InsurBanc was established to serve the unique financial needs of independent insurance agencies. It was created through a partnership between the Independent Insurance Agents & Brokers of America (the Big "I") and W. R. Berkley Corporation. As a division of Berkshire Bank, a well-established financial institution, InsurBanc leverages extensive banking resources while maintaining a dedicated focus on the insurance industry. Its services include agency acquisition financing, perpetuation loans, working capital lines of credit, and cash management solutions, all tailored to the specific business cycles and valuation models of insurance agencies.

Founded in

United States