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Newtek Gets into Insurance

NEW YORK - Newtek Business Services, Inc., a provider of business services and financial products to the small to medium-sized business market, has recently acquired Vistar Insurance Services, doing business as Financial Keyosk. Financial Keyosk is an alternative insurance distributor, which through its turnkey Web-based application solutions for all lines...

By Staff Writer | Updated on August 10, 2004

NEW YORK – Newtek Business Services, Inc., a provider of business services and financial products to the small to medium-sized business market, has recently acquired Vistar Insurance Services, doing business as Financial Keyosk. Financial Keyosk is an alternative insurance distributor, which through its turnkey Web-based application solutions for all lines of insurance products helps financial institutions and agents establish or expand insurance operations. The new organization will focus on serving banks and credit unions in addition to offering insurance products to new clients of other Newtek divisions, including its small business lending and merchant processing business lines. Later this year, the Financial Keyosk brand will become Newtek Insurance Agency, a core offering of Newtek Business Services, Inc. Newtek Business Services, Inc. counts CUNA among its partnerships.

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