POSB ventures into insurance

POSB chief executive Garainashe Changunda

THE People’s Own Savings Bank (POSB) has ventured into insurance, partnering Zimnat General Insurance (Zimnat) to provide an extensive range of bancassurance services, as part of its revenue diversification strategy.Advertisements Bancassurance is a partnership between a bank and an insurance company, where the bank distributes insurance products to its customers. This collaboration allows POSB to…

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