TAB Bank, UT Hires Insuritas
Transportation Alliance Bank, Inc. d/b/a TAB Bank has hired Insuritas to design, launch and manage a digital powered insurance agency. “We are excited to welcome TAB Bank to the Insuritas family,” said CEO Jeffrey Chesky. “The bank’s leadership understands the value of offering a full suite of insurance products to their entire statewide customer base and has tasked us with building a full-service insurance agency that will support their commercial needs. We will deploy our award-winning iInsure digital agency platform and our data analytics capabilities to deliver personalized insurance solutions to their consumers and commercial customers for all of the insurance purchases they make every year. With TAB Bank’s loan portfolio including a strong position in the commercial trucking vertical, we are excited to bring our iInsure agency ecosystem and carrier products to these bank customers. ”
Chesky noted: ‘This new partnership will enable TAB Bank to offer the customers they serve the opportunity to shop for all of the insurance and risk management products they need, all under the TAB Bank brand that their customers know and trust. By connecting their customers to dozens of insurance carriers competing for their business on the Insuritas iInsure platform, customers will be able to seamlessly obtain the right coverage, at the right price, for all of their insurance needs, all while helping TAB Bank expand wallet share, customer share and non-interest income.”
The TAB Agency will be powered by the most innovative insurtech platform in the nation, including the award-winning LoanINSURE and iInsure technology. Insuritas is the nation’s leading provider of outsourced insurance agency solutions for financial institutions.
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.