ABA Insurance Services
5910 Landerbrook Drive
Mayfield Heights, OH 44124
Patricia Williams, CPCU, CPCU, Eastern Region Manager
(216) 220-1280; (410) 960-6878
(800) 456-6590 (Fax)
Bond, D&O, Cyber & Employment Liability Insurance
ABA Insurance Services is a long-term, reliable and stable source of D&O, bond and cyber insurance for financial institutions. Co-endorsed by the American Bankers Association, this bank-owned, banker-directed program has been supporting the banking industry for over 30 years.
Nearly 1 in 2 Pennsylvania banks purchased coverage from the PA Bankers Services Corporation’s Select Vendor program. The program’s reinsurer, American Bankers Mutual Insurance, Ltd., has declared a distribution to participating banks for 28 consecutive years, totaling $84.3 million. In 2018, 47 Pennsylvania banks shared over $102,000.
Available coverage includes:
- Directors & Officers Liability;
- Financial Institution Bond;
- Employment Practices Liability;
- Trust Services Liability;
- Excess; and
- Surety Bonds, including STAMP.
Recognized as insurance experts who understand banking operations, the tenured and experienced team of underwriting and claims professionals - many with backgrounds in the banking industry - is highly regarded for in-depth knowledge and expertise.
As pioneers of cyber coverage, ABA Insurance Services has a deep understanding of cyber-related banking issues - the program introduced the first Internet banking coverage to the bank market in 2001.
ABA Insurance Services helps mitigate risks by providing free and valuable loss control resources such as SafeTalk® newsletters, SafeAlert® bulletins, and webinars. An Employment Practices Helpline and HRRiskManager.com, managed by the national law firm of Littler Mendelson, benefit employment practices liability insurance customers. The Cyber Care program features Cyber844 breach/loss control resources for Cyber Cover insureds. The hallmark of ABA Insurance Services is customer service. They are renowned for prompt, honest communication, and for providing quotes and proposals by mutually agreed upon promise dates.Visit our website
Disclaimer: * Vendor selections and recommendations are made in accordance with the Services Corp's stated mission. It is believed that the promoted products and services merit strong consideration by PA Bankers member banks. PA Bankers Services Corporation's due diligence and selection criteria should not be construed as a guarantee, as the ultimate appropriateness may vary from bank to bank. In addition, PA Bankers member banks are encouraged to conduct their own due diligence reviews of recommended vendors. Remuneration received by the Services Corp is utilized in-part to support the PA Bankers Association through contracted agreements, corporate sponsorships and overhead coverage. This financial support expands resources and strengthens the services and programs of the PA Bankers Association.