Skip Navigation
- Close Locations
My Location

Locations Near You


50 W. Lancaster Ave., Ardmore, PA 19003 610-896-6435

ATM Safety Deposit Boxes Coin Machine  Bank Branch


5000 Pennell Road, Aston, PA 19014 610-364-7800

ATM Safety Deposit Boxes  Bank Branch


135 East City Ave., Bala Cynwyd, PA 19004 610-664-6293

ATM Safety Deposit Boxes  Bank Branch


1436 Lancaster Avenue, Berwyn, PA 19312 610-581-4774

Wealth Office


1436 Lancaster Avenue, Berwyn, PA 19312 610-527-1881

Insurance Office

Show More
Find Locations 610-525-1700

As the world works to understand and respond to the COVID-19 pandemic, staying informed is one of the top things a business can do to understand how it might be impacted (or protected). While the situation remains fluid, and we know that every business’s situation is unique, we wanted to share some information on questions we’ve been getting asked a lot lately.

We asked our personal and commercial insurance advisors to share their expertise with us to cut through the varied messages media outlets are sending so you can better understand how (or even if) COVID-19 could impact you.

Once you hire a nanny, or other type of in-home caregiver, you become that person’s employer. As a household employer, there are several human resources-related aspects to manage, and you will need to protect yourself from all the liabilities and risks.

Drones have become incredibly popular in the past few years. With high-end options such as camera and video recording equipment, safety and privacy concerns have also heightened. If you are a drone owner and operator, it is crucial to understand what insurance coverage is needed.

Nonprofit Organizations

Though nonprofit organizations don’t quite operate like traditional businesses, they do have similar risk exposures. It is important to stay up on what risks the organization may face and the best practices regarding risk management to help your organization avoid facing costly and disruptive issues.

Life Insurance 101

Buying life insurance has always been a safety net for families to take care of loved ones after someone passes, making it an important investment. But what kind of life insurance do you need? Do you choose term life or whole life? What’s the difference?

We’ve all seen vehicles on the road covered in snow, with the snow blowing off as they travel. If you haven’t been given enough reasons to take the few minutes required to clear your vehicle of snow and ice before pulling out of your parking spot, here are a few that are important to consider.

From rare coins to furs, baseball cards to priceless figurines or dolls, collectibles come in all shapes and sizes. One thing they all have in common, however, is the need for personal insurance specifically made for collectibles.

New Year, New Coverage

Every year, people type out their New Year’s resolutions with goals to start a new workout routine, cut down on spending, or spend more time off their screens. But one resolution that individuals could get behind is reviewing their personal insurance coverage.

Through some preventative measures and understanding the potential risks, your holiday season can be safe and sound. Now is the best time to review your homeowners insurance coverage while also making a proactive outline of how you can get ahead of costly holiday claims.

There are a number of reasons why someone’s insurance may need to be freshened up. From paying off loans, to moving to a new home, to looking for lower rates, consumers can benefit by shopping for new insurance quotes.

While no one should go about the holidays thinking that something bad is destined to happen to their new gifts, it’s important to know what’s covered under certain insurance options and how items can be protected from loss and damage.

Freak accidental deaths may sound like something made up, but they’re unfortunately all too real. To better understand what can be protected, here is a list of freak deaths that have actually happened and can be covered against with term life insurance.

Unique vehicles require special auto coverage. A classic, custom, collectible or antique car requires insurance that reflects your vehicle’s uniqueness and value. If you own a show car, it is in your best interest to learn about the kind of policy you need.

When running a business, you may be considering certain types of insurance to keep your operations, finances, and employees safe. Things like fire insurance, property damage coverage, and maybe even auto policies for business cars may first come to mind. But have you considered kidnap and ransom coverage?

The market for supply chain management has reached across the globe, and as relationships between nations continue to grow in terms of trade and commerce, few supply chains can exist within one country or part of the world. With international trading of goods and resources comes issues related to compliance and insurance, and supply chain companies need to understand where they stand.

Whether it is a slip, a fall or a trip, there’s only so much that can be done to prevent liability risks from occurring at your business. These issues can happen at any time and sideline customers or employees who take a nasty spill on your premises. Not every slip and fall case will lead to legal issues necessarily, but you can never be too sure of what kinds of problems will come up in the near future. If a valid claim is made, filed, and settled against your company, it can be hard to navigate and draining to your overall business.

Are you planning on making some upgrades or renovations to your home? Finally getting that new bathroom you’ve been eyeing or installing new cabinets in the kitchen? That’s always an exciting change, but can definitely add some stress to your plans when it comes to making sure insurance is set up and covering what you need.

After years of blood, sweat, and tears, your athletically-gifted student athlete has landed a full scholarship to play their favorite sport at the college level. This is exciting, life-changing, and something that could possibly open doors for them following their college career. But as you well know, playing any sport at an elite level can also open the door to injuries that can sideline them for a game, a month, or have long-term effects on them for the rest of their lives.

