers
  • A history of controlled growth to maintain the independence of the agency

Available Coverages

Property/Casualty   Group Benefits
Directors & Officers Liability  Group Health
Financial Institution Bond  Group Life
Directors & Officers Side-A Coverage  Dental
Bankers Professional Liability  Vision Care
Employment Practice Liability  Short and Long-Term Disability
Internet Bankers Liability  
Cyber Liability  
Workers' Compensation & Package
   

Competitive Advantages

  • Partnership with Community Bankers Association of Illinois
  • Exclusive focus on community banks
  • Experienced underwriting and claims staff
  • Free loss-control resources
  • Free seminars on pertinent topics -- such as privacy and regulatory issues

 

Service Standards

  • Submission acknowledgment within 24 hours of receipt
  • Proposals delivered on or before mutually agreed upon promised dates
  • Binders issued within 24 hours of receipt of binding order
  • Policies issued within 30 days of receipt of all contingency items
  • Claims acknowledged within 24 hours of receipt

 

Contact us at 1-800-982-6564 to discuss a financial institution insurance package for your bank. Or, click here to be connected to the C B A I website.