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Non-Tech : Insurance cos (proposed buy outs, etc. discussion)

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To: Carey Thompson who wrote (9)3/10/1999 12:52:00 AM
From: QuietWon  Read Replies (1) of 55
 
Carey: banks may go after the insurers with savings products first since they're somewhat more familar with that type of biz. Other things they might do (don;t know if permitted) is go for car insurers and home insurance - that type of thing has been done in Europe and selling car insurance directly from the company to us is doing well over there - also CIBC up in Canada had a program where they were targeting the safest of drivers and it probably made them money.

Sunamerica - more of a savings insurance co was bot out in '98 - another one I missed
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