INOVA Federal Credit Union Hires Insuritas to Launch Turnkey Insurance Agency
Insuritas, the nation’s leading provider of outsourced insurance agencies, today announced that has been selected to provide Elkhart, Indiana-based INOVA Federal Credit Union (INOVA) with its turnkey insurance agency solution for the benefit of its 28,000 members.
According to Dallas Bergl, President and CEO of INOVA, “We were strategically committed to providing our members with direct access to an INOVA-branded insurance agency where we were also able to own the agency outright—including the book of business. The Insuritas solution enables us to accomplish both of these objectives. Frankly, as we came to recognize the long-term financial implications for our business as insurance companies (like State Farm) aggressively market to our members, partnering with Insuritas to offer a complete suite of insurance solutions was the only viable way to counter this emerging and real threat. With the manifold of challenges financial intermediaries are faced with these days, it’s nice that at least this one has a simple solution. Needless to say, we are very excited to move forward with our partnership with Insuritas whose reputation in this space is beyond reproach.”
Read more about this Press Release HERE.