The Flood Insurance Agency Forms Agreement with BancInsure

The Flood Insurance Agency, Kalispell, Mont., has entered into an agreement with BancInsure Inc. wherein BancInsure will market TFIA’s total flood insurance compliance solution to new and existing bank clients.

TFIA markets Federal Emergency Management Administration standard flood hazard area determinations, FEMA standard flood insurance policies and FEMA lender placed flood insurance.

A new private label program provides BancInsure with a name branded online instant response zone determination Web site, bancinsure.floodcert.com. A second private label program, www.bancinsureflood.com, advertises the BancInsure name and logo on FEMA standard flood insurance policies. A third site, www.MPPPFlood.com, is designed to keep lenders’ loan portfolios in compliance with federal flood insurance regulations.

TFIA is an independent insurance agency that provides flood insurance to individual property owners, insurance agents, mortgage lenders and public housing authorities. BancInsure is an independent insurer with a specific focus on providing insurance products to financial institutions.

Source: TFIA