Opportunities for Growing Today’s Bank-Insurance Business
Three insurance products where banks are finding success with customers—and the bottom line.
Browsing: Bank insurance sales
Podcast: A Small-Town Bank That Serves Small-Town Banks
Kristie Holoch’s bank is not just in the business of serving farmers, families and small businesses in the 33 Nebraska towns where it has branches — it also serves its fellow Nebraska community banks.
ABA Seeks Safe Harbor for Banks in Insurance Model Law
The American Bankers Association last week urged the National Association of Insurance Commissioners to provide a safe harbor for banks and their affiliates in the insurance distribution business in its “suitability in annuity transactions” model law.
American Financial Group to Purchase ABAIS
The American Bankers Association announced yesterday that American Bankers Mutual Insurance Limited—the reinsurer for ABA’s endorsed insurance program—has reached an agreement to sell ABA Insurance Services to American Financial Group.
Podcast: How Insurance and Wealth Management Round Out a Community Bank Model
Clay Ewing is president and chief banking officer of a community bank with a name that reflects its heritage — but German American Bank is well ahead in developing a well-rounded community bank model that thrives.
Two Myths About the Bank Insurance Marketplace
Digging beyond the headline numbers shows that the bank insurance market is robust and growing.
NYDFS Final Rule Establishes ‘Best Interest’ Standard for Insurance Sellers
The New York Department of Financial Services today issued a final rule adopting a “best interest” standard for insurers licensed to sell life insurance and annuity products.
ABA Shares Insurance-Related Concerns on Fiduciary Rule
ABA’s Bank Insurance Council wrote to the Department of Labor on Monday seeking clarifications and changes to its fiduciary rule affecting banks that sell insurance.
ABIA to Merge with ABA, Convert to Council Structure
The American Bankers Insurance Association — an ABA affiliate — has voted to fully integrate with ABA, converting the ABIA board and membership into an ABA council and committees.
Building a Premium Business
The not-so-complicated foundation of a healthy bank life insurance sales program.