Discover Financial Services, a business unit of Morgan Stanley Dean Witter & Co., and Nationwide Insurance Companies are forming an alliance to offer auto insurance products underwritten by Nationwide Insurance Companies to Discover cardmembers and other consumers.
Future plans include the development of Discover-branded auto insurance products. During the development of the products, Discover will market Nationwide products through Discover Insurance Agency and affiliated agencies.
Was this article valuable?
Here are more articles you may enjoy.
Business Interruption Claims Arising From the Middle East Conflict 
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
Nationwide: Consumers Say Insurance Should Evolve for Micromobility Vehicles 
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market 
