NAIROBI, Kenya, Sept 17 - The Sh1.7 billion AAR insurance cover for Nairobi County employees has once again been put on the spot, with the Auditor General’s report revealing that the County paid more than Sh652.7 million in excess of the medical scheme’s
Insurance Insights
From Chemistry to Insurance; how one man built a multi-million company
NAIROBI, Kenya, Sept 10 - Ashok Shah greets me with a firm handshake before switching off his iPhone which he says rings persistently especially on weekday mornings. “I work with millennials. They always need something,” he says in good measure.
Insurance Firms must embrace technology to capture the Kenyan market – Opinion
NAIROBI, Kenya, Sep 3 - Even as mobile penetration continue to grow, the East Africa region is still sluggish in technology innovations especially in the insurance sector. The region is considered as Africa’s Silicon Savannah with a high mobile penetration,
Pension provider launches mobile-based saving plan in bid to boost uptake
By Juliet Omelo: NAIROBI, Kenya, Aug 28 – A local insurance brokerage and pension service provider – Octagon Pension Services Limited – has launched a new digital pension plan that gives workers in the informal sector a flexible platform to save
Little Ride, APA Insurance partner to cover drivers
NAIROBI, Kenya, Aug 8 - Little Ride Kenya has launched the first Health Insurance cover for its drivers in the Kenyan market in partnership with APA Insurance and MicroEnsure, a leading provider of micro insurance in emerging markets. The cover will
CIC, Little Cab launch motor insurance product
NAIROBI, Kenya, Aug 1 - CIC Insurance Group has partnered with Little Cab to launch a product that will offer free rides to clients while their vehicles are undergoing repair. The product, an extension of the existing alternative car service that offers
CIC Insurance posts a 96.1pc decline on earnings per share
NAIROBI, Kenya, Jul 29 - CIC Group has announced a 96.1 percent year on year decline in its half year 2019 Earnings per Share to Sh0.01, primarily attributed to muted growth in Net earned premium of 0.4 percent year on year. The subdued growth has been
UAP Old Mutual Wellness Program Goes Live
NAIROBI, Kenya, Jul 26 - The UAP Old Mutual Group has launched a wellness program which is geared at making the lifestyle of an individual better and healthier. The program is centred around three key pillars: knowing your health, improving your health
Heritage Insurance launches Kenya’s first telematics motor insurance
NAIROBI, Kenya, Jul 24 - Heritage Insurance Kenya has launched the country’s first telematics motor insurance, dubbed Auto Correct motor insurance. According to the Insurance company, the service makes use of telematics capabilities together with data
Sanlam partners with Japanese firm to expand its access to the East African region
NAIROBI, Kenya, Jul 22 - Financial services group Sanlam Kenya has sealed an agreement with Sompo Holdings, one of the largest insurance groups in Japan. This strategic agreement will allow Sompo to continue to expand its Japanese influence and investment