Every employee plays an important role in the workplace, and losing them suddenly is always detrimental to the business. It takes time to replace a quality worker that many companies don’t have the extra time to do. However, there are insurance measures that can be put in place in order to make sure that a business can recover from a major loss while still assisting the family of the late worker.

In Pennsylvania, individuals looking for the right personal insurance options for their automobile coverage have a few choices. Citizens in the state can choose between full tort, which allows policyholders to sue for pain and suffering, and limited tort and forfeit the right to compensation when it comes to pain and suffering. A limited tort option typically offers a small discount on a monthly premium.

In the last 20 years, individual states in the country began implementing workers’ compensation laws that require companies to provide medical expense reimbursements and other benefits to employees who fall victim to a workplace injury or illness. From major corporations to small businesses, workers’ compensation has become a regular component of benefits packages for employees.

Choosing the right home insurance deductible is an important step when it comes to getting the most of a policy. Every homeowners insurance policy has a deductible, so it’s important that everyone involved in ownership has a say. But what is all considered when choosing the right deductible and what are some factors that play a role?

Congratulations on your engagement! Engagements are always exciting; you’re celebrating a new chapter in life that brings in many changes. Big changes always come with new responsibilities, however. While it’s not about the money being spent, it’s going to be a factor in any wedding. All in all, getting married is expensive for any couple’s budget.

Reputation is everything for any business. Big or small, it’s important to protect your brand. Many people utilize search engines—namely Google—to search for things. That’s not to mention the lightning speed of sites like Twitter. But all of this comes as a double edged sword.

With the way technology rapidly develops across various landscapes like the internet, all a business can do is make sure that they are not left clueless when hit with a cyber problem. Here’s all of the reasons why cyber insurance has become a necessity for every business.

Businesses often work with vendors to improve different aspects of operations.Third party exposure to secure systems and sensitive information poses a great risk to companies and their customers. Organizations commonly struggle to implement a wide approach to vendor management due to barriers such as lack of standardized and centralized processes, no formal single point of contact, no central repository, and limited adoption of vendor management policies.

Experienced entrepreneurs know that business insurance is just as vital as a business plan, a marketing strategy, or product development in ensuring the longevity and success of a business. The protection can make or break what you’ve worked so hard for.

For successful individuals and families, placing the ownership of assets into trusts and LLCs can be a useful tool for estate planning, privacy, tax, or other reasons. It is not uncommon for residential property to be transferred to one of these entities in order to take advantage of the protections afforded.

Nonprofit risk management is an essential component for a successful organization, and depending on the type of organization, there are a number of risk exposures involved. A successful nonprofit organization recognizes the risks involved and does everything they can to mitigate them. To help identify some of those risks, here is a list of four of the most common risks for nonprofits.

Insuring a residential condominium unit can be complicated. If you own a condo and sustain damage, there are two insurance policies that will respond: your own condo unit owner’s policy (or HO-6), and the association master policy. In this week’s newsletter, we discuss what each policy covers and offer insight into selecting better-than-basic coverage options for your HO-6 policy.

Thinking about or planning for a disaster – fire, theft, flood, etc. – is not pleasant. However, addressing those “what if” scenarios before they occur, when you are not under tremendous stress, will be comforting to you and all those affected. Having verifiable documentation of your ownership and worth of your valuables – works of art, jewelry, furniture, and recreational equipment – will help you navigate a potentially arduous claims process.

All company managers, not-for-profit and for-profit, know they need insurance. They don’t always know why, and they don’t always understand exactly how it works, but they know there are funders, landlords, banks, and others who require that they have it.

Automobile insurance premium rates have been on the rise for the past several years, and they are expected to continue to increase in the immediate future. What is behind the higher rates and how might rapidly evolving technology affect automobile insurance in the years to come?

Ever since President George H.W. Bush talked about the “thousand points of light,” there has been considerable public attention on, and interest in, volunteerism. Most not-for-profit organizations rely on volunteers to some degree to fulfill their mission, and their insurance policies must address the associated liability brought on by volunteer programs.

Personal insurance typically provides individuals and families with protection against loss to their property and assets from such perils as fire, water damage, and liability lawsuits. However, there is another exposure that is becoming an increasingly dangerous threat in our technology-driven world – cybercrime.

Directors and officers liability insurance (D&O insurance) is important coverage that all companies (private and public) and not-for-profit institutions should consider carrying. It protects the assets of the entity’s directors and officers – and their spouses – in the event they are personally sued for wrongful acts or mismanagement of the organization.

With cyber attacks increasingly targeting businesses of all sizes, a growing number of small businesses are protecting themselves with cyber liability insurance designed to help them deal with the aftermath of a data breach. By providing financial support and services to help small businesses deal with aspects such as customer notification, data restoration, business interruption and other effects, cyber liability insurance can play an important role in helping a company survive a data breach or online attack.

With the number and sophistication of ransomware and other attacks on company networks and data increasing dramatically, choosing a backup service to protect your small business data is more important than ever.
For most companies, customer and financial data is critical to the daily operations, profitability and, ultimately, sustainability of their business. If data is lost or locked, or a company can’t operate its computing devices for any period of time, the business is likely to suffer financial and reputational damage.

