UnionBanc Insurance Services Inc. recently announced the consolidation1 of its insurance operation under the UnionBanc Insurance Services umbrella. The new agency will be co-branded with the three original agencies of Armstong/Robitaille Business and Insurance Services, John Burnham Insurance, and Tanner Insurance Brokers2.
The insurance operation currently has nine offices located in San Diego, Irvine, Fullerton, Glendale, Pleasanton, San Rafael, Stockton, Sacramentoall in Californiaand in Portland, Oregon. Annual revenue exceeds $80 million and the company employs 415 insurance professionals. The agency has focused on selling commercial property and casualty insurance but recently announced that it plans to expand its personal insurance offerings. The bank also intends to begin distributing life insurance in-house soon .
Union Bank of California is a subsidiary of UnionBanCal Corporation. UnionBanCal was cited as a 'Top 10' institution in the 2005 Edition of Who's Who in Bank Insurance