First Citizens National Bank, TN ($2B Assets) Hires Insuritas
First Citizens National Bank (FirstCNB) has hired Insuritas to design, launch and manage a full service digital powered insurance agency. “We are excited to welcome First Citizens National 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 retail and commercial customers’ insurance needs across their 24 branch footprint. 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.”
Chesky noted; “This new partnership will enable FirstCNB to offer their customers and the communities they serve the opportunity to shop for all of the insurance and risk management products they need, all under the FirstCNB 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 FirstCNB expand wallet share, customer share and non-interest income.”
The First Citizens National Bank Insurance, LLC will be powered by the most innovative insurtech platform in the nation, including the award-winning LoanINSURE & 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.