In order to better protect the mortgage lending community, Bankers Insurance Service pioneered the Mortgage Bankers Bond (MBB), by combining investor and warehouse lender required Fidelity Bond and Mortgagee’s Errors & Omissions (E&O) insurance into the same policy. Developed in concert with our underwriting partner Lloyd’s, London, and the Mortgage Bankers Association (MBA), the MBB was launched more than 65 years ago, in 1952.
Since that time, our products have been continually updated and expanded to keep pace with the ever-evolving mortgage lending industry. Bankers Insurance Service is the leading provider of insurance for mortgage lending operations in the US. Our products include:
Fidelity Bond and E&O Insurance;
Professional Liability (E&O) Insurance;
State License/Surety Bonds;
Directors & Officers Insurance;
Global Portfolio Protection Program (Mortgage Impairment, Force Placed, REO combination policy);
Renewable Energy Loan Coverage