BancInsure Opens Distribution to Independent Agents in Texas.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's insurance and risk management products are now available to Texas bankers through their local independent insurance agents. "As a former Texan I understand the extraordinary value of relationships and the desire for choice in the insurance purchase decision," states Rodney N. Sargent, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BancInsure, Inc. "Texas bankers prefer the opportunity to choose how and with whom they conduct business. We are proud of our long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. relationship with the Texas Bankers Association (TBA TBA See: To be announced ) and continue to offer our products through their independent agency - Texas Bankers Insurance Agency." The Texas Bankers Association (TBA) was a founding partner in BancInsure over 22 years ago. BancInsure and Texas Bankers Association continue a strong partnership and share a desire to best serve the bankers in the state of Texas. Sargent adds, "As the leading niche specialist in the community bank business for over 22 years, we are excited about this opportunity to strengthen our relationships with independent agents and the banks they serve. Evolving our distribution and working with the Independent Insurance Agents of Texas are just some of the ways we chose to demonstrate our commitment to the bankers and independent insurance agents of Texas." As a full-line independent insurer An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual. An insurer is frequently an insurance company and is also known as an underwriter. 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 MITIGATION. To make less rigorous or penal. 2. Crimes are frequently committed under circumstances which are not justifiable nor excusable, yet they show that the offender has been greatly tempted; as, for example, when a starving man steals bread to satisfy and risk management solutions. Headquartered in Oklahoma City, BancInsure holds an A- (Excellent) with a stable outlook 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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