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Mbank and Policybazaar.ae Combine Efforts to Streamline UAE Insurance Landscape

Users of the UAE-based digital bank, Mbank, will now be able to explore, compare, and purchase car, health, travel, and life insurance products directly from its mobile application following a new partnership with Policybazaar.ae, the online insurance aggregator.

The partnership will see Mbank leverage Policybazaar.ae‘s online platform to offer its customers greater digital convenience. This will be achieved through competitive rates, easy navigation, and informed decisions. Customers are now also able to browse and compare a wide range of insurance options by scrolling through the Mbank mobile application.

Policybazaar.ae’s marketplace aggregates the best insurance deals from leading providers. In turn, this ensures Mbank customers receive optimal coverage at the most competitive rates, maximising their savings potential.

The user-friendly platform empowers customers with clear comparisons, detailed features, and transparent policy information. As a result, this makes for more informed insurance decisions tailored to customers’ personal needs and budgets.

In short, Mbank customers can now enjoy peace of mind knowing that their insurance needs can be easily met through the trusted Mbank mobile application. The need to navigate unfamiliar platforms is eliminated as the entire insurance process is streamlined.

The digital bank’s consumers will no longer need to navigate unfamiliar platforms for their insurance needs. Rather, they can rest easy knowing they are dealing with an already trusted system.

Mohammed Wassim Khayata, CEO of Mbank
Mohammed Wassim Khayata, CEO of Mbank

Emphasising on Mbank’s commitment to customer-centric innovation, Mohammed Wassim Khayata, CEO of Mbank, said: “At Mbank, 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. Additionally, this is the first of many integrations planned for the Mbank UAE app. We are confident this partnership will deliver exceptional value to our customers.”

Transforming the UAE’s insurance landscape
Neeraj Gupta, CEO of Policybazaar.ae
Neeraj Gupta, CEO of Policybazaar.ae

This partnership marks a step forward in the digital transformation of the UAE’s insurance landscape. It also paves the way for a future where individuals and SMEs can access and manage their insurance needs entirely within a secure and convenient digital environment.

Neeraj Gupta, CEO of Policybazaar.ae, expressed his enthusiasm for the collaboration and 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. Furthermore, together, we will revolutionise the way UAE residents secure their financial future through seamless car and health insurance options.”

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