Home Industry News Aviva and Bank Zachodni WBK agree expansion of their bancassurance partnership

Aviva and Bank Zachodni WBK agree expansion of their bancassurance partnership

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Aviva will sell life and general insurance products through an expanded network of 900 branches
The existing agreement will be extended by further ten years until December 2033

Aviva and Bank Zachodni WBK have today agreed an expansion of their strategic partnership in Poland. Under the agreement, Aviva will increase its distribution network from 500 to 900 branches across Poland, with access to 4 million bank customers.

Additionally, Aviva and BZ WBK will extend their strategic partnership by further ten years, until 31 December 2033. This is in line with Aviva’s strategy of growing in attractive markets such as Poland.

Bank Zachodni WBK, part of the Santander Group, is the third-largest bank in Poland in terms of assets, credit book and deposits.

Aviva is Poland’s fourth-largest life insurer, with a strong retail business and distribution agreements in place with Bank Zachodni WBK, BGZ, Alior and Pocztowy.

The extension of this agreement is subject in particular to regulatory approvals.

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