Scott Simmonds, CPCU, ARM

“Fee-Only” Unbiased Insurance Consultant

I started my consulting practice with the idea that unbiased insurance advice and information is important to insurance buyers. I am someone you can call when you have insurance and risk management problems and questions – without the concern that I’m selling something. Think of me as the insurance expert who does not sell insurance.

My clients insist on my independent counsel. I regularly turn down offers of fee-sharing and commissions. When an insurance agent sends me a gift (which happens surprisingly often), I send it back. I don’t even let insurance agents buy me lunch. (I do drink their coffee when I visit their offices – it usually isn’t very good coffee though.)

In 2000, I decided that there was a need for an insurance expert who did not sell insurance. I left my job at a small insurance agency. I now have clients in forty-two states. I have been called the largest single insurance buyer in the country. I help my clients each year with buying insurance policies costing about $50,000,000 in premiums.

My writing and comments have appeared in the Wall Street Journal, Forbes, Fortune, Money, Inc. Magazine, Smart Money Magazine, the New York Times, Boston Globe, Investors Business Daily, Kiplinger’s, the Los Angeles Times, and countless trade publications.

I make my home in Maine. I’m a past president of the trade association, Maine Association Of Professional Consultants, and of the Biddeford/Saco Rotary Club.

To learn more, email me at

Who I Help:

Banks and Credit Unions. That is the whole of my consulting practice. I do not do expert witness work, personal insurance consulting, claims services

My consulting practice is limited to financial institution insurance. If your bank has insurance concerns, I’m your guy. If you are not a financial institution, I will turn you down. Other consulting work is not my thing.

Unbiased Insurance Consulting For Financial Institutions – It’s what I love doing and where I provide great value.

What I Don’t Do:

I don’t sell insurance – Never, Ever, Ever!

I don’t consult on health, life insurance, or personal insurance. It is not my interest.

I don’t offer litigation services/expert witness/court testimony. The work does not interest me.

Someone once told me that the main thing is to keep the main thing the main thing. I do that.

19 Reasons To Hire A Bank Insurance Consultant

Copyright Scott Simmonds 2000-2024