Insurance companies' Web sites lag their mutual fund counterparts in serving financial professionals despite insurers' dependence on intermediaries for sales, Dalbar Inc. says.

"Insurance companies were asleep at the wheel" when others were developing Web sites, said Louis S. Harvey, president of the Boston-based financial services rating and research firm. It released its latest quarterly ranking of professional and consumer sites Tuesday.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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