Minet unveils insurance premium financing solution

Minet Kenya has launched insurance premium financing offering enabling easy payment of premium in instalments. This is in partnership with Momentum Credit Limited. Minet Kenya Chief Executive Officer Sammy Muthui said the plan allows individuals and entities to pay deposit equivalent to 20% of the value of their insurance premium to activate the cover. “In these rapidly changing times, we have … More Minet unveils insurance premium financing solution

Kenindia revamps website around customer needs

Kenindia Assurance Limited, Kenya’s oldest insurance company has revamped its kenindia.com website with an improved design geared towards better serving customers needs especially with the increasingly growing millennials that the company is targeting with its insurance products. In line with its recent strategy of targeting millennials, the new changes will make it easier to navigate … More Kenindia revamps website around customer needs

MORE KENYANS EMBRACING TRAVEL INSURANCE

The travel insurance sector will see a gradual sustained growth in the next two years as two in five Kenyans travelling outside the country sign up for travel insurance. Kenindia General Manager – Mr Valiveti Kumar said the increasing threats in countries Kenyans travel to, extreme weather conditions and medical tourism have contributed to the … More MORE KENYANS EMBRACING TRAVEL INSURANCE

KENINDIA ASSURANCE APPOINTS NEW GM FOR LIFE INSURANCE

Kenindia Assurance Limited, Kenya’s oldest insurance company has today announced the appointment of Uthup Joseph as Life Insurance General Manager effective August 2nd  2019 Prior to taking up his new role at Kenindia Assurance, Uthup Joseph spent 28 years at Life Insurance Corporation of India, serving most recently as Senior Divisional Manager looking after Individual … More KENINDIA ASSURANCE APPOINTS NEW GM FOR LIFE INSURANCE

Kenindia Assurance projects higher pensions uptake

Statistics in the insurance sector indicates that more Kenyan’s are now willing to save for the future than before. Industry figures indicate that there has been enormous appetite for a pension which has seen the industry total pension funds under guaranteed arrangement grow from Ksh. 163 billion to 183.7 billion a growth rate of 12.7% … More Kenindia Assurance projects higher pensions uptake

Insurance covers are to cushion you from the unexpected

There are multiple reasons as to why the insurance penetration in the country is still below 3 percent. Lack of public awareness has been cited as the main reason as to way Kenyans have so far failed to take up insurance covers. A huge population have no vital insurance protection such as life insurance or … More Insurance covers are to cushion you from the unexpected