![]() ![]() |
Home Contact Us ABA.com |
![]() |
Bond and D&O Insurance Coverages
|
|
The ABA-Sponsored Insurance Program, underwritten by Progressive, offers |
Expanded Protection for Community Bank Directors: A-Side Plus
| Q&A | How to Apply | More Program Information |
| STAMP Surety Bond | Employment Practices Helpline | Internet Banking Liability Insurance |
For ABA Members -- Mission Critical Insurance...
The ABA-sponsored Insurance Program is a unique partnership of more than 1,700 community banks, the ABA, 28 state bankers associations, and Progressive. With the knowledge of professional bankers and the strength of an A+ rated insurance company, the ABA-sponsored Insurance Program was created specifically to address the needs of community bankers for professional liability and fidelity insurance coverages.
In addition to broad coverages and free loss control programs, the program distributes profits to
· Customized coverages to meet the changing needs of financial
institutions
· Annual profit distributions ($63.5 million to date!)
· Educational loss control programs, topical white papers and valued resources that address cutting-edge issues (e.g., internet banking, predatory lending, employment practices) to help protect your bank's bottom line
· Safe Talk loss control newsletter
· Library of loss control resources on Progressive's website http://banks.progressive.com/banks/losscontrol.asp
· Free Employment Practices Helpline to all ABA-sponsored insurance program customers who have obtained Employment Practices Liability Insurance (EPLI) through Progressive
· A+ rated insurance carrier
· Long-term, stable underwriting staff with regional expertise
· Membership in a unique partnership
· Can work with you or your trusted agent
· Bankers Professional Liability (BPL)
· Bankers Form Company Liability
· Combination Safe Depository
· Directors and Officers Liability
· Directors and Officers Liability: A-Side Plus
· Employment Practices Liability
· Fiduciary Liability
· Financial Institutions Bond
· Insurance Services Liability
· Internet Banking Liability
· Privacy Liability and Expense Coverage
· Securities Liability Coverage
· STAMP Surety Bond
· Trust Department Liability
Progressive Casualty Insurance Company
5920 Landerbrook Drive
PLG-L21
Mayfield Heights, OH 44124
Contact: Judi Kovach
Tel: (800) 274-5222
http://banks.progressive.com/
CAB CONTACT PERSONS
John Wolff Tel: (202) 663-5486
Monica Condon Tel: (202) 663-5475
Questions? Please contact Jackie Lucas for more information.




