Tag: insurance
Fraud driving Invesco to its second death
Invesco Assurance Company tried to handle a greasy industry and died. It was resurrected, but is now on its last leg...
This 26-year-old woman sets up Kenya’s first digital car insurance company
The name Jihan Abass doesn’t strike a chord when mentioned immediately. But the 26-year-old has already cemented her name in the history of Kenya.
Review insurance and motor vehicle laws
The reviewing of the motor third party liability law by the Insurance Regulatory Authority (IRA) is a crucial moment for the National...
Low insurance penetration a sign of less development
One simple measure of a country’s level of development is the penetration rate of the insurance industry. It is measured as...
Why pay to repair a car when that money can buy...
Part 1: The Book of Numbers
How much do you expect to pay for repairs when you ding the...
Matatu owners lose battle on raising insurance premiums
Commuters now risk paying more for bus fare after matatu owners lost a crucial case involving raising Public Service Vehicles (PSVs)...
Occidental Insurance drops 25 vehicle brands over spare part prices
Occidental Insurance Company has written to its agents and brokers to cease covering 25 vehicle makes and models citing rare and expensive...
StanChart clients to get car insurance on phones
Standard Chartered Bank customers will buy house and motor vehicle insurance from their mobile phones, the lender has announced.
The plan, in partnership with Sanlam...
Despite low uptake, funeral cover can’t be buried away
“When were you last prepared for an accident?” poses APA Insurance on a giant billboard along Jogoo Road, one of Nairobi’s busiest arteries.
Despite data...
IRA kenya: Xplico, Amaco record highest customer discontent
Insurance Regulatory Authority Kenya has reported that Explico and Amaco insurance companies have recorded the highest number of customer dissatisfaction in the entire industry.
The...
THE CUTTING EDGE
FUEL VAT: When prices of goods and services go up, as a result of the VAT on fuel products, this will hurt ordinary citizens badly,...
Private vehicles pile Sh2.74 billion loss on insurance firms
Motor private class was the highest loser in the general insurance business in 2017 after posting a loss of Sh2.74 billion, the latest industry...
6 Serious Impacts of Drunk Driving on Car Insurance Premiums In...
We all know that drunk driving is prohibited all over the world and this is basically for the safety of the car owner, driver...
Kenya Orient Insurance to require Probox owners to sign ‘Declaration Of...
Kenya Orient Insurance Limited has reviewed its underwriting guidelines for Toyota Probox cars now requiring owners of the affected category of vehicles to sign...
Local Insurance Broker Eyes Lucrative Matatu Sector With Daily Premiums
An insurance brokerage is set to introduce a new daily premium for matatu industry operators.
LGT Insurance Agency — the insurance brokerage arm of the...
Kenya Orient Launches Women-Only Auto Clinic
Kenya Orient Insurance has launched a women-only auto clinic event to be held twice a year, to boost its motor policy products targeting ladies.
The...
