Banking InsurTech News

Freedom Bank Partners with Newtek Insurance to Offer Clients a Full Range of Insurance Solutions

Freedom Bank Partners with Newtek Insurance to Offer Clients a Full Range of Insurance Solutions

Bank to Extend the Advice and Value it Provide to Clients through a Comprehensive Risk Management Approach

The Freedom Bank of Virginia announced that it has partnered with Newtek Insurance to offer a full range of insurance solutions to business and consumer clients. In association with Newtek Insurance, Freedom Bank clients will enjoy access to commercial and personal insurance including property, general liability and workers compensation, home, renters, disability, individual life, as well as group health and employee benefits options.

Newtek Insurance Agency is a portfolio company of Newtek Business Services Corp., and offers end-to-end insurance programs from numerous insurance carriers maintaining an A. M. Best rating of A- or better. They maintain relationships with a network of insurance wholesale and general agents giving Newtek access to most insurance companies. Newtek focuses on highly rated and trusted carriers to ensure clients are receiving the most competitive rates and best coverage available.

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“I am thrilled to announce our partnership with Newtek as we continue to grow the bank’s capabilities and client offerings. We are excited to work with a company that shares our passion for delivering innovative solutions and exceptional client service.  We look for value added ideas and curate best in class solutions that we either own or outsource.  Given the current environment of increasing operating costs and elevated climate and cyber risks, we believe it is a great time for businesses to re-evaluate their insurance coverages. We look forward to a successful partnership and the ability to serve our clients’ financial needs more comprehensively,” said Joe Thomas, President and CEO, Freedom Bank.

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About Freedom Bank

The Freedom Bank of Virginia is a next-generation community bank, headquartered in Fairfax, Virginia, offering commercial banking, personal banking, and mortgage banking solutions using banker expertise and innovative technology to build lead relationships with clients.

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