Leader Bank in Massachusetts reports it has launched a subsidiary, Leader Insurance, to provide property, auto, and umbrella insurance to its loan clients on its digital platform.
According to Jay Tuli, president, Leader is offering insurance to clients in Massachusetts and New Hampshire and has plans to expand operations throughout most of New England in 2023.
Founded in 2002, Leader Bank is headquartered in Arlington. In addition to its online services, it has six bank locations in the Boston area. It reports it as $4 billion in assets and more than 400 employees.
Topics Leadership Massachusetts
Was this article valuable?
Here are more articles you may enjoy.
Archdiocese of NY Finalizes $800M Fund for Sex Abuse Survivors; Avoids Bankruptcy 
Home-Renovation Expense Keeps Rising as Companies Pass on Costs 
Manufacturers Hammer IBHS Over 15-Year Roof Age Limit for Fortified Designation 
Insurance AI’s Next Test: Can Carriers Trust the Data? 
