Kenya Commercial Bank Group has diversified its services in a bid to grow its earnings from new business lines.
Through collaboration with a range of main insurance companies, KCB Insurance Agency (KCBIA), is positioning itself to offer insurance services with a focus on life insurance and pensions business.
According to the groups Chief Executive Joshua Oigara the target is to avail the insurance services to 98 of KCB’s 187 branches as it awaits a full roll-out countrywide.
KCB intends to reach out to many customers through the use of the new Bank Insurance Model designed to enable KCB customers buy policies using their accounts.
The agency will offer seven varieties of insurance products among them are; property, liability, motor, healthcare, agriculture, micro, and marine.
