BBS Bank is pleased to inform its current and potential customers as well as stakeholders that it has launched an insurance agency called BBS Bank Insurance Agency Limited; whose purpose is to provide insurance agency services and bespoke insurance products to customers. The insurance agency is part of the long-term strategic intent of BBS Bank to diversify its portfolio and offering.The Agency was officially licenced by the Non-Bank Financial Regulatory Authority (NBFIRA) on Wednesday 08 June 2022. BBS Bank Acting Managing Director Susan Ntsima indicated that “BBS Bank Insurance Agency Limited comes at an opportune time when BBS Bank is developing multiple pathways to diversify its income streams. Management is pleased that the Insurance agency will offer a convenient one-stop service for our customers.” BBS Bank Insurance Agency Limited is underwritten by Hollard Insurance Botswana.This partnership will ensure that customers are provided with the most optimal covers taking into account their financial needs. For his part, the Principal Officer of BBS Bank Insurance Agency Limited Mr Odirile Metsi stated that “while the Agency will initially offer insurance cover for mortgage customers, its bancassurance will extend to other products and services when the parent company BBS Bank becomes a commercial bank.” For convenience, BBS Bank Insurance Agency services are available at the BBS Bank Head Office and will be rolled out to other BBS Bank Branches soon. BBS Bank has Branches in Gaborone, Francistown, Lobatse, Palapye, Serowe, Selibe Phikwe, Maun and Kasane. Customers current and potential, may also contact BBS Bank Insurance Agency Limited through the Contact Centre at 3631551/96. Thank you
Saving and investing your money is vital to the growth of your financial prosperity. We understand that you work hard for your money, and that you want your money to begin working hard for you.
