Financial institutions face a unique set of risks, which means their insurance strategy must be specialized and custom to their portfolio exposures. Understanding the purpose behind different institutional coverages can help organizations make more informed decisions as risks continue to evolve. Here are four of our most frequently asked questions to help you stay current: https://hubs.li/Q04ndBwy0 . . . #institutionalcoverages #financialinstitutionbond #bankerliability #riskmanagement #communitybanks #creditunions
HUB Financial Services
Financial Services
Irving, Texas 1,724 followers
Your Financial Institution Expert
About us
As a division of HUB International, HUB Financial Services specializes exclusively in serving over 1,500+ banks, credit unions, mortgage servicers, finance companies, and specialty lenders. Our comprehensive capabilities set us apart, as we act as a broker for institutional enterprise and executive lines coverages (P&C, FI Bond, D&O, Cyber, etc.), an advisor for balance sheet management and non-interest income securities, and a program administrator for lender-placed insurance and GAP protection programs. At HUB Financial Services, our customer-centric approach ensures that we genuinely understand the unique challenges and opportunities facing financial institutions today. Our team of dedicated professionals is equipped with in-depth industry knowledge, enabling them to offer insightful, proactive solutions that drive success. By prioritizing strong, long-lasting partnerships, we empower our clients to confidently tackle the ever-evolving financial landscape. Rooted in integrity, industry leadership, and excellence, we’re committed to providing tailored insurance and risk management solutions through strategic planning, valuable professional services, and innovative technology-based approaches. Partner with HUB Financial Services for unparalleled expertise in the financial institutions space.
- Website
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https://hubfinservices.com/
External link for HUB Financial Services
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- Irving, Texas
- Type
- Privately Held
- Specialties
- VSI Insurance, LSI Insurance, CPI Insurane, Vendor Single Interest, Lender Single Interest, Collateral Protection Insurance, Lender-Placed Insurance, Force-Placed Insurance, Mortgage Impairment Insurance, Mortgage Hazard Insurance, Force-Placed Flood Insurance, and Blanket Hazard Insurance
Locations
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Primary
Get directions
8222 N Belt Line Rd
Suite 100
Irving, Texas 75063, US
Employees at HUB Financial Services
Updates
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Learn how a major employer was able to reduce their costs without sacrificing benefits in this complimentary case study in HUB Financial Services' newest case study, prepared by experts Mark Anderson and Travis Porta. Read more here: https://hubs.li/Q04pcZ_n0
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Growing your loan portfolio in today's market requires aligning strategy with opportunity. View our complimentary webinar featuring HUB experts Mark Anderson and Keith Marvel who share a practical approach for financial institutions looking for ways to increase home equity lending while reducing risk: https://hubs.li/Q04ncGWN0 . . . #revenuegeneration #growthstrategy #bankingstrategy #financialinstitutions #communitybanks #creditunions
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Industry expert Will Craycraft, CPA, CFA reminds us that strong balance sheet management starts with a well-run ALCO meeting. Ensuring financial institutions have accurate industry data helps leadership evaluate risk, monitor performance, and make informed decisions as market conditions change. That's where we come in: https://hubs.li/Q04nd0P00 . . . #balancesheetmanagement #assetliabilitymanagement #financialstrategy #financialinstitutions #communitybanks #creditunions
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Our teams' recent attendance at the MBA CRE conference returned valuable takeaways. Read the key concepts we observed within this granular, complex niche of financial institution lending risk: https://hubs.li/Q04ncZkx0 . . . #commercialinsurance #insurancetracking #operationalrisk #workflowefficiency #financialinstitutions #communitybanks #creditunions
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Lender-placed insurance gets used as shorthand for several different products that don't behave the same way on a balance sheet or in an exam. Here is this quick explanation for financial institutions — what it covers, when it triggers, and how it interacts with borrower-provided coverage. https://hubs.li/Q04m8LXZ0 #lenderplacedinsurance #communitybanks #creditunions #lendingrisk #financialservices
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What is coinsurance? These clauses can create surprises at claim time, especially when property values have changed and coverage has not kept up. This article explains how coinsurance works, why partial losses are where penalties often appear, and what lenders should be paying attention to: https://hubs.li/Q04m8Dz50 #financialservices #communitybanks #creditunions #fraudprevention #riskmanagement
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Vendor Single Interest insurance is often discussed as a coverage product, but it highly regarded for its operational efficiencies as well. For some lenders, it reduces administrative friction, supports borrower experience, and helps improve loss performance. This article gives a clear overview of how VSI works and where it fits in a lending strategy: https://hubs.li/Q04m8Jn20 #financialservices #communitybanks #creditunions #fraudprevention #riskmanagement
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For lenders, balance sheet management requires ongoing coordination across liquidity, capital planning, interest rate exposure, and decision-making at the leadership level. HUB Financial Services expert, Brett Walburn, shares practical balance sheet management considerations for financial institutions focused on stability and long-term performance: https://hubs.li/Q04kfbgz0 #financialservices #communitybanks #creditunions #fraudprevention #riskmanagement
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Private flood insurance is one of our most-asked-for topics when it comes to providing insight and resources. Watch our "Private Flood Insurance Lore" webinar to hear our experts call out key gray areas, lender obligations, and what teams should review before accepting coverage: https://hubs.li/Q04k4C5K0 #FloodCompliance #RiskManagement #FinancialInstitutions