Town North Bank, headquartered in Dallas, hired Banc Insurance Service Inc. (BIS), a provider of turnkey insurance agency solutions for financial institutions, to provide the bank with insurance agency services.
The companies announced that the newly formed agency, Town North Insurance Services will be operated out of the BIS agency management operations center in Springfield, Mass.
The Banc Insurance Services’ end-to-end insurance agency solution allows a financial institution to own and operate an insurance agency that features a full range of personal and commercial lines insurance coverages from a wide array of nationally recognized insurance carriers without incurring the risks of buying and managing a local insurance agency.
Was this article valuable?
Here are more articles you may enjoy.
How a Perfect Storm Sent Church Insurance Rates Skyrocketing 
Beef Between Wholesale and Retail Agents Should Go to Trial, Court Finds 
Personal Auto Driving P/C Insurers to 2024 Underwriting Profit 
Hard Market Conditions Expected to Ease in 2025 as Claims Inflation Softens: Swiss Re 
