News
Kenya's Insurance Industry Needs A Genuine Shift In How It Thinks About Claims
6+ hour, 37+ min ago (252+ words) After that conversation, he asked: "Did I make a mistake buying this policy?" That question is the real problem. The doubt underneath it is what Kenya's insurance industry needs to reckon with. We sell policies by the millions. But when…...
Why Group Health Insurance Is No Longer Optional for Kenyan SMEs and Corporates
1+ mon, 2+ week ago (252+ words) Kenya's health insurance sector is undergoing a notable transformation, with recent data indicating that coverage has risen to approximately 30% of the population, up from just 10% in 2007. This growth reflects sustained government efforts alongside the increasing penetration of private insurance providers,…...
How Poor Health Coverage Drains Performance Among SMEs
1+ mon, 3+ week ago (309+ words) When it comes to SMEs, productivity is often discussed in terms of output, efficiency, and revenue growth. Business owners obsess over margins, inventory turnover, and customer acquisition costs. Yet, quietly and consistently, another cost erodes performance from within'one that rarely…...
How Risk-Based Payouts Are Changing Insurance in Kenya Today
2+ mon, 3+ day ago (314+ words) The insurance industry in Kenya is slowly changing, and one of the biggest changes is the use of risk-based payouts. This system is becoming more common as companies try to be fair and more accurate when paying claims. The Insurance…...
The Hidden Cost of Running a Business Without Insurance
3+ mon, 2+ week ago (339+ words) By Deborah Sivyatsomana Kavira Many business owners focus on sales, profits, and growth. They think about marketing, customers, and reducing costs. But one important area is often ignored, and that is insurance. Some entrepreneurs see insurance as an extra expense…...
Last Expense Insurance Is a Financial Game-Changer for Kenyan Families
11+ mon, 2+ day ago (384+ words) In Kenya, conversations about death are often cloaked in cultural taboos. Yet, when death strikes, families are thrust into a whirlwind of grief, coupled with intense financial strain. The costs associated with funerals'ranging from mortuary fees to catering for mourners'can…...