Tag: Insurance

Kenidia Assurance looking at product diversification and regional expansion as it marks marks 40th Anniversary

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Kenindia Assurance has reiterated its commitment to doing business in Kenya even as it repositions itself for accelerated growth within East Africa. The insurance company, which is celebrating its 40th anniversary in Kenya says is looking at product diversification and regional expansion. Mr. Inderjeet Singh, Kenindia Managing Director  said that their 40 years of experience […]

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Outlook on the Insurance Industry in Kenya – Kenindia Assurance

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Having grown from a turnover of Kshs 200m per year to over Kshs 3 billion per year, Kenindia Assurance will be celebrating its 40th anniversary. We had a one-on-one with Mr. James Macharia, the Chief Operations Officer who shared the company’s journey over the years and his perspective of the insurance industry. 1.   Give us a brief […]

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ZEP-RE hosts insuretech hackathon in a bid to digitise their claims process

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PTA Reinsurance Company recently hosted a two-day insuretech hackathon dubbed “TechMeetInsurance” at ZEP-RE in a bid to automate their internal claims system.  The hackathon featured four teams of young innovators namely, Code Samurai, Coseke, Eimad and Miyabi as they competed for a cash prize of Ksh. 100,000 and a chance to work with the ZEP-RE IT […]

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Strathmore’s Dr. George Njenga’s Take on Data Management at Africa Insurance Summit 2018

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On the 25th of June 2018, IIB (Insurance Information Bureau) in conjunction with Strathmore business school hosted the Africa Insurance Summit at the Kenya School of Monetary Studies. Insurance leaders from Africa convened for a two-day conference to discuss how the African Insurance Market can leverage disruptive technologies to create growth opportunities and shape the […]

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SureBüddy brings sponsored cover to Uganda with new insurance Mobile App

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  SureBüddy Android application that has today launched sponsored insurance and insurance-related products to Uganda. SureBüddy renders advertisements, the consumer watches the ads, and then receives free cover as a reward. The ad images are non-intrusive, use very little data, and disappear with a click. SureBüddy’s cover is sponsored for the user as all costs […]

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Lack of education on ICT to blame for growing cyber attacks on Insurance and banking sectors in Kenya.

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Insurance and banking services sectors in the country need to enhance the pace of deployment of secure Information Communication Technology (ICT) practices in their organizations. According to ICT security company, ESET East Africa, the recent spike in cases of cyber attacks and breaches in the financial services sector is attributable to the slow pace of […]

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