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Agency Resources

Our agency partnerships provide comprehensive insurance coverages for your financial institution clients

THE AGENCY ADVANTAGE

Trusted in the financial services industry for over 40 years, a partnership with BBVA Insurance means your agency is working with a company whose objective is to provide products and services that result in the protection of your clients. We are committed to our values of integrity, expertise, accuracy, collaboration and agility. Our strength in partnership coupled with our innovative spirit means your clients experience superior customer service and proprietary technology to deliver the best insurance solutions in the industry.

BENEFITS TO PARTNERING WITH PROCTOR LOAN PROTECTOR

  • Competitive commissions and opportunity for agency bonus
  • Comprehensive product mix for complete risk management solution for mortgage servicing portfolios
  • Support of experts in insurance, compliance, and customer service. Your agency will receive ongoing sales assistance and your clients will work with a dedicated customer service team

COMPREHENSIVE COVERAGE & EXPERT CARE FOR YOUR CLIENTS

BBVA Insurance is a full service program underwriter with claims authority. We are uniquely qualified to quote unique coverages with optional endorsements tailored to your client. We are able to provide unparalleled access to diversified insurance capacity with multiple insurance carriers rated A.M. Best “A” or Better. This multiple market approach means your clients receive stability and the best available coverage at the most competitive price. This approach also provides increased aggregate in catastrophic prone areas.

Claims for Mortgage Guard (lender-placed hazard insurance) are settled at replacement cost value regardless of whether repairs are made to the property, which contributes to an expedited settlement of property claims. BBVA Insurance works with third-party claims adjusters so that any perceived conflict of interest between the carrier and the insured is eliminated.

Learn More about our agency resources

Agent Inquiry

E&O Insurance

We’ve teamed up with our sister company to provide an exclusive admitted E&O Insurance Program for P&C agencies.
Request Indication

BBVA Insurance works with licensed Property & Casualty agencies in all 50 states. Our range of insurance products provide coverage for:

  • Financial institutions, including community banks, mortgage servicers, subservicers, credit unions
  • Hard money lenders
  • Trusts
  • Government entities, such as housing authorities
  • Property investors

P&C agencies with these client relationships can provide solutions for unique risks with BBVA Insurance’s comprehensive insurance coverages and expert care.

Who we work with

BBVA Insurance works with licensed Property & Casualty agencies in all 50 states. Our range of insurance products provide coverage for:

  • Financial institutions, including community banks, mortgage servicers, subservicers, credit unions
  • Hard money lenders
  • Trusts
  • Government entities, such as housing authorities
  • Property investors

P&C agencies with these client relationships can provide solutions for unique risks with BBVA Insurance’s comprehensive insurance coverages and expert care.

What we sell

Lender-Placed Insurance

Lender-placed insurance is the core of our product offerings. If a borrower fails to maintain adequate coverage on their property, Lender-placed insurance programs are underwritten as a master policy with the servicer as the insured. Flexible limits, deductibles, and optional endorsements are customized based on the client’s risk management strategy. Insurance tracking and reporting options are available with BBVA Insurance’s lender-placed insurance program.

Blanket Insurance

Blanket coverages are available. Blanket hazard insurance is available for financial institutions who want to eliminate insurance tracking or borrower follow-up on individual properties. This is ideal for home equity, residential, and commercial mortgage portfolios.

Specialty Insurance

BBVA Insurance’s specialty insurance lines have multiple insurance carrier relationships to quote competitive terms for unique risks – including mortgage impairment, excess flood coverage, programs for property investors, and hard-to place properties.

All Insurance Products

Become an appointed agent

Becoming an appointed agent with BBVA Insurance is easy. Submit the following to salessupport@bbvainsure.com/

  • Completed and signed Agency Application
  • W-9
  • Errors & Omissions Insurance
  • Property & Casualty License

Contact

Complete the form or email salessupport@bbvainsure.com/ for inquiries.

Agency Academy

Coming soon! Enroll in BBVA Insurance’s agency knowledge course to learn all about our industry, products, and services to give you the winning advantage when selling to your clients.



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