Bankers Insurance Group
Carrier website links, underwriting access points, mapped product lines, and appetite notes in one place.
This appetite summary is only a guide. Confirm eligibility, submission requirements, restrictions, and binding authority directly with the carrier or underwriter before relying on it.
Carrier appetite summary
Current public-facing information from Bankers Insurance Group primarily highlights residential and commercial flood products and does not provide a detailed, openly published underwriting or appetite guide for agents for homeowners or flood. The carrier positions itself as a regional specialty writer with strong emphasis on flood (residential and commercial), builders risk, and businessowners programs, supported by an in‑house claims team and independent-agent distribution. Preferred/target business (flood): • Residential and commercial properties requiring stand‑alone flood coverage through Bankers’ specialty flood programs, marketed as a high‑service alternative within catastrophe‑exposed states. • Business owners seeking commercial flood as part of broader property risk management, often in coastal or hurricane‑exposed regions, where Bankers emphasizes stability, responsiveness, and people‑first claims handling. • Risks placed through independent agents who are active users of Bankers’ portals and are comfortable working with specialty-cat carriers. Restricted or declined classes (high‑level, inferred from positioning): • No explicit public list of prohibited flood or home classes is published. As a cat‑exposed specialty carrier, agents should expect tighter controls on severe coastal exposures, older or poorly maintained structures, and highly elevated prior‑loss frequency, as well as stricter requirements in severe storm‑surge and repetitive‑loss zones. • For businessowners lines, Bankers publishes a detailed BOP Rule Manual in a gated environment (eLearn site) indicating standard commercial eligibility, out‑of‑appetite occupancies, and underwriting referral criteria; these specifics are not fully visible without portal access but brokers should assume typical BOP restrictions on habitational, heavy manufacturing, high‑hazard contractors, and highly protected risks better suited for other programs. Geographic notes: • Bankers is headquartered in St. Petersburg, Florida, and historically focuses on catastrophe‑prone states, especially coastal markets. Flood marketing materials and recognition as a top commercial flood provider in 2025 reinforce a strong presence in Gulf and Atlantic coastal regions. • News reports and industry commentary indicate prior exits or retrenchment from certain Florida homeowners segments; agents should confirm current state and county availability, particularly for admitted homeowners, before quoting or remarketing any legacy home book. Submission and agent expectations: • Business is written through independent agents using Bankers’ agent/producer portals, with separate consumer and agent access. Agents are expected to follow program‑specific rule manuals (e.g., BOP, Builders Risk, Homeowners) that are housed behind login or eLearning gateways. • For flood, Bankers markets a high‑touch service model, encouraging agents to use carrier resources for quoting, education, and claims navigation. Contact details for flood service and underwriting (including phone and email) are provided within portal/agent communications, and agents are expected to submit complete applications with accurate elevation, construction, and prior‑loss information consistent with NFIP and private‑flood standards. • A policy download service is available for personal lines agents via IVANS, indicating that agents should keep agency‑management data synchronized using NAIC codes 33162 (Bankers Insurance Company) and 13990 (First Community Insurance Company) and adhere to Bankers’ setup instructions when writing or servicing personal lines business. Broker/producer instructions and notes: • Bankers emphasizes long‑term relationships and service quality: marketing content calls out Net Promoter Score, tenure of service staff, and awards for construction‑related products, signaling that producers who value stability and service are preferred partners. • Formal underwriting guidance, including eligibility, rating rules, inspection and referral triggers, is distributed via internal manuals and the agent portal rather than the public website. Producers should rely on their appointed‑agency access, eLearning documents, and underwriter contact to confirm appetite and obtain approvals for off‑indicator risks. • For new or changing catastrophe appetites (especially home property in Florida and other coastal states), brokers should treat older manuals and third‑party references as outdated and confirm live appetite directly with Bankers underwriting or marketing before quoting. Because Bankers does not currently publish a comprehensive public appetite or underwriting guide for home or flood, agents should treat all above as high‑level operational context and defer to the most recent program‑specific manuals and bulletins provided inside the Bankers agent portal for precise binding and referral rules.