Insuritas Announces Partnership with First Federal Savings Bank in Rochester, IN
July 14, 2020 – Insuritas today announces it has partnered with First Federal Savings Bank, one of Indiana’s leading mortgage lenders, to build a turnkey, virtual insurance agency for the benefit of First Federal Savings Bank’s customers across Northern Indiana. This new partnership will enable First Federal Savings Bank to offer its customers the auto, home and business insurance products they purchase every year, while helping to deepen customer relationships and drive a critical source of non-interest income.
‘We are thrilled to announce this partnership with First Federal Savings Bank,’ said Jeff Chesky, Insuritas’ Chairman & CEO. ‘This new agency launch will mark our seventh financial institution partnership in Indiana, and highlights the value that community banks like First Federal Savings Bank see in offering their customers insurance, the one financial product that virtually all of their customers will purchase this year.’
Chesky added, ‘Through their leading mortgage origination operation, First Federal Savings Bank sees customers with home insurance needs every day. Through our partnership, they will now be able to provide their customers with simple, seamless access to more competitive options for those insurance needs, and position themselves to meet all of their customers’ financial services needs.’
Insuritas and First Federal Savings Bank expect to complete the launch of First Federal Insurance Services this fall, building and deploying a full-service insurance offering with over 40 carrier partners for their customers in just 90 days.
For more, visit www.insuritas.com.
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 ecosystem, 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.