Nationwide Financial Services Inc. has changed the name of its corporate life insurance unit to Nationwide Business Solutions Group, from Corporate Insurance Markets.

Nationwide Financial, a unit of Nationwide Mutual Insurance Company, Columbus Ohio, says the unit’s new name reflects a change in the unit’s offerings.

The unit now provides solutions for small and midsize businesses as well as large corporations, Nationwide Financial says.

New products aimed at businesses coming out this year will include universal life and variable universal life products, the company says.

- Warren S. Hersch

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