MetLife Inc. wants to strengthen its local distribution channel.
A few years ago, financial services companies talked about reducing dependence on “brick and mortar” offices. MetLife, New York (New York), says it now wants to enhance its “face-to-face affiliated distribution channel.”
The company is “investing in its local infrastructure, management and financial professionals in key markets” in the United States, and it will be deploying “optimal business models based on best practices,” the company says.
More changes will be announced in 2010 and in 2011, the company says.