Signature Bank of Georgia Partners with Insuritas to Launch Bank-Owned Digital Insurance Agency Platform
Signature Bank of Georgia, headquartered in Sandy Springs, Georgia, announces the launch of its bank-owned full service insurance agency with Insuritas today. “We are excited to welcome Signature Bank of Georgia to the Insuritas family,” said CEO Jeffrey Chesky. “Signature Bank’s insurance agency (Signature Insurance Services, LLC) will enable their business and personal banking clients to get instant support for all of their insurance needs from insurance carriers competing for their business on our tech enabled agency platform.”
This new partnership will empower the Bank to offer their clients insurance and risk management products, all under the Signature Bank brand their clients know and trust. Connecting their clients to dozens of insurance carriers competing for their business on the Insuritas’ iINSURE platform, the bank’s agency will ensure their clients are able to obtain the right coverage at the right price, all while helping the bank build a new source of annuitizing non-interest income with no balance sheet risk. Powered by the most innovative insurtech platforms in the nation, including our award-winning LoanINSURE & iINSURE technology, Insuritas is the nation’s leading provider of outsourced insurance agency solutions for financial institutions.
Freddie Deutsch, President and Chief Executive Officer of Signature Bank, stated, “Launching Signature Insurance Services will allow our clients to shop for the business, auto, home and life insurance they need from the Bank they trust. Over 100 insurance carriers will be featured in our agency, all competing to offer our clients the right combination of price, coverage and service. By opening our wholly-owned insurance agency, we are able to continue our commitment to servicing our clients with all of the financial products they need delivered with a distinctly different client experience.”
The Insuritas mission is to connect people to the insurance products they need through a seamless, transparent shopping experience where carriers compete to provide them with the right coverage at the right price. The Insuritas meta-agency platform, deployed across a network of partners serving over 10M customers nationally, empowers financial institutions to leverage proprietary data-mining techniques and integrations with a broad array of insurance carriers to make highly personalized, digitally optimized insurance offers to their depositors, all within their brand. These strategies help further their commitment to the financial well-being of their customers, while driving a critical source of non-interest income for their institution. For more information, visit www.insuritas.com.
About Signature Bank
Established in 2005, Signature Bank of Georgia is the only locally owned and operated community bank headquartered within Sandy Springs, Georgia, one of the most affluent communities in the country. The bank offers a full range of business and consumer deposit and treasury management products, and loans in the metropolitan Atlanta area and is a preferred lender with the Small Business Administration. Giving back to the community is an integral part of the bank’s mission. Signature Bank of Georgia is located at 6065 Roswell Road, between Hammond and Hilderbrand Drives. For more information, visit the bank’s websites at signaturebankga.com or sbaloansatlanta.com. Signature Bank of Georgia is not affiliated with Signature Bank of New York