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Corporate Building

MABIS

MABIS offers a full line of insurance products tailored to the unique exposures of a financial institution. We have an experienced staff with over 100 years of combined experience insuring banks, and we offer a variety of top-level carriers with competitive pricing and coverages designed for the unique loss exposures of the financial institution industry.

Safety Group

Property
  • Blanket Coverage Buildings & Contents
  • Blanket EDP Coverage
  • Extra Expense — Specific & Blanket
  • Valuation — Replacement/no co-insurance clause
  • $500,000 property basket per scheduled location
  • Customarq broad perils
  • Foreclosed property coverage
Liability
  • Aggregate per location
  • Customer personal injury endorsement
  • World wide coverage
  • Contingent trust liability
  • Fellow employee exclusion deleted
Auto
  • Symbols —10-2-8
  • No fellow employee exclusion-endorsement
  • Employees as insureds — endorsement
Mortgage holder errors and omissions, workers’ compensations umbrella

Mortgage holder errors and omissions, workers’ compensation umbrella

  • No retention
  • Pay on behalf of
  • Aggregate limits per location
  • World wide coverage

Coverage provided by: *Chubb Group of Insurance Companies; all companies rated ‘A’ or better.

Financial Institution Bonds

Coverages
  • No Aggregate Limit
  • Coverage for Counterfeit Checks
  • Coverage for Self-Storage Boxes on Premises
  • Cyber Extortion
  • Fraudulent Email, Fax and Voice
  • Kidnap/Extortion
  • Optional Electronic Notes
  • Claim Audit Expenses up to $100,000
  • Off-site ATM Coverage
  • Defective Signatures Real Property Laws
  • Transit Coverages
  • Stop Pay Legal Liability
  • Wrongful Check Dishonor
  • Credit/Debit Card Coverage
  • Excess Deposit Coverage

Coverage provided by: *Chubb, FinSecure, One Beacon, Progressive, Travelers & Zurich; all companies rated ‘A’ or better.

Directors & Officers

Coverages
  • Management & Professional
  • Separate Limits/Separate Aggregates
  • Non-cancelable
  • Directors & Officers
    • Separate limit side A
    • Securities coverage
    • Depositor liability
    • Privacy coverage
  • Employment Practices
    • Optional third-party coverage
  • Fiduciary Liability
  • Lender Liability
    • Third-party coverage
  • Bankers Professional Liability
    • Third-party coverage
  • Trust Errors and Omissions

Cyber Liability Coverage provided by: *Chubb, FinSecure, One Beacon, Progressive, Travelers & Zurich; all companies rated ‘A’ or better.

Other Specialty Options

Coverages
  • Distressed Bank Coverages
  • Financial Institution Bond
  • Directors & Officers
  • Force placed consumer products coverage (RV, contractors equipment)
  • Mortgage impairment/E&O coverage
  • Force placed property and flood insurance

Coverage provided by: *Arch, FinSecure; all companies rated ‘A’ or better.

Meet the team

John Siehlmann

John Siehlmann

Account Executive/Professional Lines
Karin Smith

Karin Smith, CISR

Safety Grouup Underwriter/Billing
Leslie Roseboom

Leslie Thomas

Assistant Commercial Underwriter
Lavern Carpenter

Lavern Carpenter, CISR

Project Coordinator/Endorsements
Dave Sheets

David Sheets, VP, CIC, MBA

Illinois Marketing
Graham Dahler

Graham Dahler, MBA, CIC

AVP, Regional Executive Manager
Jeremey Helmers

Jeremy Helmers

AVP, Territory Manager
Skip Tyler

Skip Tyler

AVP, Territory Manager