{"id":74563,"date":"2021-11-11T12:35:57","date_gmt":"2021-11-11T09:35:57","guid":{"rendered":"https:\/\/www.capitalfm.co.ke\/business\/?p=74563"},"modified":"2021-11-11T12:20:23","modified_gmt":"2021-11-11T09:20:23","slug":"sanlam-inks-agreement-with-letshego-insurance-agency","status":"publish","type":"post","link":"https:\/\/www.capitalfm.co.ke\/business\/2021\/11\/sanlam-inks-agreement-with-letshego-insurance-agency\/","title":{"rendered":"Sanlam inks agreement with Letshego insurance agency"},"content":{"rendered":"<p class=\"x_MsoNormal\"><b><span lang=\"EN-ZA\">NAIROBI, Kenya, Nov 11 &#8211;<\/span><\/b><span lang=\"EN-ZA\"> F<\/span><strong><span lang=\"EN-ZA\">inancial services provider,\u00a0Sanlam Kenya has sealed a deal to be the underwriting services provider for Letshego Kenya\u2019s insurance arm, covering all the products offered by the microfinancier.<\/span><\/strong><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-ZA\">The digital insurance offering, dubbed \u2018LetsGo Insure\u2019 leverages Sanlam Kenya\u2019s continued investment in digital acceleration through robust ICT platforms in the general and life insurance space. The investments have allowed Sanlam Kenya to tap into new markets, including microfinance insurance products.<\/span><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-ZA\">While confirming the partnership, Sanlam Kenya Group CEO Dr. Nyamemba Tumbo said the firm will provide a tailor-made solution to Letshego Kenya to enable the microfinance institution to continue to rollout quality insurance covered services cost-effectively.<\/span><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-ZA\">\u201cThanks to our dynamic partnership with Letshego, Sanlam Kenya can now extend the benefits and reach of our insurance products to more Kenyans.\u00a0 Each insurance solution has been customized to fit the needs of Kenyans, allowing international standards in insurance cover to be accessed at cost-effective pricing\u201d added Dr Tumbo.<\/span><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-ZA\">The partnership will see Sanlam Kenya underwrite the products offered by Letshego Insurance Agency including motor, personal accident, funeral cover, and home insurance accordingly.<\/span><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-ZA\">Letshego Kenya CEO Adam Kasaine noted that the partnership is in line with the microfinance firm\u2019s strategy to leverage the positive\u00a0digital developments in Africa, with a sustainable impact on the lives of its customers.<\/span><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-ZA\">Adding that \u201cLetshego is building a digital nation across Africa \u2013 by Africans for Africa.\u00a0 Our partnership with Sanlam partnership resonates our commitment to improving the lives of our customers, seizing new opportunities to bring greater choice in products and value with world-class partners.\u201d\u00a0<\/span><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-ZA\">Letshego Kenya Bancassurance Intermediary Ltd solutions are a value-add to protect its customers from loss of earnings in the event of unforeseen circumstances such as critical illness, permanent disabilities, loss of life, and destruction &amp; loss of property.<\/span><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-ZA\">This partnership is the first of a series of propositions, following a regional partnership agreement signed by the two organizations that will see Sanlam insure Letshego insurance in their 11 markets including Botswana, Namibia, Mozambique, Tanzania, Kenya, Uganda, Rwanda, and Nigeria.<\/span><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-ZA\">The company currently serves over 30,000 customers through the provision of tailor-made, innovative, and affordable financial solutions to the urban, peri-urban and rural Kenyan population.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NAIROBI, Kenya, Nov 11 &#8211; Financial services provider,\u00a0Sanlam Kenya has sealed a deal to be the underwriting services provider for Letshego Kenya\u2019s insurance arm, covering all the products offered by the microfinancier. The digital insurance offering, dubbed \u2018LetsGo Insure\u2019 leverages Sanlam Kenya\u2019s continued investment in digital acceleration through robust ICT platforms in the general and [&hellip;]<\/p>\n","protected":false},"author":12320,"featured_media":74564,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1467,24,872,1485,1,687],"tags":[934,2472,2474,2473,2471],"coauthors":[],"class_list":["post-74563","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies","category-finance","category-headlines","category-insurance","category-kenya","category-top-stories","tag-featured","tag-letshego","tag-letshego-insurance-agency","tag-sanlam-kenya","tag-letsgo-insure"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sanlam inks agreement 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