top 10 insurance brokers
Top 12 Bank Holding Companies in Insurance Brokerage Fee Income
October 21, 2009
Over the past few years many US banks have diversified into the insurance sector to increase and smoothen their earnings, offer related financial products to customers. During the credit crisis and the current recession insurance brokerage fee income is helping banks with strong and stable revenues while other types of revenues are decreasing. Due to this effect, venturing into an unrelated industry is helping banks. However banks are better of concentrating their main line of business which is banking. Out of the hundreds of Only a banks that tried, only a few of the banks have been successful by adding insurance to their product offerings. Nevertheless insurance brokerage fee income have become a significant part of the earnings of some large banks.
On October 20th, Michae... http://the-insurance.ucoz.com/news/top_10_insurance_brokers/2013-07-01-4233
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