MUMBAI, NATIONAL, 02 AUGUST, 2026 | GPN: Karnataka Bank has launched KBL Finsurance, a comprehensive digital insurance platform aimed at transforming its bancassurance operations by enabling seamless lead generation, policy tracking and real-time monitoring across its nationwide branch network. The initiative marks another milestone in the bank’s ongoing digital transformation journey and is expected to significantly enhance customer experience and operational efficiency.

The newly launched platform has been developed in collaboration with SprintMoney (Wildflower Business Services Pvt. Ltd.), a fintech company that provides digital banking and insurance technology solutions to financial institutions. Through this partnership, Karnataka Bank has integrated its operations with multiple life and general insurance companies, allowing branches to offer insurance services through a unified digital interface.

The KBL Finsurance Portal enables branch personnel to generate and monitor insurance leads in real time, track policy status, and access business management information system (MIS) reports. The platform has been designed to automate workflows, improve transparency, and simplify the entire insurance distribution process.

Speaking at the launch, Raghavendra S. Bhat, Managing Director and Chief Executive Officer of Karnataka Bank, said the platform reflects the bank’s commitment to innovation and customer-centric banking. “The launch of the KBL Finsurance Portal marks another significant step in Karnataka Bank’s digital transformation journey. By leveraging technology, we are streamlining our bancassurance operations, empowering our branches with real-time capabilities, and enhancing service efficiency. This initiative will strengthen our insurance business, deepen customer engagement, and reinforce our vision of providing comprehensive financial solutions under one roof,” he said.

Amit Kumar, Founder and Chief Executive Officer of SprintMoney, said the company was pleased to partner with Karnataka Bank in simplifying insurance services through intelligent automation and integrated digital solutions. He expressed confidence that the platform would become a key growth driver for the bank’s insurance business while improving governance, operational efficiency and customer satisfaction.

Highlighting the operational benefits, Raghuram H. S., General Manager – Branch Banking & IT, Karnataka Bank, said the platform simplifies the entire insurance business lifecycle—from lead generation to policy tracking—through automation and real-time insights. He noted that it would improve branch productivity, strengthen monitoring capabilities and enable seamless delivery of insurance services to customers.

Senior management of Karnataka Bank, along with representatives from its life and general insurance partners, attended the launch event, underscoring the bank’s focus on expanding digital financial services and strengthening its bancassurance business.