Leading UAE digital bank Mbank and Policybazaar.ae announced a partnership to offer insurance access for individuals and SMEs.
The agreement envisages Mbank customers to seamlessly explore, compare, and purchase car, health, travel, and life insurance products directly from the Mbank mobile application.
The partnership is expected to usher in a new era of digital convenience for insurance in the UAE by leveraging Policybazaar.ae’s robust online platform seamlessly integrated into Mbank’s digital ecosystem.
Policybazaar.ae’s extensive marketplace aggregates the best insurance deals from leading providers, which ensures Mbank customers receive optimal coverage at the most competitive rates, maximizing their savings potential.
The platform empowers customers with clear comparisons, detailed features, and transparent policy information, making way for informed insurance decisions tailored to customers’ personal needs and budgets, the company said in a media release.
Mohammed Wassim Khayata, CEO of Mbank, said integrating Policybazaar.ae’s insurance platform aligns perfectly with the bank’s vision.
“This is the first of many integrations planned for the Mbank UAE app, and we are confident this partnership will deliver exceptional value to our customers,” he said.
Neeraj Gupta, CEO of Policybazaar.ae, said the collaboration will provide Mbank customers unparalleled access to a comprehensive range of insurance solutions within their trusted banking environment.
“We are confident that together, we will revolutionise the way UAE residents secure their financial future through seamless car and health insurance options,” he said.
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