POSB-Zimnat Partnership Boosts Bancassurance Uptake
A strategic partnership between the People's Own Savings Bank (POSB) and Zimnat General Insurance is driving strong growth in bancassurance.
The collaboration, launched in May 2025, enables POSB to offer a suite of insurance products underwritten by Zimnat, creating a one-stop financial services platform.
POSB chief executive officer Garainashe Changunda said the partnership had recorded notable progress since its inception.
This partnership widens access to insurance products for the bank's customers, enhancing convenience and accessibility.
Author's summary: Bancassurance growth driven by POSB-Zimnat partnership.