I&M Bank eyes piece of insurance business

I&M Bank expects partnership to help create innovative products that directly meet growing needs of customers.

I&M Bank has tapped into the insurance business with the launch of Bancassurance in partnership with Jubilee Insurance and Gateway Assurance companies.

Customers of the mid-tier lender will now have access to a wide range of insurance solutions through its retail network across the country. I&M Bank Chief Executive Officer Arum Mathur said the strategic alliance builds on the strong presence, complementary strengths and established bancassurance capabilities of  the firms, both in Kenya and around the region.