First National Bank of Eagle Lake hires Insuritas to launch a bank- owned, full service insurance agency. Jeff Chesky, President and CEO of Insuritas, noted: “The leadership at FNB Eagle Lake has recognized that 100% of their customers buy auto, home and business insurance every year, and wanted a full service, multi-product, bank owned agency.” Chesky continued, “We will build and launch an agency for the bank with up to 42 Auto and Home insurance carriers, and over 100 carriers featuring nearly every insurance product their customers and small businesses need, all competing to offer customers the best combination of price, coverage, and service. The agency will be omni-channel, operating on a digital platform with our award winning online agency eco-system and supported by our ‘White Glove Agent Concierge Service.” “We will launch our virtual ‘Insurance Aisle’ inside the bank, including our award winning E-InsuranceAISLE™, LoanINSURE® and SmartCART Technology℠ platforms, which will provide a powerful lift in recurring, value added, non-cyclical fee income.”

Sam Kana, CEO of FNB Eagle Lake stated, “Launching our bank owned insurance agency will allow our customers to shop for the auto, home, life and business insurance they need from the local community bank they know and trust. By opening our wholly-owned insurance agency, we are able to continue our commitment to servicing our communities with all of the financial products they need with a great customer experience and an emphasis on price and convenience.” Kana concluded: “Launching a bank owned full service insurance agency supports our commitment to provide the financial products and services that meet the needs of the communities we serve.”

About First National Bank of Eagle Lake

For over 110 years, FNB Eagle Lake has been a strong and friendly source of financial services to the communities we serve. The bank is owned by 85 plus shareholders, most of whom live in Eagle Lake. Throughout our history, we have continually upgraded our business so that customers may enjoy the comfort, convenience and the efficiency of modern bank technology. We are proud to offer 24-hour telephone banking, remote banking and internet banking with a full complement of competitive products and services. To learn more, visit fnbeaglelake.com

About Insuritas

Insuritas has reengineered insurance distribution in America; simply changing the way insurance works – by building a scalable platform that currently has a comprehensive knowledge of and active engagement with nearly 9 million retail and 1.4 million small business insurance buyers. Insuritas has reengineered insurance by building complex, private labeled insurance agency solutions embedded into the financial services industry, enabling these firms to own a turn-key insurance agency and offer their customers a comprehensive set of insurance & risk management products through a white-labeled, digitally-optimized solution installed, managed, and optimized by Insuritas. Insuritas has built a single fully integrated platform that can connect the over 300M+ insurance buyers in the US and all of their annual insurance needs to insurance carriers in a single, virtual insurance agency eco-system, collapsing the fragmented and antiquated customer acquisition, quoting and policy issuance model and finally replacing it with intelligent insurance. Click insuritas.com for additional information.