Members of the Community Bankers Association of Alabama will be able to avail Travelers SelectOne for Community Banks portfolio of products
Travelers has been selected as a service provider for bank insurance products by CBAA Services, a subsidiary of the Community Bankers Association of Alabama (CBAA).
Travelers’ endorsed service provider status suggests that members of the Community Bankers Association of Alabama will be able to avail the Travelers SelectOne for Community Banks portfolio of products.
Mark Horton, second vice president and national director of community banks at Travelers, said: “We are very pleased to have been selected by the CBAA as their bank insurance partner. Now, CBAA member banks can take advantage of Travelers’ portfolio of customizable insurance offerings specifically designed for community banks, along with specialized underwriting and claim specialists to support the unique needs of community banks.”
Travelers SelectOne for Community Banks flexible product line includes crime (financial institution bond), directors and officers liability, bankers professional liability and e-business and property/casualty exposures, intended to help reduce potential gaps and overlaps in coverage.
The Travelers Companies is a property casualty insurer, selling primarily through independent agents and brokers, and provide coverage of auto, home and businesses.