Mbank & Policybazaar.ae team up to streamline insurance solutions

By Gloria Methri

Mbank, a digital bank in the UAE, and Policybazaar.ae have partnered to redefine insurance access for individuals and SMEs in the digital age. This service empowers Mbank customers to seamlessly explore, compare, and purchase car, health, travel, and life insurance products directly from its mobile application.

This partnership ushers in a new era of digital convenience for insurance in the UAE. Leveraging Policybazaar.ae’s online platform, integrated into Mbank’s digital ecosystem, this collaboration offers Mbank customers benefits such as navigation, competitive rates, informed decisions, and convenience.

Customers can now browse and compare a wide range of insurance options by simply scrolling through the Mbank mobile app. Moreover, Policybazaar.ae’s extensive marketplace aggregates the best insurance deals from leading providers, ensuring Mbank customers receive optimal coverage at the most competitive rates and maximize their savings potential.

The user-friendly platform empowers customers with clear comparisons, detailed features, and transparent policy information, enabling informed insurance decisions tailored to customers’ personal needs and budgets.

Emphasizing its commitment to customer-centric innovation, Mohammed Wassim Khayata, CEO of Mbank, said, “We constantly strive to simplify our customers’ lives and be their one-stop solution for all their financial needs. Integrating Policybazaar.ae’s leading insurance platform aligns perfectly with this vision. Their cutting-edge technology and market leadership made them the ideal partner. 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.”

Neeraj Gupta, CEO of Policybazaar.ae said, “We are thrilled to partner with Mbank, a progressive digital bank that shares our dedication to customer empowerment. This collaboration provides Mbank customers with unparalleled access to a comprehensive range of insurance solutions within their trusted banking environment. Policybazaar.ae is delighted to be Mbank’s partner in this journey, and we are confident that together, we will revolutionize the way UAE residents secure their financial future through seamless car and health insurance options.”