White Papers for Gramm Leach Bliley Act (GLBA)

Private Label Insurance Defining the Real Opportunity of the GBLA

Sengen

This paper details the GLBA's activity in insurance and the opportunities that lie beneath. Despite the probable lack of enthusiasm by banks to build their own insurance practices, the GLBA still has provided an excellent opportunity for banks and insurers to cross sell their services through partnerships and private label programs. And, private labeling insurance products make sense because it allows each partner to maintain focus on their core competencies while increasing their value as a provider of financial services.

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