Africa’s insurance market stands at a 3% penetration rate, per a McKinsey study in 2018 comparing six insurance regions on the continent. If the South African market is excluded, this number drops to ...
Affordability is one of the biggest impediments for insurance penetration in Kenya. Often, policy holders are required to make one-off payments for long-term covers, and the quoted sums are usually ...
Cultural resistance, low trust in insurers and the rise of digital fundraisers mean families still turn to WhatsApp and ...
It is no secret that insurance in Kenya is relatively expensive. From motor vehicle to health insurance, costs are sky-rocketing due to associated risks such as increased cases of carjackings and a ...
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ftcklb/governance_risk) has announced the addition of the "Governance, Risk ...
Not long ago, many people in Kenya had little to no insurance coverage. Now, comprehensive and innovative services are available to the masses Healthcare officials working in Kenya. Insurance is ...
Shortage of medical workers, inadequate healthcare infrastructure, and rising chronic diseases are fueling a boom in Kenya's HealthTech sector, transforming crisis into opportunity through digital ...
“There are several areas that we are expanding [into], but one area that we are seriously looking at and we want to see how we can grow […] is micro insurance,” Ashok Shah, the chief executive of ...
Kenya’s economy appears to be on the cusp of remarkable growth, yet its insurance is still just a fledgling industry. Stephen Wandera, Regional Director with the British-American Insurance Company, ...
Kenya’s median age is 20, according to the United Nations Human Development Report 2025, meaning that the average citizen is closer to high school than retirement; closer to TikTok than television.