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30-10-2014 23:52:00 | by: Administrator | hits: 29183498 | Tags:

[Nigeria Business Week] Andrea Ayemoba: Clean energy gets funding amid inflation and trade deficits
19-05-2022 | 12:14:00
Oil and Gas has been a pillar supporting the Nigerian economy for a very long time. Rich in this natural resource, Nigeria may be guilty of neglecting other promising sectors, like Agriculture and even Insurance.
MYFIG wins at Innolab Insuretech Accelerator Programme
09-05-2022 | 11:25:07
Figtech Limited has built an innovative Customer First Life Insurance APP (MYFIG) by integrating innovative technology with traditional methods within the sector.
Jubilee Insurance partners with Allianz to expand insurance markets across East Africa
09-05-2022 | 10:07:39
East Africa’s Jubilee Insurance and world's insurer and asset manager Allianz have signed an agreement to establish a strategic partnership in the five African countries where Jubilee Insurance currently operates.
Brokerslink launches international insurance platform to drive its business portfolio
09-05-2022 | 10:07:33
Global broking business Brokerslink has launched its dedicated iinternational insurance programme management platform to drive the continued growth and digitalisation of its international portfolio.
GCR places UAP Kenya’s national scale financial strength rating on Negative Rating Watch
09-05-2022 | 10:07:31
GCR Ratings (GCR) has affirmed UAP Insurance (UAP Kenya) national scale financial strength rating of A+(KE), with the rating placed on Negative Rating Watch as property risks bring down group credit profile.
Allianz acquires controlling stakes in Kenya’s Jubilee Holdings subsidiaries
09-05-2022 | 10:07:22
Jubilee Holdings (Jubilee Insurance), East Africa’s insurance group, and Allianz, world's insurers and asset managers, signed an agreement to establish a strategic partnership in the five African countries where Jubilee Insurance currently operates.
Helios Investment launches African reinsurance business, ASR
09-05-2022 | 10:07:11
Helios Investment Partners announced the launch of Africa Specialty Risk Group in partnership with Mikir Shah, former CEO of AXA Africa Specialty Risks, and Bryan Howett, former CEO of Old Mutual’s pan-African reinsurance operations.
African Development Bank extends $2.1m for rollout of Disaster Risk Financing in Mauritania
09-05-2022 | 10:07:09
The African Development Bank approved a grant of $2.1 million to boost the country’s resilience against climate related shocks and food insecurity.
Continental Reinsurance announces 100% ownership of its Botswana subsidiary
09-05-2022 | 10:07:02
Pan-African reinsurer, Continental Reinsurance announced a change in the ownership structure of Continental Reinsurance Botswana, after its recent acquisition of a minority 40% stake in the company.
Adeolu Adewumi-Zer appointed MD/CEO of Allianz Nigeria
09-05-2022 | 10:06:53
Adeolu Adewumi-Zer, currently the Regional Head of Mergers, Acquisitions and Transformation for Allianz Africa, has been nominated as the MD/CEO of Allianz Nigeria.
Sanlam Kenya fine tunes business strategy to facilitate growth
09-05-2022 | 10:06:50
Listed non-bank financial service provider Sanlam Kenya has announced the commencement of a strategic business recovery strategy following the release of its half year trading results.
AM Best affirms credit ratings of gig Insurance Egypt
09-05-2022 | 10:06:49
Global credit rating agency AM Best has affirmed the Financial Strength Rating of B++, Good, and the Long-Term Issuer Credit Rating of “bbb+” of gig Insurance - Egypt S.A.E.
IFC, Leadway Vie partner to expand access to life insurance to women in Côte d’Ivoire
09-05-2022 | 10:06:32
IFC, a member of the World Bank Group, and insurance company Leadway Vie Côte d'Ivoire announced a partnership to increase access to life insurance for women in Côte d'Ivoire and create jobs for women as insurance brokers in the country.
AM Best affirms credit ratings of Ghana Reinsurance Company
09-05-2022 | 10:06:17
AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” of Ghana Reinsurance Company Limited (Ghana Re).
The African Risk Capacity Group launches Africa’s first tropical cyclone risk insurance product
09-05-2022 | 10:06:13
The African Risk Capacity (ARC) Group is proposing a new insurance mechanism to African countries in the South West Indian Ocean (SWIO) region to cope with the devastating effects of the tropical cyclones.
[Nigeria] AM Best affirms credit ratings of Continental Reinsurance
09-05-2022 | 10:06:03
Global credit rating agency AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Continental Reinsurance Plc Nigeria.
Standard Insurance limited becomes latest African firm to select Moody’s analytics ifrs 17 solution
09-05-2022 | 10:06:00
Moody’s Analytics has announced that Standard Insurance Limited, the insurance arm of Johannesburg-based Standard Bank Group and one of South Africa’s insurance providers, has selected the Moody’s Analytics RiskIntegrity™ for IFRS 17 solution.
