Pub. 6 2015 Issue 3

www.wvbankers.org 6 West Virginia Banker I discuss a lot of issues in my quarterly article. I’m sure you know my stance on credit unions, financial exploitation, and cybersecurity by now. Even folks who work outside banking probably know my position on these topics - my wife for one! One issue you may not be familiar with is insurance. As you know, our industry operates in a complex, compliance-driven environ- ment. Your bank’s insurance choices and employee benefits programs have also been affected by this increased compliance burden. National legislation (for better or worse) is a driving factor for our employ- ee benefits programs, as well as the costs associated with medical care. Our banks need a trusted advisor to help make important, compliance-based deci- sions on insurance coverages and employ- ee benefits offerings. This state deserves unbeatable service for our bankers. You spoke and I listened. The West Virginia Bankers Association is proud to announce the launch of our new insurance affiliate, WVBA Insurance Group. With over 60-years collective experience, our professional advisors are committed to finding innovative ways to increase your bottom line and help negoti- ate terms that were previously unavailable to our bankers. The WVBA Insurance Group offers exper- tise in many areas, including: Property/ Casualty, Collateral Protection, Bond/ D&O, Employee Benefits, and Fee Income programs. Our team also offers value-add- ed services such as free policy/coverage reviews, health care reform guidance and dedicated client service professionals. WVBA Insurance Group will also complete a comprehensive due diligence review of all carriers and providers of in- surance offered. It’s not every day you can have professionals take an unbiased look at your policies and give honest, valuable insights about the products you depend on to run a successful business. My staff and I are committed to providing West Virginia bankers with the products and services necessary for success. Bank- ing is hard enough with the red tape, fine print, and never-ending legislation from Washington. You can purchase insurance from a generalist insurance broker with limited industry knowledge and experi- ence, or you can purchase insurance from your association’s affiliate agency that knows banking inside and out. We know banks. Our new insurance team, WVBA In- surance Group, is ready to review your coverages today. Please contact them at the numbers listed below. n A M essage from the P resident & CEO By Joe Ellison, President & CEO WVBA Insurance Group Offers Expertise in Many Areas My staff and I are committed to providing West Virginia bankers with the products and services necessary for success. Chuck Maggard, Agency Manager/FI Specialist cmaggard@wvbins.com 304.343.8838 office 606.682.1950 cell Tim Abbott, FI Specialist tabbott@wvbins.com 304.343.8838 office 513.516.6727 cell