Insurance Community Bankers Insurance Agency (CBIA) is a fully licensed operating insurance agency dedicated to the insurance needs of community banks and associate members of Community Bankers of Michigan.
CBIA is committed to commission sharing on all programs with licensed bank or corporate owned agencies.
Through formal partnership with established and fully vetted insurance companies and specialty insurance agencies and providers, CBIA offers insurance services in the following areas:
Employee Benefits
Partnering with benefit insurance providers offering competitive products, exceptional service and a 97% retention rate among customers, CBM offers a wide variety of employee benefit options. You have the flexibility to select which provider networks work best for your bank.
Also available with our benefits partners: Ancillary and Voluntary Benefits Dental, Vision, Life, Long and Short Term Disability, etc. Internet based employee enrollment and compliance portal
CBM offers other insurance options for your bank:
Lender Placed Hazard, Flood, Vehicular and Liability – Residential and Commercial Internet based collateral insurance management systems Collateral insurance management internal servicing process and compliance review
Bank and Corporate Insurance Placement and Consulting Bond, D&O, Package, etc. Cyber - placement and consulting
Revenue Generating Opportunities Direct Marketing Internet Insurance Portal - Multi-product insurance platform custom produced on the bank website Term Life Insurance Checking account enhancement and club programs
Insurance Agency Creation Operating Subsidiary Formation and Insurance Licensing Insurance Agency Remediation/Compliance Review Agency management and revenue enhancement
Identity Theft Protection Three levels of protection to choose from, all include fully managed identity restoration
Contact Kate Angles, kateangles@cbofm.org or 517-336-4430 for more information on any of these opportunities for your bank.
