LifeQuotes.com Announces New York Bankers Association Endorsement
DARIEN, Illinois (May 6, 2014) – LifeQuotes.com, the instant life insurance price comparison service that gives quotes for 35 highly-rated life insurers and allows customers to buy from any company shown, announced today that it has received an endorsement from the New York Bankers Association's Circuit Agency, Inc. (NYBA) as the recommended life insurance fulfillment platform for all NYBA-member financial institutions. The New York Bankers Association represents community, regional and money center commercial banks and thrift institutions in New York State with 200,000 employees and more than $10 trillion in aggregate assets.
"We're very excited to have been chosen by NYBA to provide turnkey life insurance solutions to their member banks and their customers," remarked LIfeQuotes.com founder and CEO, Robert Bland. "Now, customers of NYBA-member institutions receive a branded, life insurance offering that gives instant quotes from $5,000 to $25 million. Bank customers will be able to view quotes online, in total privacy. They can compare competitive rates, save money, buy from any company shown and request personal advice whenever they want."
LifeQuotes.com and NYBA worked together in conjunction with Connecting to Leaders, a financial institution and insurance consulting firm.
Michael P. Smith, president and CEO of New York Bankers Association, remarked, "The target market here is the underserved middle market. Credible research shows that about half of today's middle market consumers would consider buying a life insurance policy from their bank. The turnkey solution from LifeQuotes.com is a win-win in that it enables our member institutions that have life insurance agencies to quickly and easily elevate a continually-competitive life insurance offering without having to incur normal agency expenses or time lags."
About New York Bankers Association
Since 1894, the New York Bankers Association's primary mission has been to be the State's preeminent provider of legislative and regulatory services to a unified banking industry. Over the years, the Association's mission has grown to include educational programs, public relations, political action and member services geared to enhance the profitability and stature of New York's banking industry. Association of New York State, strengthening further the unified voice of New York's banking industry.
For more information about the New York Bankers Association go to www.nyba.com, or contact Gus Kananis by phone, (518) 434-3556, or by email, email@example.com.
About Life Quotes, Inc.
Privately-held LifeQuotes.com operates an Internet-based life insurance exchange at www.lifequotes.com. The company also provides private
label and co-branded life insurance fulfillment services to financial institutions, affinity groups,
banks, credit unions, property & casualty agencies, trade associations and other organizations with
large customer bases. More than 300,000 people have purchased policies through LifeQuotes.com since
the firm's founding in 1984. Visit lifequotes.com for more information or to experience the life
insurance quoting experience online.
FOR RELEASE at 6 AM Eastern Time, Monday,
May 06, 2014
CONTACT: Rob Goss, Executive Vice President
515-0170, ext. 460