Berkshire Bank in Pittsfield, Mass. has taken a different approach to getting into the insurance business.
Instead of buying an insurance agency, the Berkshire Hills Bancorp subsidiary has built its own with some help from Banc Insurance Services Inc. Berkshire Banks new Gold Leaf Insurance Agency opened its doors Sept. 18. It offers a full range of insurance products, including auto, homeowner, life, business, and long-term-care coverage. The agency is a wholly owned subsidiary of the $968 million-asset bank.