News Release Details
Financial Press Release
The PNC Financial Services Group And M Financial Group Announce New Strategic Relationship
Through this strategic relationship, M Financial will offer differentiated insurance products and support to PNC's clients through a team that is dedicated to PNC. As M Financial's only firm-wide relationship, PNC will leverage this distribution network by working exclusively with a group of M Member Firms that solely focus on insurance.
"Collaborating with M Financial makes a great deal of sense for PNC, as access to their network of independent insurance and executive benefit firms will allow us to deepen our client relationships and meet their needs in new and different ways," said
"This relationship will allow us to provide our prospects and clients across the country with proprietary, cutting-edge offerings through M Member Firms with relationship experience," said
In support of this agreement, PNC will implement a new service model in which insurance strategists will serve as the main point of contact for conversations with individuals, executives, entrepreneurs, and organizations on all aspects of their insurance plans and policies.
Similarly, M Financial will create a dedicated team who will assist Member Firms and PNC insurance strategists in placing business, leveraging M Financial's automated processes for traditional cases and local Member Firm experience for more complicated transactions.
"M is uniquely positioned to meet the life insurance needs of PNC's clients. Our comprehensive model expands PNC's capabilities and gives their clients access to life insurance solutions they can't find elsewhere," said
PNC and M Financial plan to formally launch their working relationship
With more than 145 Member Firms in 36 states and the
PNC does not provide legal, tax, or accounting advice unless, with respect to tax advice,
Investments: Not FDIC Insured. No Bank Guarantee. May Lose Value.
Insurance: Not FDIC Insured.
M FINANCIAL GROUP
View original content to download multimedia:http://www.prnewswire.com/news-releases/the-pnc-financial-services-group-and-m-financial-group-announce-new-strategic-relationship-300924335.html