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Roger Keith & Sons turns to InsurBanc to gain access to a knowledgeable team and capital
Farmington, CT (August, 2013)
Success brings longevity. But longevity brings unprecedented challenges unheard of in past eras. The lesson for owners of independent agencies is that change and flexibility are essential to generate further growth. Read how InsurBanc provided Roger Keith & Sons access to needed capital and a bank partner for future expansion.

On the Move, Some agencies are traveling to great lengths to expand their operations.
Farmington CT (May 2013)
With many market drivers creating opportunities for buyers and sellers, it's time for agency owners to learn the importance of building agency value and how to avoid the "Five Red Flags" when preparing to make your agency market-ready.

InsurBanc Helps Fast-Track Agency’s Perpetuation Plan After Principal’s Passing
Farmington, CT (February, 2013)
For an insurance agency, executing an internal perpetuation plan can be tricky enough. But when unfortunate circumstances force the plan to be completed on an accelerated timeline, the challenges mount. Find out how one agency was well prepared with a perpetuation plan and the right financing partner.

Boost Agency Value with Help from Your Bank
Farmington, CT (November, 2012)
The goal of all independent insurance agencies should be to build and enhance agency value – period. However, the prolonged economic recovery continues to make this a difficult task for agency owners. Learn about the advantages of working with your banker to gain efficiencies and build value.

Goss & McLain Insurance Expands Their Long-term Relationship with InsurBanc
Farmington, CT (July, 2012)
After turning to InsurBanc for acquisition funding eight years ago, Deb Buckley of Goss & McLain Insurance expanded their relationship with a commercial mortgage loan to buy and refurbish a building to house her agency.

Bring Your Own Device – Opportunities & Risks
Farmington, CT (June, 2012)
The “bring your own device” trend influences the security of the employer’s network, applications, and data. Danielle Johnson, Director of Information Technology of InsurBanc, discusses the opportunities and risks presented by BYOD as well as providing some practical guidance you can use to manage this phenomenon.

Leasing: A Seamless Customer Experience
Farmington, CT (November 2011)
Agents' Express Leasing is an effective solution to manage your clients’ needs with today’s best equipment technology. But don’t take it from us – listen to your peers.
Jay Byrnes of Byrnes Agency experienced how easy our leasing solution is for his agency. Read about his experience.

Extreme Makeover: What Makes an Agency Attractive to Buyers?
Farmington, CT (October, 2011)
Some agency and brokerage owners who would like to be courted have not made their operations particularly attractive to buyers – What’s lost on a lot of agencies is that every business decision you make, it has to be made with the idea: Does this build value or destroy value?

Agency Perpetuation from the Lender’s Perspective
Farmington, CT (September, 2011)
For insurance agency owners, a well-conceived and properly executed perpetuation plan is a great mechanism for harvesting the value generated through their dedication and commitment to building their business.

Bank On It: Created by agents for agents, InsurBanc delivers services tailored to their needs
Farmington, CT (May, 2011)
Any independent agency owner who has tried to explain the nature of his or her business to a bank likely has experienced a fair degree of frustration. For many agency owners, finding a bank that can grasp and accommodate their needs has seemed like the impossible dream.

Combat Cybercrime and Protect Your Agency With Simple Security Tips
Farmington, CT (May, 2011)
Protect your agency from cybercrime. The most potent tools to fight this threat are to keep a wary eye and practice proactive online security techniques and policies. Danielle Johnson, Director of Information Technology of InsurBanc, provides great information on what steps to take should the agency become a victim of Cybercrime, along with descriptions of the common types of Online Fraud.

Agency Owners: Have You Analyzed Your Cash Lately
Farmington, CT (April, 2011)
Independent insurance agencies hold a significant asset on their balance sheets: the cash in their bank accounts. For many agencies, these are significant balances. However much it is, cash is a short-term asset—but one with long-term implications.

Renaissance Group turns to InsurBanc to Help Member Agencies Do Many Things Well
Farmington, CT (March, 2011)
To better serve his independent agency members, Bruce Cochrane turned to InsurBanc for a commission system and a comprehensive cash management solution – and because its service philosophy was the right cultural fit for his firm.

P&C Insurance Agents Working To Get Their Financial Houses in Order in 2011
Farmington, CT (January, 2011)
Three major themes of the challenges facing property and casualty insurance agents in 2011 come under the headings of managing finances, technology and political mandates.

Notice of Changes in Temporary FDIC Insurance Coverage for Transactions Accounts
Farmington, CT (December, 2010)
InsurBanc, the bank founded by insurance agents for insurance agents, summarizes federal deposit insurance and current issues that affect an agency’s business and personal accounts.

New Day Underwriting Managers turns to InsurBanc for improved operating efficiencies
Farmington, CT (November, 2010)
Jeff Lejfer chose to partner with InsurBanc for its comprehensive cash management services, including online banking, to process premiums more efficiently and for lending products to support his growth ambitions—and because its philosophy and specialty matched well with his firm and his broker partners. Click here to read more.

Cash Management and Technology
Farmington, CT (October, 2010)
Read Best Review’s Issues & Answers: Insurance Technology issue featuring InsurBanc’s Chief Operations Officer Mary Grazen. She explains how InsurBanc is different from other banks and how their cash management services and technology can improve efficiencies for insurance agencies.

Value Building Key in Agency Financing, Perpetuation, M&As
Farmington, CT (September 2010)
An insurance agency must build value over time and if at some point the owner is going to look to harvest that value, he needs to nurture the business and run the operation in a manner that creates value. This value-building philosophy is the glue that holds the entire perpetuation plan or M&A together.

