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
Publicly available information from Bankers Insurance Group focuses on product marketing and agent/consumer portals; detailed, line-by-line underwriting or appetite guides for Home or Flood are not exposed without agent login. As of this refresh, only high-level operational guidance can be inferred from public sources. PRODUCT & RISK FOCUS - Active property products highlighted are Builders Risk, Businessowners Policy (BOP), Residential Flood, Commercial Flood, and Excess Flood, with a multi‑state footprint (Bankers notes 40+ years of service in 45+ states).([bankersinsurance.com](https://bankersinsurance.com/?utm_source=openai))([bankersinsurance.com](https://bankersinsurance.com/?utm_source=openai)) - Flood: Bankers markets both residential and commercial flood solutions and positions itself as a key NFIP/private-flood servicing carrier with a strong service model, fast response times, and continuity through CAT events. Target risks are standard residential and commercial occupancies needing primary NFIP or companion/commercial flood coverage, including locations outside Special Flood Hazard Areas (they emphasize that floods can occur in all zones).([bankersinsurance.com](https://bankersinsurance.com/category/flood/?utm_source=openai)) - Builders Risk: Single-shot builders risk program for commercial and residential new construction or remodels up to $10M per job site, with 3–12 month terms and extensions up to 24 months. Indicates a focus on ground-up and renovation projects with typical construction values, not mega-projects. Preferred builders receive additional discounts.([buildwithbankers.com](https://buildwithbankers.com/?utm_source=openai)) - BOP: A Businessowners Non-Residential Rule Manual is published, but the full underwriting rules are in a PDF that is not easily summarized at a granular class-by-class level within this tool’s constraints. It confirms that standard non-residential small commercial occupancies are targeted and that risks not meeting current underwriting guidelines are out of appetite.([elearn.bankersinsurance.com](https://elearn.bankersinsurance.com/wp-content/uploads/2023/10/Businessowners-Non-Residential-Rule-Manual-11.2021-New-1.pdf?utm_source=openai)) - Homeowners (legacy): Separate trade-press reporting indicates Bankers filed to exit homeowners in Florida around 2022, citing reinsurance costs, so new HO writings in FL are not expected; any remaining home business is likely runoff or in limited geographies. No current public appetite page is posted for new HO writings, and the primary website de‑emphasizes homeowners in favor of builders risk, BOP, and flood.([theinsurer.com](https://www.theinsurer.com/ti/news/bankers-insurance-files-with-floir-to-exit-homeowners-line/?utm_source=openai))([bankersinsurance.com](https://bankersinsurance.com/category/home/?utm_source=openai)) GEOGRAPHIC NOTES - Bankers references service in “45+ states,” suggesting broad licensing but not listing specific in- or out-of-state restrictions publicly. Agents should verify current state availability per product via the secure agent portal or current rate/rule filings.([ins-int-apim.developer.azure-api.net](https://ins-int-apim.developer.azure-api.net/?utm_source=openai))([bankersinsurance.com](https://bankersinsurance.com/?utm_source=openai)) - Flood content is national in tone and references FEMA maps and NFIP Risk Rating 2.0; no state-specific appetite is shown, but practical focus is on U.S. coastal and inland flood-prone regions.([bankersinsurance.com](https://bankersinsurance.com/category/flood/?utm_source=openai)) - Builders risk site lists a St. Petersburg, FL mailing address and markets nationally; no explicit territorial restrictions are published, but expect coastal/CAT-exposed projects to be under stricter underwriting in high‑risk states.([buildwithbankers.com](https://buildwithbankers.com/?utm_source=openai)) PREFERRED BUSINESS (INFERRED FROM MARKETING & MANUAL SNIPPETS) - Residential & Commercial Flood: - Properties with insurable, standard construction in NFIP-participating communities. - Accounts where agents want stable service, rapid claims handling, and clear flood education for insureds (Bankers promotes high NPS and sub‑30‑second call metrics as differentiators).([bankersinsurance.com](https://bankersinsurance.com/category/flood/?utm_source=openai)) - Risks where insureds are open to proper limits and willing to comply with NFIP rules (elevation, waiting periods, etc.). - Commercial Flood: - Small to mid-sized businesses needing building and contents coverage for flood, including those outside high-risk zones but with meaningful exposure (Bankers emphasizes that 40%+ of claims arise outside SFHAs).([bankersinsurance.com](https://bankersinsurance.com/category/flood/?utm_source=openai)) - Builders Risk: - Residential and commercial new construction or remodel projects up to $10M value per location. - Projects benefiting from flexible term options (3/6/9/12 months) and potential return premium when jobs complete early. - Builders/contractors qualifying for "preferred builder" discounts, implying better-than-average loss and quality controls.([buildwithbankers.com](https://buildwithbankers.com/?utm_source=openai)) - BOP (Non-Residential): - Typical small commercial occupancies written on a BOP form; the rule manual indicates that risks are expected to meet standard underwriting guidelines and that certain classes (e.g., large habitational associations or assisted living) are referenced as examples of exposures requiring careful review or exclusion.([elearn.bankersinsurance.com](https://elearn.bankersinsurance.com/wp-content/uploads/2023/10/Businessowners-Non-Residential-Rule-Manual-11.2021-New-1.pdf?utm_source=openai)) RESTRICTED / DECLINED (INFERRED – PUBLIC DETAIL LIMITED) Because the full underwriting manuals sit behind authentication, specific hard ineligible classes are not enumerated publicly. Based on product positioning and the BOP manual’s framing: - Risks that “do not meet current underwriting guidelines” are out of appetite across lines; this will typically include: - Severe prior loss history (especially unrepaired or repetitive flood/CAT losses). - Properties in extremely high-hazard locations where capacity, reinsurance, or NFIP rules limit offerings. - Nonstandard construction types or projects exceeding the builders risk maximum ($10M per job site) or duration (>24 months) without special approval.