Steven Turtz, the new president of SunTrust Insurance Services Inc., said he was hired to "significantly" expand the SunTrust Banks Inc. unit by increasing distribution within the bank.
"This is a business that is ready to explode," Turtz said in an interview last week. "We have critical mass and we have proven that insurance products can be delivered through SunTrust. Now, we just have to take it to the next level."
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