TBC Uzbekistan Launches TBC Insurance, Expanding Its Digital Banking Ecosystem

TBC Uzbekistan has officially launched TBC Insurance, introducing a fully digital service integrated into its banking app, which signifies the company's strategic move into the insurance sector. This development is a pivotal step in broadening TBC Uzbekistan's digital banking ecosystem in Central Asia, initially offering credit life insurance with plans to expand into a wider array of personal insurance products. Since its soft launch in April 2025, after securing a life insurance license, TBC Insurance has issued over 140,000 policies, demonstrating robust consumer interest and the potential for digital insurance solutions in the region.

Under the leadership of Ekaterina Lotuashvili, an executive with deep insurance sector expertise, TBC Insurance is set to grow, reinforcing TBC Uzbekistan's status as a frontrunner in digital financial services in Central Asia. Nika Kurdiani, CEO of TBC Uzbekistan, highlighted the significance of insurance as an extension of the ecosystem, aimed at bolstering customer security and financial management. This initiative is part of a larger strategy by TBC Uzbekistan to roll out innovative offerings, including the Salom debit card and Osmon credit card, to foster greater customer engagement and trust.

As a component of the London-listed TBC Bank Group, TBC Uzbekistan is utilizing its technological capabilities and first-mover advantage in Uzbekistan's nascent retail banking market. With a user base that surpasses 50% of the country's population and notable annual growth, TBC Uzbekistan is well-positioned for further advancements in the digital financial services arena.