([buildwithbankers.com](https://buildwithbankers.com/?utm_source=openai))([elearn.bankersinsurance.com](https://elearn.bankersinsurance.com/wp-content/uploads/2023/10/Businessowners-Non-Residential-Rule-Manual-11.2021-New-1.pdf?utm_source=openai)) - Florida Homeowners: New HO writings in FL are effectively exited; any new business submissions in that line should be treated as declined unless a specific niche program exists. Other states’ HO appetite, if any, is not advertised; treat homeowners submission opportunities as highly state- and program-specific and confirm via underwriting or the agent portal before marketing to clients.([theinsurer.com](https://www.theinsurer.com/ti/news/bankers-insurance-files-with-floir-to-exit-homeowners-line/?utm_source=openai)) SUBMISSION & PROCESS EXPECTATIONS (AGENTS/BROKERS) - Agent Access: - Dedicated secure agent login at secure4.bankersinsurance.com for quoting, policy issuance, and documentation across personal, commercial, and flood lines. Separate phone/email contacts are provided for Personal Lines, Commercial Lines, Flood, and Excess Flood support.([secure4.bankersinsurance.com](https://secure4.bankersinsurance.com/login.jsp?utm_source=openai)) - A separate API developer portal (ins-int-apim.developer.azure-api.net) indicates robust API connectivity for Homeowners, BOP, and Agent APIs; this is geared at digital distributors or MGAs integrating Bankers products into their platforms.([ins-int-apim.developer.azure-api.net](https://ins-int-apim.developer.azure-api.net/?utm_source=openai)) - Flood Business: - Bankers emphasizes agent education, training, and ongoing communication on flood; agents are expected to leverage FEMA flood maps and understand NFIP Risk Rating 2.0 when advising clients. - Standard NFIP rules apply (e.g., 30-day waiting periods in many cases, community participation requirements). Bankers positions itself as a service-focused program manager/servicing carrier, so complete and accurate data at submission (address, elevation, occupancy, prior flood history) will be critical to avoid rework.([bankersinsurance.com](https://bankersinsurance.com/category/flood/?utm_source=openai)) - Builders Risk: - Builders risk program has a dedicated microsite and marketing address; agents or builders typically request quotes directly or through an appointed agent; key required information will include project type (new vs remodel), location, project value, term, and contractor details. Preferred builder status may depend on experience and loss history.([buildwithbankers.com](https://buildwithbankers.com/?utm_source=openai)) - BOP: - A Businessowners Rule Manual is available (PDF); agents should follow class eligibility, limit, and coverage options as outlined there. Risks outside manual guidelines require underwriting referral; the manual explicitly notes that risks that do not meet underwriting guidelines should not be bound without approval.([elearn.bankersinsurance.com](https://elearn.bankersinsurance.com/wp-content/uploads/2023/10/Businessowners-Non-Residential-Rule-Manual-11.2021-New-1.pdf?utm_source=openai)) - Operational Tools: - Personal lines agents can download policy activity from Bankers into agency management systems daily, indicating strong support for comparative raters and AMS integration; agents must coordinate with their AMS vendor and Bankers to activate downloads.([secure.bankersinsurance.com](https://secure.bankersinsurance.com/AboutDownload.htm?utm_source=openai)) BROKER / PRODUCER NOTES - Appointment & Support: - Prospective agents are directed via Bankers’ general number and agent resources; specific underwriting contacts are segmented by line (homeowners, commercial, flood, excess flood). This structure implies that producers should route underwriting questions through the dedicated line-specific support channels rather than general customer service.([secure4.bankersinsurance.com](https://secure4.bankersinsurance.com/login.jsp?utm_source=openai)) - Service Positioning: - Bankers relies on high NPS, rapid response times, and continuity in catastrophes as its main value propositions to agents (especially in flood). Agents are encouraged to consolidate flood business with Bankers in exchange for better service rather than chasing marginally higher commissions elsewhere.([bankersinsurance.com](https://bankersinsurance.com/category/flood/?utm_source=openai))([bankersinsurance.com](https://bankersinsurance.com/?utm_source=openai)) - Claims & Customer Experience: - Claims are handled by an in-house team with a focus on responsiveness and clear communication; agents can promote this when placing CAT-prone risks. Multiple policyholder portals (consumer and flood-specific) support self-service; producers should steer insureds to these portals for payments, claim status, and document access.([bankersinsurance.com](https://bankersinsurance.com/?utm_source=openai))([iscfay.com](https://iscfay.com/bankers-insurance/?utm_source=openai)) PRACTICAL OPERATING GUIDANCE (FOR YOUR TEAMS) - Treat Bankers as a specialty flood, builders risk, and BOP market with broad U.S. reach and a strong service model, not as a mainstream homeowners carrier. - For Homeowners placements: verify in real time via the agent portal or underwriting whether any non-Florida HO programs remain open in your states; assume new HO in Florida is unavailable regardless of risk quality. - For Flood: prioritize complete location and construction data, verify NFIP eligibility, and set expectations on waiting periods. Use Bankers especially where agents value servicing and claims over minor pricing differences. - For Builders Risk: stay within the $10M limit and 24‑month maximum duration unless you have explicit underwriting sign-off; target competent, experienced builders and standard construction. - For BOP: follow the rule manual class eligibility; refer any borderline or unusual occupancies to underwriting before quoting or binding. - Always confirm current state and product availability and any recent appetite changes through the secure agent portal or your Bankers marketing/underwriting contact, as public-facing materials do not list granular appetite or disallowed classes.