Signature Bank of Georgia partners with Insuritas
Signature Bank of Georgia, headquartered in Sandy Springs, Georgia, announced the launch of its bank-owned full service insurance agency with Insuritas. “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.”