financial services

Coastway Bank teams with Starkweather

Posted 5/4/10

CRANSTON – Coastway Community Bank is partnering with Starkweather & Shepley Insurance Brokerage Inc. to provide insurance services to bank members.

The partnership – dubbed Coastway Insurance Connection – will steer bank members to Starkweather & Shepley for their insurance needs.

The bank said the agency will determine if customers have the proper home, auto, marine, health, life or business insurance.

“When our members visit our branches, often it’s around a life-changing event,” said Bill White, president of Coastway Community Bank. “Whether it’s an entrepreneur opening a new bank account or a couple coming in to sign mortgage papers, it’s also a time to be thinking about insurance coverage. We want to offer a reminder for folks to think about protecting themselves, their loved ones and their assets. The Coastway Insurance Connection is a linkage to professional insurance where they can find the right coverage at the best premiums.”

Starkweather & Shepley said it will provide a free risk analysis of a bank member’s insurance policies, providing recommendations to optimize their insurance coverage portfolio. The analysis can be completed at one of Starkweather & Shepley’s four offices – East Providence, Westerly, East Greenwich or Westwood, Mass. – or even at the customer’s home, if requested.

“I’ve seen too many instances where people don’t think about their insurance protection until it’s too late,” said Bill Preston, senior vice president at Starkweather & Shepley. “The Coastway Insurance Connection is an opportunity to remind people to stop and take time to seek the professional guidance they need to analyze their insurance portfolio.”

Established in 1920, Coastway Community Bank is a $300 million, full-service financial institution headquartered in Cranston with 28,000 members and seven branches. Additional information is available at www.coastway.com.

Starkweather & Shepley Insurance Brokerage Inc. is a provider of life, property, auto and other insurance to individuals and the financial, food-service, maritime, manufacturing, retail, medical and utility industries via its headquarters in East Providence and branch offices in East Greenwich, Westerly and Westwood, Mass. As an Assurex Global Partner, Starkweather & Shepley is part of a worldwide network providing coverage on a global basis. For additional information, visit www.StarkweatherShepley.com.

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