Gateway Services Group, a credit union-owned provider of insurance, investment and trust management services, has sold its block of direct mail business to Allied Solutions, a distributor of financial products and services.
The block is composed primarily of accidental death and dismemberment insurance administered by Affinion Group and produced at 40 credit unions. Allied Solutions will service the accounts and support new credit union direct mail business through a marketing arrangement with Gateway Services Group.
Scott Jentz, president and founder of Gateway Services Group, said: We feel this partnership will allow Gateway Services Group to continue to support our credit union clients going forward.