Bankers Financial Corporation Announces New President

Feb 25, 2016, 10:00 ET from Bankers Financial Corporation

ST. PETERSBURG, Fla., Feb. 25, 2016 /PRNewswire/ -- Bankers Financial Corporation, a St. Petersburg-based insurance, surety, and business solutions company, today announced the appointment of Robert G. Menke to President, Bankers Financial Corporation, effective March 7th.

Menke has decades of experience in both the Insurance and IT sectors. Menke started at Bankers at the age of 23 as a Programmer before taking on several leadership roles, including Manager of Information Systems to Senior Vice President of Corporate Services. From 1999-2002, he served as CEO and President of P&C Companies with Bankers Insurance Group. During that tenure, Bankers posted revenue growth of 33% and became the second largest Flood carrier in the Federal Write Your Own (WYO) program. Since his departure from Bankers, Rob has served as President and CEO of Riscserv, LLC, an IT consultancy focused on helping insurance companies define, implement, and execute key strategies. Menke also served on the BFC Board from 1996-2002 and 2006-2010.

"We continue to gain momentum across all of our business lines and we needed to further solidify our structure to maintain our positive path forward. We are very excited to bring Rob's IT and Insurance expertise back into the Bankers fold," said John A. Strong, Chairman and CEO, Bankers Financial Corporation. "His in-depth knowledge of IT infrastructure coupled with the strong leadership team assembled by our President of Insurance, Judy Copechal, will only accelerate our timeline to implement leading-edge modeling and analytics within our Insurance businesses."

Menke will provide leadership oversight for Corporate Shared Services (IT, Corporate Marketing, and Human Resources) and Insurance. He will also oversee BFC's corporate alternative investments.

Menke holds an M.B.A. from the University of South Florida.

About Bankers Financial Corporation

Bankers Financial Corporation is a 39-year old private, diversified financial services company based in St. Petersburg, FL. The 750 associates at Bankers offer outsourcing solutions for claims, policy and flood products for insurers; insurance tracking for lenders; human resources solutions as a professional employer organization for small business; warranties for consumer electronics and new homes; insurance and maintenance services for properties, businesses and builders; annuities for individual investors, and surety bonds for contractors and bail.

Bankers Financial Corporation ranks #22 out of 200 companies in the Tampa Bay Business Journal's latest list of the largest private companies in Tampa Bay.

SOURCE Bankers Financial Corporation