[Africa Tech Review] Nixon Kanali: Data security and privacy laws develop across Africa
05-05-2022 | 15:44:00
This week, lawyers across Africa commented on the continent’s urgent need for data privacy and security laws among other top stories of the week.
Sanlam and Allianz join forces to create African insurance giant
05-05-2022 | 09:30:11
Sanlam and Allianz have agreed to combine their current and future operations across Africa to create the largest Pan-African non-banking financial services entity on the continent.
[Kenya] Power and Turaco partner to provide affordable insurance for gig workers across Africa
05-05-2022 | 07:06:00
Fintech startup Power Financial Wellness has joined forces with insurtech firm Turaco to offer affordable health insurance products to its customers.
[Nigeria] Insurtech startup ETAP secures $1.5 million pre-seed funding to drive car insurance penetration in Africa
25-04-2022 | 15:47:00
ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of much-needed car insurance across Africa.
[Nigeria] Insurance startup Etap gets $1.5m pre-seed
20-04-2022 | 12:03:00
Only 21% of the 12 million registered vehicles on Nigerian roads have genuine motor insurance, as the rest either have fake certificates - with the owners mostly unaware - or are not covered at all.
[Nigeria] Airtel launches commercial data centre in Lagos
13-04-2022 | 11:40:00
Nigerian telco giant, Airtel Nigeria has unveiled its state-of-the-art Tier 3 data centre in Lagos State for commercial use.
[Egypt] Senate gives final approval for new insurance law
12-04-2022 | 10:57:00
Following over a month of debates, Egypt's Senate approved on Monday a new government-drafted unified insurance law, which one MP described as necessary to cover a host of professions and services recently introduced into the insurance industry.
[Africa Tech Review] Nixon Kanali: Microsoft continues its massive investments in Africa
31-03-2022 | 15:28:00
Microsoft has been all over the news in Africa over the last few weeks. The tech giant continues to make massive investments in the continent and last week.
[Kenya] Health-tech platform M-Tiba and Jubilee partner to provide insurance
28-03-2022 | 08:21:00
Safaricom-owned mobile health platform M-TIBA has announced a new partnership with Jubilee Health Insurance to provide health insurance to over 3,000 lives via their Group Micro Health Product.
Low consumer trust holding back insurance distribution in Africa, Cenfri & Equisoft Research
15-03-2022 | 11:10:00
While disagreements amongst channel stakeholders remain, it will be difficult for the industry to significantly increase the very low penetration of insurance in the region.
YC-backed Curacel unveils new platform to enable tech companies offer insurance
14-03-2022 | 06:56:00
Curacel, a YC-backed African insurance infrastructure startup, has launched  an embedded insurance product that will enable tech companies to offer insurance as part of their existing products and services
[Kenya] Jubilee Holdings acquires 10% additional stake in SEACOM
10-03-2022 | 10:33:00
Insurance group Jubilee Holdings Limited (JHL), announced it has purchased an additional 10% stake in submarine fibre optic cable project  SEACOM, increasing its shareholding in SEACOM from 8.8% to 18.8%.
Mali receives African Risk Capacity climate risk insurance pay-out
09-03-2022 | 14:55:30
Over 204,000 vulnerable people in drought-affected regions of Mali will benefit from a $7.1 million climate risk insurance pay-out by African Risk Capacity (ARC) through the United Nations World Food Programme (WFP).
Mali receives $7.1 million climate risk insurance pay-out
08-03-2022 | 10:43:29
The ARC Replica pay-out is the first of its kind in Mali, aimed at providing emergency and resilience-building support to populations vulnerable to the impacts of climate-change-induced disasters.
[Ethiopia] Ethio Telecom partners with Subex for assurance solution on AI platform
16-02-2022 | 11:35:00
Ethiopian telecommunication company Ethio Telecom partnered with Subex for a new business assurance solution using the enterprise AI platform, HyperSense.
IFC, Zimbabwe partner to develop agriculture insurance to protect smallholder farmers
15-02-2022 | 10:14:00
IFC and Zimbabwe's insurance regulator, the Insurance and Pensions Commission (IPEC), announced a partnership to create a market for agricultural insurance products in Zimbabwe to protect smallholder farmers.
Kenyan maize farmers receive over Sh12 million insurance payout
14-02-2022 | 10:45:00
APA Insurance is the lead insurer, Apollo Agriculture is the client, and Pula is the service provider and did risk assessment to determine the claims for the smallholder farmers.
[South Africa] Digital onboarding a welcome disruption in the insurance industry, SearchWorks
07-02-2022 | 06:53:00
When digitalised, basic and repetitive insurance tasks can be left to technology, freeing up staff to focus on more complex activities and improve customer experience.
