BancInsure Announces Director of Professional Lines Underwriting.OKLAHOMA CITY Oklahoma City (1990 pop. 444,719), state capital, and seat of Oklahoma co., central Okla., on the North Canadian River; inc. 1890. The state's largest city, it is an important livestock market, a wholesale, distribution, industrial, and financial center, and a farm -- BancInsure, Inc., announces that Bill Hess has been named Director of Professional Lines Underwriting. "I am confident that Bill's extensive experience and industry knowledge will continue to serve us well," said Bruce Livingston, Vice President and Chief Underwriting Officer of BancInsure. "He brings to BancInsure an expertise in banking and insuring bank exposures that have proven to be a valuable asset to our team." Mr. Hess came to BancInsure with twenty-nine years of executive experience in underwriting leadership, program development, and operational oversight. His resume includes duties as senior auditor of a $5 billion bank holding company, risk analyst of distressed banking institutions for several leading Lloyds of London Lloyds of London A marketplace in London for underwriting syndicates. syndicates, underwriter for numerous surplus lines financial services programs as well as serving as broker for several large domestic and surplus lines financial services-related programs. Prior to joining BancInsure, Mr. Hess served as the Brokerage Solutions Manager for CMIA CMIA Confidentiality of Medical Information Act (California) CMIA Cash Management Improvement Act of 1990 CMIA Cement Masons' International Association CMIA California Medical Instrumentation Association Brokerage, a subsidiary of CUNA Cuna Chibchan-speaking Indian people who once occupied the central region of what is now Panama and the neighbouring San Blas Islands and who still survive in marginal areas. In the 16th century they lived in federated villages under chiefs who wielded considerable power. Mutual Group. Included among his many achievements at CMIA, were efforts to adopt new financial institution-related coverages for their clients. Mr. Hess also served as Vice President at Brasser Insurance Group, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control in Nashville, TN where he managed and underwrote Lloyd's Bank Insurance program and worked extensively in financial institution insurance. Mr. Hess began his insurance career at Third National Corporation in Nashville, TN as a staff auditor, working his way to senior auditor before leaving to join Bowes and Co. as Assistant Vice President. A graduate of Belmont University, Mr. Hess holds a Bachelors of Business Administration. Mr. Hess is a Chartered Bank Chartered Bank A financial institution whose primary roles are to accept and safeguard monetary deposits from individuals and organizations, and to lend money out. The details vary from country to country, but usually a chartered bank in operation has obtained government permission Auditor, a Certified Internal Auditor Internal auditor An employee of a company who analyzes the company's accounting records to that the company is following and complying with all regulations. and holds Property and Casualty and Surplus Lines licenses in 48 states. As a full-line independent insurer specific to financial institutions, BancInsure's understanding of financial institutions and their intricate operations is unmatched in the marketplace. This translates to extraordinary value through complete risk mitigation and risk management solutions. Headquartered in Oklahoma City, BancInsure holds an A- (Excellent) A.M. Best rating and has proudly earned an industry leading 25% market share. The Company is endorsed by eighteen banking organizations and is licensed in 48 states. |
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