Services for banks and lenders

The Financial Institutions Division of American Modern Insurance Group for more than 40 years has provided the banking and lending industries with insurance products and services, which now include:

  • Mortgage hazard insurance
  • Mortgage impairment
  • Blanket mortgage hazard
  • Flood insurance
  • Collateral protection insurance — CPI
  • Lenders single interest — LSI
  • Insurance and loan tracking
  • Escrow and claims processing

Our seasoned experts will work with you to build a flexible solution to your portfolio’s exposure, drawing upon all of our skill sets – mortgage tracking and processing, underwriting, finance, compliance, and claims – all handled with a laser-like focus on service.

  • Rated “A+” (Superior) by A. M. Best Company
  • Ranked a Ward’s 50® Top Performer since 1999
  • Named a Top 10 P&C insurer by SNL Financial in 2010
  • Licensed in all 50 states

This site is intended for American Modern’s institutional clients. If you are looking for personal insurance for your home, motorcycle, boat or collector car, please call us at 866-880-8651, or go to our consumer web site.

 

American Modern is part of Munich Re

Munich Re is the world’s largest reinsurer, with more than $300 billion in assets, and ranks in the top 100 of Fortune Magazine’s Global 500 list. Headquartered in Munich, Germany, Munich Re operates in all lines of business, primary and reinsurance, in 160 countries.

  • A. M. Best Company Rating A+ (Superior)
  • Fitch Rating AA- (Very strong)
  • Moody’s Rating Aa3 (Excellent)
  • Standard & Poor’s Rating AA- (Very strong)

Munich Re invests heavily in research on the climatological and geophysical hazards challenging the insurance industry. Sophisticated geocoding and modeling tools help Munich Re’s customers better understand and mitigate natural catastrophes.