Banks are poised to go from zeros to heroes in the property/casualty insurance business by grabbing a chunk of a market they're barely in now, bankers and insurers say.

Policies sold by banks now account for less than 1% of the $300 billion in property/casualty premiums generated each year. But at a recent industry forum, bankers and insurance executives said that share could skyrocket.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.