BRE Ubezpieczenia Towarzystwo Ubezpieczeń i Reasekuracji to change the owner and mBank Group to gain a strategic partner in insurance.
– Our co-operation with AXA will translate into even wider product range and the best quality of service for customers of mBank Group. Clients will gain access to the state-of-the-art insurance products, offered via electronic and mobile platforms as well as traditional outlets. New mBank and its mobile version were created in order to provide our clients with a full range of financial products and services in a most convenient way possible – our strategic agreement with AXA is a natural step to fully leverage on the potential of internet and mobile platforms – Stypułkowski added.
mBank started its insurance business 8 years ago when it established BRE TUiR. Currently, the banks services almost 3.8 million customers.The AXA Group is a worldwide leader in insurance and asset management, with 157,000 employees serving 102 million clients in 56 countries. In 2013, its revenues amounted to EUR 91.2 billion. AXA Group has been operating in Poland since 2006.UBS Investment Bank acted as sole financial advisor to mBank S.A.