ATLANTA–If there is a formula for banks seeking to set up an insurance division, one Western Pennsylvania institution believes that getting the culture right should top the list, executives here said.
"Culture is important," noted Todd D. Brice, president and chief operating officer of S&T Bancorp and S&T Bank based in Indiana, Pa. "We went out and looked for someone with the same philosophy."
Joe Imler, president of Evergreen Insurance Associates, LLC, and vice president of S&T Insurance Group, LLC observed, "Anyone who goes into [talking about an acquisition] needs to talk philosophically about the relationship before talking about the numbers."
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
