Simmonds on Bank Insurance : Insurance Advice for Bankers Who Buy Insurance for Their Banks

If one of the “hats” you wear is “insurance-buyer” for your bank, then this is the book for you. This book is written for bankers who buy insurance for their banks. Hundreds of definitions, forms, charts, suggestions, recommendations, and just plain good advice - for bankers. The language of insurance is demystified and translated into banker-speak. Scott Simmonds has worked with more than 370 banks in his career as a consultant. Bankers look to Scott to help make their insurance better - better coverage, better premiums, easier administration, and faster claims. Unbiased, expert bank-experience. In this second edition of his book, you get his latest thoughts, ideas, and approaches. One hundred updates were made from the 2007 version. Scott has received many industry awards and designations, making him one of the top 1% of insurance professionals in the country. Scott’s ideas have been published and quoted in the Wall Street Journal, Money Magazine, Forbes, The Boston Globe, and the Ellsworth American. He is a past president of his local Rotary Club, and of the Maine Association of Professional Consultants.

Scott Simmonds, CPCU, ARM entered the insurance business in 1979. He has provided insurance advice and counsel to companies throughout the US. As an insurance consultant, he does not accept fees or commissions from insurance agents or insurance companies. His education, experience, and unbiased position make him unique among insurance professionals.

A graduate of Babson College, Simmonds has earned the Certified Insurance Counselor designation from the Society of CIC, the Chartered Property and Casualty Underwriter designation conferred by the American Institute for CPCU, and the Insurance Institute of America's Associate in Risk Management designation. In 2007 the Institute of Management Consultants awarded Scott the Certified Management Consultant designation in recognition of his experience, approach, and knowledge.

Scott is a member of the Society for Advancement of Consulting, an organization accepting only the top 1% of consultants nationwide. He was the first insurance consultant granted membership in this prestigious organization. The society recognized his accomplishments in insurance by awarding "Board Approved" status. Scott was the nineteenth consultant worldwide afforded this honor.

Simmonds' articles and comments have appeared in the Wall Street Journal, Forbes, Fortune, Money, Inc. Magazine, Investors Business Daily, Kiplinger's, the Los Angeles Times, as well as numerous regional and trade publications.