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BANCSERVE Insurance Agency
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  • During the mid-80's agricultural crisis, some insurance companies pulled out of the Midwest, leaving bankers nowehere to go for financial institution bond and directors' and offiercers' liability coverage.
  • In 1985, a captive insurance company was formed by 5 banker associations. In 1986, BANCSERVE, a for-profit subsidiary of the Montana Bankers Association, invested $55,000 in Banclnsure stock and wrote $1.2 million in Banclnsure premium in Montana and Wyoming.
  • BancInsure entering the market triggered a competitive insurance environment.  This force premiums down for ALL Montana and Wyoming banks, saving millions of premium dollars for ALL banks.
  • In 2012, AmTrust Insurance Company purchased BancInsure. As a result, BANCSERVE’s exclusive agreement terminated and the agency was appointed by five other insurance companies (AmTrust, OneBeacon, FinSecure, ABA and CNA). As well, via a broker, the agency has access to other insurance companies.
  • BANCSERVE agent, Tempi Ruth, helps risk manage community banks and has specific knowledge in financial institution bond, di rectors' and officers' liability insurance, and property casualty coverage. Further, banker to agent and agent to underwriter communication provides rapid responses and product enhancements.


  • Current Clients:  Montana banks - 46, Wyoming banks - 8.
  • BancInsure is the only insurance company still owened by two state bankers associations and private investors.
  • Tempi is your full-time insurance risk manager: e-mail Tempi Ruth or call:  800/541-5126 or cell 406/861-3811.


  • BANCSERVE will continue to provide risk counseling for community banks in Montana and Wyoming.
  • BancInsure will continue to provide innovative insurance products designed just for banks, incorporating features that traditionally are excluded from commercial insurance policies.
  • BancInsure will continue to provide a competitive market to keep costs down for all community bankers.
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