Connect with us

Hi, what are you looking for?


Linkham Group completes Resolution Insurance Kenya buyout

NAIROBI, Kenya, Jul 15 A specialist global insurance services firm, Linkham Group, has confirmed the completion of a deal to acquire a majority stake in Resolution Insurance Kenya.

The acquisition undertaken at an undisclosed consideration will see the Linkham Group invest significant resources to revamp and fuel Resolution Insurance Kenya growth plans.

This will entail focusing on quality customer service delivery, adopting cutting-edge technologies, and risk management practices.

As part of the growth plans, Linkham Group has also confirmed the appointment of Peter Nduati as the new Resolution Insurance Kenya Chief Executive Officer with immediate effect.

Alongside his management leadership role at Resolution InsuranceKenya, Nduati will continue acting as the Resolution Group Chief Executive officer.

Resolution Group runs Resolution Insurance Kenya, Resolution Tanzania and Resolution Credit Ltd.

The appointment of Nduati, a seasoned entrepreneur, is expected to facilitate rapid recovery of the Resolution Insurance Kenya business thanks to his professional and business management experience, having previously served as the firm’s Founding Chief Executive Officer.

Speaking when he confirmed the corporate developments, Linkham Group Chief Executive Officer Michael Cranfield said the acquisition is part of the Mauritius headquartered firm’s Africa expansion plans.

“The Linkham Group confirms that we have completed the acquisition of Resolution Insurance Kenya. As part of the acquisition, we are committing to invest in the business and have consequently appointed Peter Nduati to spearhead management and business growth efforts with immediate effect,”  Cranfield said.

Advertisement. Scroll to continue reading.

Plans, Cranfield added, are at an advanced stage to optimize Resolution Insurance’s operating potential through the integration of robust information technology systems while focusing its business portfolio on growth lines.

With the integration of advanced Information Technology (IT) systems, Resolution Insurance will enjoy better operating efficiencies with a responsive and improved end-to￾end customer experience.

Headquartered in Mauritius, the Linkham Group provides global Insurance Solutions for the Travel, Financial Services and Card payments Industries.

The firm controls operating subsidiaries providing specialist services, including Linkham Risk, Linkham Consulting,

Linkham Technology, Linkham Claims, Linkham Brokers and Linkham Assistance.

Resolution Insurance was founded in 2002 by Peter Nduati as a medical insurance provider in Kenya, changing its name from Resolution Health to Resolution Insurance inb2013 as it expanded into East Africa.

The firm has grown to become a tier-two underwriter offering various products from medical plans, travel plans, liability plans, property covers, motor covers and all other classes of general insurance.

1 Comment

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...


NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...


NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...


NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...


NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...