Leader Bank in Massachusetts Launches Insurance Agency

Leader Bank in Massachusetts reports it has launched a subsidiary, Leader Insurance, to provide property, auto, and umbrella insurance to its loan clients on its digital platform.

According to Jay Tuli, president, Leader is offering insurance to clients in Massachusetts and New Hampshire and has plans to expand operations throughout most of New England in 2023.

Founded in 2002, Leader Bank is headquartered in Arlington. In addition to its online services, it has six bank locations in the Boston area. It reports it as $4 billion in assets and more than 400 employees.