Insurance
-
Startups
All products purchased via Lipa Later will now be insured by insurtech firm Lami Technologies
Buy now, pay later (BNPL) company Lipa Later Group has partnered with Lami Technologies to offer its consumers affordable credit insurance…
Read More » -
News
Michael Joseph appointed board chair of insurtech startup Pula
Former Safaricom CEO Michael Joseph has been appointed as board chair of Kenya agricultural insurtech startup Pula. The startup was…
Read More » -
Startups
Kenyan insurtech startup Turaco raises $10M Series A funding
Kenyan insurtech firm Turaco has closed a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest…
Read More » -
INSURANCE
NIXON SHIGOLI: Insurance has many financial benefits, not just compensation
Health, economic and social catastrophes including the recent coronavirus pandemic expose the vulnerability of individuals, families, businesses, economies, and nations…
Read More » -
Startups
Kenyan insurtech Lami Technologies raises $3.7M to expand across Africa
Kenya-based insurtech startup Lami Technologies has raised a US$ 3.7m seed extension to expand its insurtech product across Africa. The…
Read More » -
News
Kenya’s digital insurer mTek hits 65k registered users since launching in 2020
The level of insurance penetration in Kenya is way below the global average. According to a 2020 report by the…
Read More » -
News
Kenyan insurtech firm mTek secures $3 million funding
On the heels of a recent $1.50 million (KSh 170 million) investment, Kenyan insurtech startup mTek has secured an additional …
Read More » -
Startups
Power and Turaco partner to provide affordable insurance for gig workers across Africa
Fintech startup Power Financial Wellness has joined forces with insurtech firm Turaco to offer affordable health insurance products to its…
Read More » -
INSURANCE
Health-tech platform M-Tiba and Jubilee partner to provide health insurance for SMEs
Safaricom-owned mobile health platform M-TIBA and Jubilee Health Insurance have announced a new partnership to provide health insurance to SMEs.…
Read More » -
INSURANCE
YC-backed Curacel unveils new platform to enable tech companies offer insurance
Curacel, a YC-backed African insurance infrastructure startup, has launched an embedded insurance product that will enable tech companies to offer…
Read More » -
Startups
Insurtech startup Casava secures $4m pre-seed funding to provide affordable insurance for millions of Nigerians
Nigeria’s digital insurance company Casava has secured US$4 million in pre-seed funding to provide affordable and accessible insurance products for…
Read More » -
Startups
Kenyan insurtech startup Lami acquires Bluewave Insurance Agency for an undisclosed amount
Kenyan insurtech startup Lami Technologies has acquired Bluewave Insurance Agency, another Kenyan-based insurtech startup for an undisclosed amount. Bluewave leverages mobile…
Read More » -
BUSINESS
Telkom, Britam partner on mobile and insurance product
Telkom Kenya, and the financial services group Britam Holding, have partnered to launch a mobile-based insurance product. Known as Life…
Read More » -
BUSINESS
Ecobank partners with insurance companies to offer bancassurance to SMEs across Africa
Ecobank Group’s Commercial Banking business has partnered with a number of insurance companies to offer a range of Bancassurance solutions…
Read More » -
News
Insurance and Asset Management provider Allianz welcomes its global IT provider to Africa
Insurance and asset managers Allianz has launched its Allianz Technology’s activities (AZTA) in Africa to provide IT services exclusively to…
Read More » -
Interviews
![[Interview] Maryanne Michuki, Stanbic Bank Innovation lead: Digitizing motor insurance with StanSure app](https://i0.wp.com/techtrendske.co.ke/wp-content/uploads/2021/08/Maryanne-Michuki-1.jpeg?resize=390%2C220&ssl=1)
[Interview] Maryanne Michuki, Stanbic Bank Innovation lead: Digitizing motor insurance with StanSure app
According to the Insurance Outlook Report 2019/2020 East Africa by Deloitte, insurers in the region have experienced better times than…
Read More » -
News
Naspers Foundry leads $8.3m Series A investment in South African insurtech startup Naked
Naspers, through its early-stage tech investment vehicle Naspers Foundry, invested $8.3 million (R120 million) in Naked, the artificial intelligence (AI)-driven insurtech startup that…
Read More » -
INSURANCE
AfriGlobal Insurance Brokers launches AfriCover247 digital insurance transaction platform in Nigeria
Nigerian-based AfriGlobal Insurance Brokers has launched AfriCover247, a round-the-clock digital insurance transaction platform that will assist businesses, individuals, and technology…
