Insuritas, a provider of outsourced insurance agencies, said ithas reached an agreement with Norfolk Municipal Employees FederalCredit Union to open an insurance agency.
|The 2,500 member, $26 million cooperative in Norfolk, Va.,said it researched the various options for providing insurance products to its members including building a newagency complex from scratch, purchasing an existing agency, orpartnering with a third party.
|“It was clear that we needed to provide an insurancesolution to our member base in order to remain competitive as werealized that 100% of our members purchase insurance from someoneevery year,” said Duke Strosser, CEO of Norfolk Municipal EmployeesFCU.
|Jeff Chesky, president/CEO of Insuritas in East Windsor, Conn., said providing insuranceproducts to the credit union's members “is a natural extension oftheir core business and leverages the already powerful brand equitythey've created in the market.”
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 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.
