Middle Income Driving Motor Insurance in the Country

Motor Insurance industry in the Country has experienced a recognizable growth within the last two years. Optimists would say that it is as a result of the increasing middle income in the country, but this alone is debatable considering the increasing high cost of living. According to Insurance Regulatory Authority Q4 industry report, general insurance business in the country grew by 3.5 per cent, a factor that mostly driven by compulsory motor insurance. Reached for comments, Kennedy Misati, Chief Manager-Central Claims Hub at Kenindia Assurance Company averred that as much as the majority of waged employees are low income earners, … Continue reading Middle Income Driving Motor Insurance in the Country

KENINDIA ASSURANCE APPOINTS NEW CHIEF FINANCIAL OFFICER

Kenindia Assurance Limited, one of Kenya’s oldest insurance company has today announced the appointment of Mr. Mohan Jha as its Chief Financial Officer (CFO). Leading the financial and operational functions of the company, Mr. Jha will help drive the Kenindia’s growth strategy and support all strategic and operational initiatives across the regional business. A qualified chartered accountant, Mr. Jha brings 26 years of experience leading the financial, commercial and business operations of growth-oriented businesses. Prior to joining Kenindia Assurance, Mr. Jha worked 26 years at Life Insurance Corporation of India, the state owned life insurance behemoth of India, with a … Continue reading KENINDIA ASSURANCE APPOINTS NEW CHIEF FINANCIAL OFFICER