alinma Bank has announced a strategic partnership with Tawuniya Insurance, aimed at providing insurance services through alinma’s digital channels and branch network.
Phase one of the partnership introduces Travel and Medical insurance via the alinma app and branches, offering instant quotes, immediate policy issuance, bilingual e-policies, and the option to fund policies via account or card. Future phases plan to expand coverage to include device protection, card-linked purchase protection, and tailored insurance solutions for SMEs. API-based integrations will ensure a smooth and efficient claims process for customers.
This partnership underscores alinma Bank’s commitment to delivering customer-focused services by embedding comprehensive insurance solutions within the alinma customer journey. It also represents a significant step toward providing innovative insurance services in Saudi Arabia, combining financial services and protection seamlessly to meet the evolving needs of retail and SME customers.