Richmond, VA (August 2, 2011) – Bankers Insurance LLC announced today it has acquired substantially all of the assets and assumed certain liabilities of Gateway Insurance Services, Inc., previously owned by Hampton Roads Bankshares, Inc. Consideration paid by Bankers Insurance LLC includes cash and a Bankers Insurance LLC membership unit to Hampton Roads Bankshares, Inc., the holding company of Bank of Hampton Roads. This purchase marks the 18th acquisition by Bankers Insurance LLC since its inception in 1999. Gateway Insurance Services, Inc. has five offices in eastern North Carolina and one office in eastern Virginia.

“We are excited to be expanding into the eastern North Carolina area and look forward to partnering with the Bank of Hampton Roads. In addition, we are able to obtain some valuable employees with great talent. As part of this acquisition, we are pleased to announce Ms. Suzette Ward as Regional Vice President of eastern North Carolina,” said Marshall Fleming, President & CEO of Bankers Insurance LLC.

Established in 1999, Bankers Insurance LLC is one of the largest insurance agencies in Virginia. The addition of Gateway Insurance Services brings strong resources and additional growth opportunities to the agency.

Bankers Insurance LLC, headquartered in Richmond, Virginia, is currently 6thlargest insurance broker in the commonwealth and the 90th largest insurance broker in the US with premium sales of $250 million. Bankers Insurance LLC has nineteen full service offices, over 220 employees and is owned by a consortium of Virginia community banks. For more information, go to www.bankersinsurance.net .

Richmond, VA (February 17, 2010) – Bankers Insurance, LLC announced today it has merged with Comprehensive Benefits, Inc. based in Lynchburg, VA. Comprehensive Benefits will now operate as Bankers Insurance.

“I am very pleased with the expansion of Bankers Insurance into Lynchburg in a union with the finest employee benefit organization in Central Virginia. It is clear that Comprehensive Benefits is built around great people, with employees and leaders that possess outstanding insurance professionalism while having deep roots in their community. We look forward to welcoming Comprehensive Benefits to the company,” said Marshall Fleming, President & CEO of Bankers Insurance.

Established in 1996, Comprehensive Benefits previously operated as Bradley & Associates. Comprehensive Benefits and Bradley & Associates has operated as an employee and executive benefit firm earning many industry awards for quality service and production since 1976. Buck Bradley, President of Comprehensive Benefits will serve as the Regional Vice President of this new Bankers Insurance location.

Commenting on the combination of Comprehensive Benefits and Bankers Insurance, Buck Bradley said, “Our merger with Bankers Insurance gives our agency the depth and capability to bring more product lines and services to our clients along with the strength of this exceptional organization. Our staff of insurance professionals is looking forward to assisting our clients and bringing to them the best products available in the industry.”

Established in 1999, Bankers Insurance is one of the largest insurance agencies in Virginia. The addition of Comprehensive Benefits brings strong resources and additional growth opportunities to the agency.

Bankers Insurance, headquartered in Richmond, Virginia, is currently among the top ten brokers in the commonwealth with sales of $200 million. Bankers Insurance has thirteen full service offices, over 185 employees and is owned by a consortium of Virginia community banks. For more information, go to www.bankersinsurance.net.

Richmond, VA (January 20, 2009) – Bankers Insurance, LLC announced today it has acquired the Hutton Vincent Williamson McLean Insurance Group (HVWM) based in Asheville, NC. HVWM is one of the oldest and largest independent agencies in western North Carolina. This purchase marks the 12th acquisition by Bankers Insurance since its inception in 1999 and the first outside of Virginia.

“I am very pleased with the expansion of Bankers Insurance into North Carolina in what I believe is a union with the finest insurance organization in Western North Carolina. It is clear that Hutton Vincent Williamson McLean Insurance Group is built around great people, with employees and leaders that possess outstanding insurance professionalism while having deep roots in their community. We look forward to welcoming HVWM to the company,” said Marshall Fleming, President & CEO of Bankers Insurance.

Established in 2000, HVWM was formed through the merger of McLean Insurance, Schley and Williamson Insurance and Hutton-Vincent Insurance, three long-standing Asheville agencies. HVWM is currently led by the three principle owners of the three merged agencies, all of whom will retain an active role within the organization following the acquisition.

Commenting on the combination of HVWM and Bankers Insurance, Jerry Vincent, Chief Executive Officer of HVWM said, “Chip Williamson, Bill McLean and I, along with the entire staff of insurance professionals at Hutton Vincent Williamson McLean, are energized by the opportunity to become affiliated with Bankers Insurance. Our focus is on strengthening our ability to assure continued growth while being the most qualified source for business and personal insurance in Asheville and Western North Carolina. In Bankers Insurance we have found an exceptional organization which shares our values in providing customers with the highest level of professional services. We enthusiastically look forward to becoming part of the Bankers Insurance team.”

Established in 1999, Bankers Insurance is one of the largest insurance agencies in Virginia. The addition of HVWM brings strong resources and additional growth opportunities to the agency.

Bankers Insurance, headquartered in Richmond, Virginia, is currently among the top ten brokers in the commonwealth with premium sales of $175 million. Bankers Insurance has twelve full service offices, over 160 employees and is owned by a consortium of Virginia community banks. For more information, go to www.bankersinsurance.net.

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