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Telenor Microfinance Bank Expands Insurance Offerings Through Strategic Partnerships with IGI Life and IGI General

  • May 16, 2024
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Telenor Microfinance Bank (TMB), Pakistan’s leading digital financial services platform, announced significant developments in its insurance product portfolio through strategic partnerships with IGI Life Insurance Limited and IGI General Insurance Ltd.

This move aligns with TMB’s mission to continuously evolve and exceed customer expectations. The signing ceremony,attended by senior management from all parties, solidified the collaborations.

The partnership with IGI Life unlocks exciting benefits for easypaisa users. They can now access the Vitality Rewards program, a unique weekly reward system based on both customer activity and health status tracked through the Vitality app. This program incentivizes healthy habits and provides valuable rewards.

Seamless Car and Travel Insurance via Miniapps

The collaboration with IGI General expands easypaisa users’ access to essential insurance products. Customers can now conveniently avail car and travel insurance directly through the easypaisa Miniapps platform. This integration offers a fully digital journey, simplifying the insurance purchase process.

“These strategic alliances underscore our vision to become Pakistan’s leading digital bank,” said Kashif Ahmed, FCA,Acting President & CEO, TMB/easypaisa. “As we transition towards a digital retail bank, pending regulatory approvals,we are committed to serving the diverse digital financial needs of millions of Pakistanis.”

Telenor Microfinance Bank’s partnerships with IGI Life and IGI General showcase their dedication to providing innovative and accessible insurance solutions. This move strengthens their position as a frontrunner in Pakistan’s digital financial landscape, offering a comprehensive ecosystem empowering customers with convenient and feature-rich financial services.

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