Car insurance is a product that few people think about beyond the context of paying their annual premiums. As a result, many people neglect to adjust their policies as their circumstances change. That neglect can lead to costly problems if they cause an accident. Several life events warrant taking a close look at your auto insurance policy. Each one may cause a shift in your financial status. Failing to update your coverage amounts and the types of insurance included on your policy can expose you and your family to considerable financial risk. Read on to learn how four major life events can change your car insurance needs.

If you plan to travel this summer, you might rent a car. Many rental car companies advertise attractive rates, but when it comes time to pay for the rental, you are confronted with options that can increase the rate significantly. One of the more costly options is the collision damage waiver.

Small business owners rely on the Internet for everything from ordering stock to keeping in touch with customers. Unfortunately this brings exposure to the increasing threat of cyber crime. In addition to stealing money by fraud and deception, cyber criminals may set out to damage your reputation or put you out of business completely.

More and more people own household devices that connect to the internet. Simple ideas such as being able to control your heating and lights remotely or being able to open the front door even if you forgot your key can make life easier day today. But what are the risks? You protect your computer from viruses or malicious attacks by having antivirus software and keeping the operating system up to date.

Car accidents can be terrifying. In a moment, you’ve gone from a smooth ride to battered on the side of the road. With everything that happens in those few seconds, it can be hard to remember what to do next. However, it’s crucial that you take a few important steps, as failure to do so can result in having to pay for expensive repairs out of pocket, or worse, legal liability. Read on to find out the three steps you need to take immediately after a collision.

As a grandparent, you might be thinking about the future for your grandchildren. You know that you won’t be here forever to help take care of them, so you might be thinking about getting them a life insurance policy now while you have the time and money to do so. In fact, the gift of life insurance is often appreciated once a child grows into adulthood and realizes the sacrifice you have made to ensure their future.

You should have a clear idea of why you want to conduct an insurance review. What are your goals and expectations? If you have no concerns or are not aware of any problems, it is possible that you have just been lucky. It may be that you don’t know what you don’t know.

It’s no surprise that studies show young adults are not into insurance. There are too many other financial challenges to worry about, such as paying off crushing student loan debt and saving for future goals. Actually, other studies show that younger adults would rather spend their money on such things as travel premium TV streaming services than use it to buy life insurance.

Buying a new home is exciting — and overwhelming. A lot goes into buying and moving into a new home. One item you will need to take care of is purchasing homeowners insurance. If this is your first time buying homeowners insurance, you may notice that it is more complicated than your typical auto insurance policy. Here are five things you should know before buying a homeowners policy.

In the United States, about 13 percent of all drivers are uninsured. What recourse do you have in the event of an accident with an uninsured driver? What happens if one causes a serious accident with injuries? BMT Insurance Advisors discusses what’s at risk and why purchasing uninsured and underinsured motorist coverage is an important step toward ensuring that you and your family are protected in the event of an auto accident involving an inadequately insured driver.

Are you embarking on a construction project? You might consider getting a builders risk policy, a type of property insurance designed specifically for construction projects. It indemnifies against damage to buildings while they are under development, renovation, or construction. Since construction projects vary and no project is ever the same, there are several coverages, terms, and conditions to consider when structuring builders risk policies.

We all have treasured personal belongings. Some may be extremely valuable, others may only have sentimental value. The most recent newsletter of Powers Craft Parker & Beard, Inc., an insurance brokerage division of Bryn Mawr Trust, discusses why a valuable items insurance policy is a good investment to protect what you treasure most.

In today’s litigious society, it is important to protect your assets by carrying adequate levels of personal liability insurance. Accidents can – and do – stem from everyday activities and lead to devastating lawsuits. The most recent newsletter of Powers Craft Parker & Beard, Inc., an insurance brokerage division of Bryn Mawr Trust, discusses how

One of the most under-reviewed exposures of a business operation is business interruption coverage. Organizations must consider how a slowdown or suspension of business operations may affect their ability to generate income. The most recent newsletter of Powers Craft Parker & Beard, Inc., an insurance brokerage division of Bryn Mawr Trust, reviews a few of

Floods are the primary source of natural disasters in the United States. And, most homeowners policies do not cover damage caused by floods. The most recent newsletter of Powers Craft Parker & Beard, Inc., an insurance brokerage division of Bryn Mawr Trust, reviews flood risks, what flood insurance is available, and how to obtain a

Is your financial credit rating negatively – or positively – affecting the premiums you pay for personal insurance? The most recent newsletter of Powers Craft Parker & Beard, Inc., an insurance brokerage division of Bryn Mawr Trust, discusses how insurance companies use financial credit data and other factors to determine the premium rates charged for

There is yet another exposure facing businesses – social engineering fraud. The most recent insurance newsletter of Powers Craft Parker & Beard, Inc., a division of Bryn Mawr Trust, addresses why businesses may want to review their commercial crime and cyber liability exposures to determine whether they need to protect themselves with additional insurance coverage.