InsurBanc Notes FDIC Boosts Deposit Coverage
Farmington, CT (July, 2010)
InsurBanc, the bank founded by insurance agents for insurance agents, summarizes federal deposit insurance and current issues that affect an agency’s business and personal accounts.

InsurBanc introduces the FlexLease program from Agents’ Express Leasing
Farmington, CT (June, 2010)
InsurBanc Agents’ Express Leasing is proud to introduce FlexLease, a product to help preserve cash while providing the funds to outfit your agency with the latest equipment solution.

Tax Filings, Financial Statements – and New Pitfalls
Farmington, CT (March 24, 2010)
Although it may be tempting to breathe a sigh of relief when you’re done with the paperwork, keep in mind that bankers will be looking more closely than ever at the financial statements you submit to meet loan reporting requirements.

Remote Deposit Offers New Road to Efficiency for Agencies
Farmington, CT (March 11, 2010)  The banking industry is striving to keep up with technology and more importantly, your expectations of a banking experience.  What is important to your agency?  What can be done to enhance your experience and at the same time help increase the value of your agency?  Learn how remote deposit can help you.

Agencies Can Preserve Credit – The benefit of leasing business equipment
Farmington, CT (October 15, 2009)
With our economy showing mixed signs of an upswing, individuals and businesses alike are looking for avenues that provide the most cost savings and stability during these trying times—and independent insurance agencies are no exception.

John Rost Achieves Goal of Building An Insurance Franchise
Huntington Beach, CA (October, 2009) – John Rost, founder of Fiesta Auto Insurance, faced the same challenging financing needs as most independent insurance agencies do, but added to that a unique dream of starting an insurance franchise. Read how InsurBanc provided a line of credit to give Fiesta Insurance Franchise Corp. the working capital to build out the franchise concept.

InsurBanc Introduces New Remote Deposit Scanner
Farmington, CT (July 6, 2009) – InsurBanc's Virtual Deposit Delivery system allows business customers to electronically submit checks for deposit without ever leaving the office. And now with our new inexpensive, compact scanner we can accommondate small businesses with deposits of 25 or less checks per day.

Cash Management Services: What difference can they make to an Independent Agency?
Independent agencies can and should expect their banking relationship to work for them.

Best's Review - The Long Run
Perpetuating your agency takes a plan, financing and most of all, time. Read Best's Review article featuring InsurBanc's Robert Pettinicchi to learn more. Click here

We’ve Been Lending…
Farmington, CT (March, 2009) At InsurBanc, we understand the challenges that independent insurance agencies face, especially in today’s economy. When agencies need financing for agency acquisition and perpetuation, they need to partner with an institution that understands their unique business model.

InsurBanc Offering CD Ladders
Farmington, Conn. (March 9, 2009) At InsurBanc, we are aware of the impact of today’s economy on the independent insurance agency’s finances. We also have a clear understanding of their unique cash flow needs. That’s why we’ve combined competitively priced, FDIC-insured savings products with maturity options to help keep your agency running profitably.

Stacey Reid Rises Up At Hartgraves Insurance
Lovington, NM, (February, 2009) - Independent insurance agencies face various obstacles, especially when trying to obtain a loan. Read how InsurBanc helped Stacey Reid obtain a perpetuation loan and become the owner of Hartgraves Insurance.


Insurance Journal TV - Smart Banking
(January, 2009) Are you wondering how the current credit crunch affects the insurance industry, especially you and your agency?

Get insight into this issue -- and learn how to manage your agency in these turbulent financial times. Watch Insurance Journal’s three part TV series featuring InsurBanc’s chief lending officer, Robert Pettinicchi.

Part 1 - Managing an Agency in a Troubled Economy: How Agents Can Get Credit When They Need It

Part 2 - Managing an Agency in a Troubled Economy: Smart Cash Management Pays Off

Part 3 - Managing an Agency in a Troubled Economy: An Agency’s Best Investment

What Agencies Can Expect Accessing Bank Capital
Every morning, stories of financial sector gloom and doom fill the airwaves. A slowing economy has affected the ability of individuals and businesses to pay their bills. The term "credit crunch" has become a part of the daily lexicon, with loan losses and foreclosures at banks reaching record highs. Click here to learn more.

Read InsurBanc's featured Equipment Leasing article in Rough Notes!

How to Choose the Right Bank for Your Agency
Independent agents or agency owners have unique financial needs. Unfortunately, few banks truly understand those needs. Worse yet, it has become the norm for banks to also sell insurance, meaning they actually compete against independent agents. Click here for more details.

Buy your way to growth.
What you need to know about acquiring another agency.

In today’s demanding business climate, agencies have two options: grow and prosper, or just stay the course. But how to grow? Most agencies can grow organically, through plain old hard work, methodically attracting more clients and perhaps expanding markets. A few, however, accomplish it quickly, by acquiring another agency. In fact, hundreds of sizeable independent agency mergers were recorded last year alone. Is a merger or acquisition in your agency’s future? Here are important considerations to help you craft a deal to your advantage. Click here for more details.

Financing the Future:
How to Approach a Lender about Your Perpetuation Plans

You’ve put all that effort into formulating a perpetuation plan for your insurance agency. Now it’s time to execute it. And that may require some additional financial resources. Click here for more details.

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Read how InsurBanc helped agent Deborah Buckley go from service rep to agency owner. Click here.

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