[Nigeria Business Week] Andrea Ayemoba: Government, Central Bank turn focus to the startup movement
03-02-2022 | 12:04:00
There’s an ongoing comparison in Nigeria's status quo that is causing some rift – the national statistics and reports are showing a promising and stable economy, but the situation on-ground reflects a different reality.
[Kenya] Insurtech startup Lami acquires Bluewave Insurance Agency
03-02-2022 | 08:05:00
Kenyan insurtech startup Lami Technologies has acquired Bluewave Insurance Agency, another Kenyan-based insurtech startup for an undisclosed amount.
Casava secures $4 million pre-seed funding to provide micro insurance for millions of Nigerians
02-02-2022 | 15:19:00
Casava, Nigeria's digital insurance company has secured $4 million in pre-seed funding to provide affordable and accessible insurance products for millions of Nigerians.
[Egypt] Catalyst Partners acquires 25% of Public Partners Insurance Brokerage
02-02-2022 | 12:15:11
Catalyst Partners Holding has announced the acquisition of a 25% stake in Public Partners Insurance Brokerage (PPIB).
2022 InsurTech Trends: Anti-fraud analytics booms as cyber war rages
31-01-2022 | 12:03:00
Fraud and analytics and AI leader SAS. The State of Insurance Fraud Technology study reveals that 80% of insurers use predictive modelling to detect fraud, up from 55% in 2018.
AATB Program inks 2022-2023 Country Program with Tunisia to deepen cooperation framework
28-01-2022 | 10:08:00
The Arab Africa Trade Bridges (AATB) Program and Republic of Tunisia signed the 2022-2023 Country Program with the aim of developing a cooperation framework.
Deem finance and Mastercard introduce limited edition world credit card to celebrate UAE’s year of the 50th
24-01-2022 | 09:34:00
Deem Finance and Mastercard have announced the launch of a one-of-its-kind Golden Jubilee Limited Edition World Cashback Credit Card.
Gen Re appoints joint Managing Directors to lead Life/Health business in Southern Africa
20-01-2022 | 09:56:00
General Reinsurance Africa (Gen Re), the reinsurance solutions provider to Life/Health and Property/Casualty insurance industries, announced the appointment of Cindy Blanchard and Jason Cooper-Williams as the new joint Managing Directors.
AXA Egypt signs five-year bancassurance agreement with Arab African International Bank
17-01-2022 | 10:16:47
AXA Egypt announced signing a five-year bancassurance agreement with the Arab African International Bank (AAIB), offering new, outstanding insurance services to customers.
[Nigeria Business Week] Andrea Ayemoba: Nigeria sets course to unify industry benefits, lead Africa's 5G
13-01-2022 | 12:18:00
Following a turbulent year of stock market fluctuations, restrictions related to an ongoing pandemic and varying economic instabilities, predictions on Nigeria’s performance last year ranged from inferior to mediocre to excellent.
Ababacar Diaw appointed CEO of Allianz Ghana Non-Life
11-01-2022 | 10:01:44
Ababacar Diaw has been nominated as CEO of Allianz Ghana Non-Life, effective January 17th 2022, subject to necessary approvals.
Allianz appoints Abderrahim Dbich as new CEO for Morocco
11-01-2022 | 09:47:28
Allianz Africa announced the appointment of Abderrahim Dbich as CEO of Allianz Maroc, effective January 1st, 2022. He succeeds Joerg Weber, who will take on new responsibilities in the Allianz group.
[Kenya] Equity Group diversifies into the insurance business
10-01-2022 | 12:12:00
A life insurance license has been issued to Equity Life Assurance (Kenya) Ltd which is fully owned by Equity Group Insurance Holdings Limited (EGIHL), a subsidiary of Equity Group.
[Ghana] Hollard and GEA partner to launch Asomdwee insurance policy for MSMEs
30-12-2021 | 11:22:00
Hollard Ghana has partnered with Ghana Enterprises Agency to launch Asomdwee, a tailored insurance product for MSMEs in Ghana aimed at providing security for their business.
Nigerian Exchange lifts NEM Insurance suspension
30-12-2021 | 09:42:00
The suspension placed in the trading of equities of NEM Insurance has been lifted by the Nigerian Exchange, a circular from the bourse has confirmed.
AM Best affirms credit ratings of Continental Reinsurance Nigeria
24-12-2021 | 08:15:13
The outlook of these Credit Ratings is stable.
[Kenya] MFS, Heritage Insurance launch digital insurance platform with motor insurance installment plan
20-12-2021 | 14:34:00
Kenyan fintech firm Mobile Financial Solutions (MFS) Technologies has launched a digital insurance booking platform to meet the growing demand for insurance policies purchase and claims processes.
