St. Paul Travelers has been named the preferred provider for bank insurance products by the California Independent Bankers.

St. Paul Travelers is now the preferred provider of coverage such as directors and officers liability, property-casualty coverage, financial institution bond, kidnap and ransom, employment practices liability, fiduciary liability, and bankers professional liability to the 150 member banks of the California Independent Bankers (CIB).

We’re excited to add the CIB to the growing number of Independent Community Bankers of America (ICBA) affiliate members who are choosing to partner with St. Paul Travelers, said Mark Horton, national director of community banks.

CIB members will be able to access our St. Paul Travelers SelectOne(SM) portfolio of products and participate in the ICBA/St. Paul Travelers Insurance Program which includes a safety group dividend plan.

The CIB was founded in the 1980s to provide a unified voice representing and promoting the franchise value of community banks in the California state legislature. The CIB is focused on advocating and safeguarding the unique interests of community banks in California.