NU Online News Service, Dec. 18, 11:45 a.m. – Sovereign Bancorp Inc., Philadelphia, has added a personal insurance marketplace to its Web site.
Sovereign Insurance Services, a Sovereign division, set up the marketplace using a service from DirectNet Insurance Agency, Van Nuys, Calif., a subsidiary of Countrywide Credit Industries Inc., Simi Valley, Calif.
Customers can use the insurance marketplace to compare prices for term life insurance and other personal insurance products, Sovereign says.