Karnataka Bank Launches KBL Finsurance Digital Platform

Karnataka Bank has launched "KBL Finsurance", a comprehensive digital insurance platform aimed at streamlining the creation, tracking, and monitoring of insurance business leads across its branch network. This initiative is a significant step in the bank's digital transformation journey. The platform is powered by SprintMoney, a fintech company, and integrates with insurance partners. KBL Finsurance empowers branch personnel with real-time capabilities for lead generation, policy tracking, and accessing business MIS reports. The bank's MD & CEO, Sri Raghavendra S Bhat, stated that the platform will enhance customer experience and streamline bancassurance operations. SprintMoney's Founder & CEO, Mr. Amit Kumar, highlighted the platform's role in simplifying insurance solutions through automation and intelligent workflows. The General Manager of Branch Banking & IT, Sri Raghuram H S, emphasized the platform's benefits in enhancing productivity and driving growth in the bancassurance business.