Nationwide and BankZIP.com Announce Strategic

BankZIP.com, an Internet banking alliance, today announced a strategic relationship with Nationwide Insurance, the country’s fourth largest auto and homeowners insurer, to provide insurance services to the customers of BankZIP.com alliance partners.

Under the terms of the agreement, Nationwide will offer its comprehensive array of auto and property insurance products to BankZIP.com alliance partner customers via the Internet. Users of BankZIP.com alliance partners’ Web sites will be able to choose an insurance product and request a quote.

The request will then be e-mailed directly to local Nationwide agents, who will contact the customer directly. The services will be available next month. “Nationwide recognizes that a rapidly growing number of consumers are pursuing financial services products online, including insurance,” said John Albert, associate vice president – agency development for Nationwide.

“The ability to offer our products to a large audience of community banking customers through BankZIP.com is cutting edge. Our strategy of matching the customer directly with a local agent and BankZIP.com’s dedication to providing community banks and their customers with online banking capabilities is a perfect fit.”