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Old Mutual Insure acquires insurer Genric

Old Mutual Insure announced the signing of a Share Purchase Agreement that will see it acquire 100 percent of Genric Insurance Company...

CAK recovers Ksh.38M owed to suppliers by 18 underwriters

The Communication Authority of Kenya (CAK) has recovered Ksh.38 million owed to 25 motor vehicle suppliers for services offered to 18 local insurance companies.

Power, Turaco ink affordable insurance deal for workers across Africa

Fintech startup Power Financial Wellness has joined forces with insurtech firm Turaco to offer affordable health insurance products to its customers. These...

M-TIBA, Jubilee partner in new health insurance deal

Safaricom-owned mobile health platform M-TIBA has announced a new partnership with Jubilee Health Insurance to provide health insurance to over 3,000 lives via their...

Future of life assurance lies in emerging technologies: CIC Group

COVID-19 has reinforced the need to adopt technology to make life insurance purchase and uptake simpler as more consumers embrace a tech-driven...

AAR, telco collaborate to migrate to the cloud

AAR Insurance has inked a deal with Safaricom to roll out new technology infrastructure based on the Amazon Web Services (AWS) as...

Britam, KOA partner to enable Kenyans access low-risk investment opportunities

Britam Asset Managers and Kenya-based fintech startup KOA, have today announced a partnership to offer customers access to low-risk investment opportunities. This...

Sanlam Kenya’s FY2020 pre-tax profit drops 92pc

Sanlam Kenya has recorded a 92 percent decline in its pre-tax profit for the full year ended December 2020.

Insurance firms urged to introduce short term covers

Local insurance firms have been urged to roll out insurance products of below 12 months in order to attract the country’s youth...

Farmers paid Ksh100 million from government led crop insurance project 

By Edna Mwende The crop insurance project under the Ministry of Agriculture has paid a total Ksh100 million to at...
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