The Muniz agency is one of the largest Allstate agencies in Colorado with over 5,000 client households. Like Solera National Bank, the Muniz agency and Allstate Insurance Company serve the mainstream market but also have a significant niche market focus serving Hispanic clients. The relationship is an opportunity for the bank to continue its community efforts of strategically aligning itself with prominent financial services firms.
Allstate Insurance Company is the nation's largest publicly held personal lines insurer. It is a Fortune 100 company, with $157 billion in assets. Allstate sells 13 major lines of insurance, including auto, property, life and commercial. Allstate also offers retirement and investment products. According to Exclusive Agent, James Muniz, "At the Muniz Insurance Agency, we have been working with clients for twelve years to provide a wide range of insurance and financial solutions and services."
Paul M. Ferguson, Solera National Bank CEO, said, "Our relationship with James Muniz and Allstate will allow Solera National Bank to offer our clients comprehensive financial products and services not typically offered by community banks". -- Solera National Bancorp, Inc.