Bank Insurance Advisory
When Did You Last Have a Fresh Set of Eyes on Your Insurance Program?
Your agent knows your bank. Your carrier knows your premiums.
But when did someone independent — someone with no stake in the outcome — sit down and tell you whether your coverage is actually right for where your bank is today?
Things change. Your bank grows, acquires, adds products, takes on new risk. Your insurance program should keep pace. Most don’t, simply because no one’s asked the question lately.
What Clients Say...
“At no point did it turn into a sales pitch — just a straightforward, practical look at our program from an independent third party.”
Bryan Larson, CFO – American Federal Bank
Your Bank Pays Significant Premiums Every Year.
When Did Anyone Last Verify They Were Well Spent?
Insurance is one of the largest non-interest expense lines a community bank carries. Your board approves it annually. Your agent renews it annually. But independent verification from someone with no stake in the outcome confirming that your coverage is right, your pricing is competitive, and your gaps are identified — that’s rare.
And the longer it’s been, the more your bank has changed since anyone last looked.
What an Independent Review Actually Looks Like
No Conlict of Interest
Dan earns no commissions and has no relationship with your carriers. His only obligation is to you , which means you get an honest assessment, not one shaped by who placed the coverage or who’s renewing it.
Coverage & Pricing Analysis
Your policies reviewed against current market standards and your bank’s actual risk profile, not just what was convenient to place at last renewal. Are you over-insured in some areas and exposed in others? You’ll know.
A Clear, Actionable Report
Leadership receives a written summary in plain language. What’s working, what isn’t, what to address at the next renewal. Something your board can actually use, not a stack of policy documents.
This Isn’t About Replacing Your Agent
Your agent likely knows your bank well. That relationship has value and this isn’t about disrupting it. What an independent review adds is something your agent genuinely can’t provide — an outside perspective with no stake in the outcome.
Think of it the way you’d think about an external audit. Your internal team is competent and trusted. The audit isn’t a vote of no confidence, it’s how serious institutions verify that what they believe to be true actually is. An independent insurance review works the same way.
If your program is solid, you’ll have documentation that confirms it. If there are gaps or pricing issues that have crept in over time, you’ll find out now rather than at claim time.
We got a lot of value out of the time with Dan on our insurance review.
He asked the right questions, pointed out areas of concern, and helped us get clarity on how what we have stacks up against what we need. At no point did it turn into a sales pitch – just a straightforward, practical look at our program from an independent third party – which is exactly what we were looking for.
He helped confirm what was working and called out where we should be paying attention. We now have a better handle on where things stand and what changes are worth making.
Nearly 40 Years of Experience
Dan Weedin is an independent insurance and risk management consultant. In his advisory work with credit unions, he accepts no commissions or referral fees from carriers. His only client is your credit union, and his only interest is making sure your program is properly structured, competitively priced, and genuinely adequate for the risks you face.
He holds the Certified Insurance Counselor (CIC) and Certified Risk Manager (CRM) designation and serves as faculty for Risk & Education Alliance. He has spent nearly four decades in insurance — spanning underwriting, commercial consulting, and independent advisory work — and has been running his own firm, Emerging Risk Solutions, since 2005.
Ready for a Fresh Look at Your Program?
The first step is a no-obligation conversation about where your bank is today and what an independent review would involve.
No cost, no pressure beyond that call.
