BHS Financial Industry Solutions
The financial services industry is becoming more competitive and challenging, and every institution is looking for an edge on their competition. Insurance and risk management are crucial components of your business and having an insurance professional specializing in financial institutions to supervise and administer your program gives you an advantage.

Financial institutions have special needs to protect their assets, properties and people. The limits, deductibles, exposure analysis and especially policy language are the breadth and scope of your coverage. Reducing the opportunity for loss through comprehensive safety, loss control and risk management practices are essential elements of your overall program.

To address these distinctive needs, we have brought together a team of professionals focused solely on designing insurance and risk management programs for financial institutions. Our Financial Institutions Team includes Susan Horsfall, Account Executive; Robert Dykstra, Account Executive; Bev Venema, Account Manager; Jodi Matson, Account Manager; Kevin Roehling, Safety & Loss Prevention Associate; and Christine Ensley, Claims Specialist.

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Client Testimonials
To understand the details of insurance coverage for a financial institution takes the expertise of an industry specialist. Our selection of Sue Horsfall, with her years of experience, understanding of the financial industry needs and attention to ongoing client support, has provided our Bank with an irreplaceable business partner.
John Lyng, Senior Vice President-Risk Management, Byron Bank
 
Sue's number one focus is the customer. She is extremely knowledgeable and is a great resource for her clients. It is always a nice comfort knowing she is just a phone call away.
Robert Kaminski, Executive Vice President/Chief Operating Officer,
Mercantile Bank Corporation
 
Sue Horsfall's knowledge in the industry is superb. She is the first person I call when I have an insurance question.
Ralph Berggren, Senior Vice President, Chief Lending Officer,
Community Shores Bank Corporation
 
 
Market Relationships
Berends Hendricks Stuit Insurance Agency has developed valued relationships with many AM Best A or better rated insurance carriers who specialize in products for the financial services industry. These specialty lines of coverage and policies are specific to meet the unique needs of financial service oriented organizations and differ from the standard market commercial coverages.
 
Our standard markets include:
  • Accident Fund (workers compensation)
  • AIG
  • Burns & Wilcox
  • Chubb Group of Insurance Companies
  • Cincinnati Insurance Company
  • Citizens
  • CNA Insurance
  • CRC Insurance Services
  • Everest National/Mackinaw Administrators (workers compensation)
  • Hartford
  • FCCI
  • JM Wilson
  • Lloyds of London Syndicates
  • Progressive Casualty Insurance Company
  • Scarborough
  • Travelers Insurance Company
  • Stewart Smith/McAlear
  • Zurich North American
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    Our excess markets through CRC Insurance include:
  • ACE INA
  • Allied World Assurance Company
  • AXIS Insurance
  • Great American Insurance Group
  • Hudson Insurance
  • ONE Beacon
  • Royal Sun
  • RSUI
  • XL
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    As an agency, we are recognized by our markets for the quality of our work from initial submissions, negotiating terms and conditions, policy issuance and delivery to claims management and tailoring loss control services.
     
     
    Comprehensive & Creative Insurance
    Property & Liability
  • Aircraft Hull and Liability
  • Automobile
  • Boiler & Machinery
  • Builders’ Risk
  • Buildings/ATM’s/Signage
  • Electronic Data Processing/Media
  • Extra Expense
  • Fine Arts
  • Flood Coverage
  • Foreclosure/Repossession Coverage
  • General Liability
  • Machinery & Equipment Breakdown
  • Mobile Banking
  • Personal Property
  • Umbrella Liability
  • Trust Property
  • Valuable Papers
    •  
    Professional
  • Bankers Professional Liability
  • Brokerage Errors & Omissions Liability
  • Cyber Liability
  • Directors & Officers Liability
  • Employment Practices Liability
  • Fiduciary Liability/ERISA
  • IRA Keogh Plan Errors & Omissions Liability
  • Insurance Agents Errors & Omissions Liability
  • Internet Third Party Liability
  • Investment Advisors Errors & Omissions Liability
  • Lenders Liability
  • Mortgage Holders Liability
  • Professional(cont.)
  • Pollution Liability
  • Safe Deposit Box Liability
  • Trust Errors & Omissions Liability
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    Miscellaneous
  • AD&D
  • Bank Card/Plastic Card
  • Bonds
  • Computer Crime
  • Employee Benefits
  • Employee Dishonesty
  • First Class/Registered Mail
  • Key Man Insurance
  • Kidnap/Ransom/Extortion
  • Leasing
  • Notary Bonds
  • Pollution Liability
  • Special Events Liability
  • Travel Accident
  • Workers Compensation/Employers Liability
  • Notary Bonds
    •  
     
    Safety & Loss Prevention Services
    We, at Berends Hendricks Stuit, believe that superior customer service is key to your satisfaction and we are continually striving to improve our services. In keeping with this commitment, we offer our clients safety and loss prevention services.

    As premiums continue to rise, we are constantly searching for ways to reduce our clients' insurance costs. One very effective means is decreasing the number of losses. Safety and loss prevention programs have a definite impact on both the severity and frequency of those losses. In addition, some insurers offer credits for implementing safety programs.

    Our Safety & Loss Prevention Department
    Our Safety and Loss Prevention Department is headed up by Kevin Roehling. Kevin's primary purpose is to help clients decrease the likelihood of an accident and thus potentially reduce insurance premiums. He does this by first identifying key areas that need attention, then creating an action plan to address those areas and finally implementing the plan through training, changing equipment or processes and/or other means.

    Risk Management & Safety/Loss Control Issues
  • ATM & Night Depository Safety Issues
  • Carpel Tunnel Syndrome
  • Courier/Driver Safety
  • Disaster Planning
  • Drug Testing
  • Employee Dishonesty
  • Employment Practices
  • Ergonomics in the Workplace
  • Fleet Safety
  • Kidnap/Ransom/Hostage/Extortion Issues
  • Pre-Employment Physicals
  • Preventing Back Injuries
  • Robbery/Holdup Situations
  • Sponsoring Events
  • Trips, Slips & Falls
  • Wellness Programs
  • Workers Compensation
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    ©2008 Berends Hendricks Stuit Insurance Agency, Inc. All Rights Reserved.