FNB broke into the insurance scene almost seven years ago, selling funeral plans. Now it is making a foray into health insurance and retirement investing.
has officially launched a comprehensive short-term insurance business. Already boasting 250 000 customers and half a billion in annualised premiums, the bank has big plans for this venture which it has been running under everyone's noses for three years.
But the bank's launch of the car and home insurance is bigger than just taking on the likes of OUTsurance and InsureTech players. FNB looks determined to raise its shoulders above the rest.Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism. You can cancel any time.
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