Sovereign Bank launches Web-based insurance service

Sovereign Bank has teamed up with DirectNet Insurance Agency to provide customers with an expanded personal insurance e-marketplace.

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Sovereign Bank launches Web-based insurance service

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Using the free Internet-based service, customers can access and compare a range of personal insurance products that include homeowners insurance, condo insurance, home warranty, auto insurance and term life insurance. Customers can receive online insurance quotes and consult with licensed insurance professionals via phone or e-mail.

The site also includes supportive educational content to help consumers make informed decisions before purchasing insurance.

Scott Abercrombie, executive vice president, national consumer finance & alternate delivery division, says: "We selected DirectNet because of its ability to provide a broad array of insurance options along with superior customer service."

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