Bankers Insurance Group Places First

ST. PETERSBURG, Fla., April 8, 2014 /PRNewswire/ -- Bankers Insurance Group (BIG), an affiliate of St. Petersburg-based Bankers Financial Corporation, received the 2014 Analytics Model Insurer of the Year Award during the Celent Innovation & Insight Day in New York, NY. Celent, an international research and consulting firm, bases the annual awards on the question "What would it look like for an insurer to do everything right with today's technology?" Celent analyst Karen Monks said, "Among the many nominees this year, Bankers exemplified best practices and outstanding results in its implementation of One-Click Homeowners Insurance." Other finalists for the award were Inter Hannover and RSA Insurance Group.

"We don't really look for recognition from anyone but our customers," BIG President Bill Martin said. "However, being recognized as a model insurer by a respected industry observer hints at the power of customer-based innovation: Find a way to get the buyer the experience they want, and they will pay for it."

Jim Albert, who, as Bankers Financial Chief Information Officer oversaw the project, added, "This project was a  great example of transformational innovation driven by analytics, only made possible by strong sponsorship and collaboration between business and IT."

For more information on Bankers Financial Corporation, please visit www.bankersfinancialcorp.com.

Media Contact: PHYLLIS MAURO, Bankers Financial Corporation, 727-823-4000 ext. 4716, [email protected]

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SOURCE Bankers Financial Corporation