Read More » -
News
KES 5.3 million accelerator programme launched to drive innovation in Kenya’s insurance sector
FSD Africa, the Insurance Regulatory Authority, and Tellistic Technology Services have launched BimaLab, a KES 5.3 million accelerator programme designed…
Read More » -
INSURANCE
Importance of the health insurance premium calculator
Uncertainties are a part of life, the person needs to be prepared for all of them. Being financially secure will…
Read More » -
BUSINESS
Cytonn Investments ventures into insurance business
Cytonn Investments is venturing into the insurance business. The firm has launched its insurance agency arm, the Cytonn Insurance Agency…
Read More » -
News
Kenyan Female Entrepreneur Raises $1.8M in Seed Funding for Lami Technologies
Lami Technologies, a Kenyan insurance technology (insurtech) company that aims to democratize insurance products and services for low-income Kenyans, has…
Read More » -
News
Uptake of agriculture insurance still low in Africa, Allianz Africa
The uptake of agriculture insurance is still low in Kenya and other African countries. This revelation was made during a…
Read More » -
BUSINESS
AAR Insurance Goes Digital with New Mobile App
AAR Insurance Kenya has launched a new mobile app available on Google Play Store and the App Store. The new…
Read More » -
INSURANCE
Allianz Africa announces leadership and structural changes at Allianz Nigeria
Allianz Africa has announced leadership and structural changes at Allianz Nigeria. These changes are subject to the approvals of the…
Read More » -
INSURANCE
[Interview] Addressing cross-border insurance in Africa
Africa remains one of the regions with the greatest growth potential in the world with African organisations focusing their growth…
Read More » -
INSURANCE
Insurance sector players urged to go digital to cope with Covid-19 realities
Players in the insurance sector have been urged to speed-up the industry’s digitization process so as to be able to…
Read More » -
News
Santam Insurance invests in South Africa’s Insurtech startup JaSure
South Africa’s on-demand insurance technology (Insurtech) startup JaSure has raised funding from the country’s leading short-term insurer Santam. Details about…
Read More » -
INSURANCE
Here’s why you should offer health insurance to your employees
Today, the cost of healthcare in Kenya has risen drastically, thanks to the evergrowing demand for medical services. Having health…
Read More » -
INSURANCE
A guide to understanding goods in transit insurance
If your a transporter or business person and materials or stock are an essential asset to your business, they must…
Read More » -
Opinions & Guest Posts
How to choose the right insurance company that suits your needs
If you’re an individual or a company looking for ways to insure your property, or even health, choosing an insurance…
Read More » -
BUSINESS
Leadway Insurance – Your Go-To Insurance Broker company
Kenya has a number of insurance companies ranging from industry giants with thousands of policies in force to small companies…
Read More » -
INSURANCE
Kenidia Assurance looking at product diversification and regional expansion as it marks marks 40th Anniversary
Kenindia Assurance has reiterated its commitment to doing business in Kenya even as it repositions itself for accelerated growth within…
Read More » -
Interviews
Outlook on the Insurance Industry in Kenya – Kenindia Assurance
Having grown from a turnover of Kshs 200m per year to over Kshs 3 billion per year, Kenindia Assurance will…
Read More » -
INSURANCE
ZEP-RE hosts insuretech hackathon in a bid to digitise their claims process
PTA Reinsurance Company recently hosted a two-day insuretech hackathon dubbed “TechMeetInsurance” at ZEP-RE in a bid to automate their internal claims…
Read More » -
News
Strathmore’s Dr. George Njenga’s Take on Data Management at Africa Insurance Summit 2018
On the 25th of June 2018, IIB (Insurance Information Bureau) in conjunction with Strathmore business school hosted the Africa Insurance…
Read More » -
INSURANCE
SureBüddy brings sponsored cover to Uganda with new insurance Mobile App
SureBüddy Android application that has today launched sponsored insurance and insurance-related products to Uganda. SureBüddy renders advertisements, the consumer…
Read More » -
INSURANCE
Lack of education on ICT to blame for growing cyber attacks on Insurance and banking sectors in Kenya.
Insurance and banking services sectors in the country need to enhance the pace of deployment of secure Information Communication Technology…
Read More »