Insurance Services
for Financial Institutions in Birmingham, AL
TEJ Agency is a trusted Managing General Agency (MGA) serving banks and credit unions across Birmingham, Alabama. With more than 50 years of experience, we help financial institutions reduce uninsured risk and stay compliant through specialized insurance tracking, lender-placed insurance, blanket coverage, and servicing protection. Whether you serve commercial borrowers in Downtown Birmingham or residential clients in Hoover or Vestavia Hills, our team delivers responsive, effective solutions designed to fit the way you lend.
Custom Insurance Programs for Alabama Lenders
We support financial institutions throughout Jefferson County and Central Alabama with scalable services that ease operational stress and protect loan portfolios.
Our full-service tracking programs monitor borrower insurance across mortgage, auto, and equipment loans. Birmingham lenders rely on our team to identify lapses, issue compliant borrower notices, and maintain clear documentation—freeing internal staff to focus on member service.
When borrower coverage is canceled, missing, or inadequate, we place hazard, flood, REO, and auto protection immediately. Our lender-placed insurance services support compliance with both Alabama state lending rules and national standards.
TEJ’s blanket mortgage, auto/VSI, and equipment policies are ideal for growing institutions in areas like Trussville, Alabaster, and Pelham. These programs reduce the need for borrower-level tracking while providing seamless portfolio coverage.
Whether it’s a missed notice, escrow handling mistake, or policy documentation error, our E&O coverage protects your institution from common servicing risks. Birmingham-area lenders trust us to support compliance and reduce liability behind the scenes.
Why Lender Insurance Matters in Birmingham
Built for Community-Focused Lenders in Central Alabama
We work with both large and small institutions serving urban neighborhoods and nearby towns like Homewood and Mountain Brook.
Supports State and Federal Compliance Requirements
From Alabama Department of Insurance rules to CFPB and NFIP guidelines, our programs help your team stay audit-ready.
Scales with Birmingham’s Lending Growth
As new residential and commercial developments expand in Jefferson and Shelby Counties, our solutions grow with your loan portfolio.
Frequently Asked Questions
Do you work with banks and credit unions across the Birmingham metro area?
Yes. TEJ supports financial institutions in Birmingham proper as well as in suburbs like Gardendale, Bessemer, and Helena. Whether you serve first-time homebuyers or business equipment lenders, our programs are designed to adapt to your regional lending footprint.
How do flood zones in Alabama affect our insurance program needs?
Parts of Birmingham, including areas near Village Creek and the Cahaba River, fall within designated flood zones. We help institutions stay compliant with NFIP regulations through flood tracking and lender-placed coverage. You can rely on us to identify gaps in borrower policies and ensure timely placement of protection.
Is blanket insurance a good fit for Birmingham lenders?
Yes. Many Alabama lenders use blanket mortgage or auto coverage to simplify operations while maintaining full protection. These programs are especially valuable for credit unions or community banks with limited staff and high-volume portfolios spread across Jefferson, Shelby, and surrounding counties.
What compliance support do you provide for Alabama-based institutions?
We help ensure your insurance program meets Alabama-specific servicing standards, as well as federal and investor requirements. This includes compliant borrower notice timing, flood zone documentation, and support during audits from regulators or secondary market participants.
How do I get started with TEJ if our institution is in Birmingham?
We begin with a short consultation to learn about your loan types, servicing structure, and risk tolerance. Then we build a custom solution using insurance tracking, lender-placed policies, blanket coverage, and/or E&O protection—all designed to serve your Birmingham operation effectively and efficiently.