[Nigeria] Cornerstone Insurance, NEM partner on new scheme
20-12-2021 | 13:58:00
Cornerstone Insurance and NEM Insurance have announced an agreement to provide a group personal accident social welfare scheme known as ‘Eagle Social Welfare Scheme’ to all Nigerians across the country.
Burkina Faso signs ATI’s Participation Agreement
16-12-2021 | 09:15:00
The Government of Burkina Faso signed the Participation Agreement with the African Trade Insurance Agency (ATI), a condition precedent to the disbursement of €15 million by the European Investment Bank for Burkina Faso’s Membership in ATI.
[Kenya] Telkom and Britam partner on mobile and insurance product
16-12-2021 | 06:40:40
Telkom Kenya, and the financial services group Britam Holding, have partnered to launch a mobile-based insurance product.
Le Groupe Ecobank s’associe à des compagnies d’assurance pour proposer des solutions de bancassurance aux PME
15-12-2021 | 09:03:00
La Banque Commerciale du Groupe Ecobank, le premier groupe bancaire panafricain, s'est associée à cinq compagnies d'assurance pour proposer une gamme de solutions de bancassurance aux Petites et Moyennes Entreprises (PME) clientes de Ecobank à travers son réseau panafricain.
Ecobank partners with insurance companies to offer bancassurance to SMEs across African markets
14-12-2021 | 11:37:00
Ecobank Group’s Commercial Banking business has partnered with Old Mutual, Allianz, SUNU, Sanlam & NSIA, to offer a range of Bancassurance solutions to Ecobank’s Small and Medium-sized Enterprise (SME) customers.
Picture based insurance offer farmers a welcome reprieve from climate change
13-12-2021 | 10:45:00
A climate-smart crop insurance scheme introduced in Kenya has come to their rescue by combining satellite data and smartphone imagery to provide farmers with much needed protection.
[Nigeria Business Week] Andrea Ayemoba: Come dry season, food production and supply chain gain emphasis
10-12-2021 | 11:25:00
As we have established time and again, fertile lands and an able, skilled workforce are a vital combination for a thriving agricultural sector.
Senegal joins the African Trade Insurance Agency as the 20th Member State
09-12-2021 | 11:15:33
The Republic of Senegal has joined the African Trade Insurance Agency (ATI) as its 20th Member State with a subscribed capital contribution of €15 million, following financial support from the European Investment Bank (EIB).
4G Capital partners with CGAP to develop financial stress early warning system
01-12-2021 | 09:40:00
By incorporating financial stress monitoring into risk management processes, EWS enables an early assessment of and response to borrowers experiencing financial stress to help reduce the risk of over-indebtedness.
Insurpass partners AXA Mansard for easier access to health insurance for Nigerians
26-11-2021 | 10:44:00
Insurpass, an insurance technology company has partnered with AXA Mansard, a leading player in the insurance and asset management sector to provide access to affordable insurance coverage for emerging customers in Nigeria.
[Côte d'Ivoire] Allianz welcomes its global IT provider to Africa
15-11-2021 | 07:20:00
Insurance and asset managers Allianz has launched its Allianz Technology's activities (AZTA) in Africa to provide IT services exclusively to Allianz Africa Operational Entities.
German government announces €18 million support to subsidize climate insurance for African Risk Capacity member states
05-11-2021 | 07:05:00
ARC, an African Union initiative that is led by 35 AU Member States, provides insurance for droughts and tropical cyclones. The standard approach to pay for climate disasters is slow and unpredictable, using humanitarian appeals or loans arranged after a disaster strikes.
[Kenya] Fintech Startup Kwara and Lami Technologies partner to provide insurance products for SACCO members
04-11-2021 | 06:38:00
Kenyan fintech startup Kwara has today partnered with insurtech company, Lami Technologies, to provide Savings and Credit Co-operative Society (SACCO) members in Kenya with insurance products.
Farmers in Malawi receive cash payouts from WFP's agricultural insurance programme
03-11-2021 | 14:32:00
After drought and pests destroyed crops during the 2020-2021 farming season, nearly 65,000 farming households in Malawi have received cash payouts from an agricultural insurance programme of the United Nations World Food Programme (WFP).
Prudential opens Africa Regional Headquarters in Nairobi, Kenya
29-10-2021 | 14:05:00
Prudential announced the opening of its Africa Regional Headquarters in Nairobi, Kenya. The life insurer moved its Africa Regional Headquarters from London to Nairobi to provide its businesses across Africa with greater support.
[Column] Louis van Ravesteyn: Crop insurance helps farmers mitigate the threat of climate change
22-10-2021 | 11:31:00
Crop insurance is one of the major risk management strategies used by farmers to financially safeguard themselves from the potential failure of crops, due to climate risk or other uncontrollable natural hazards.
Companies need to strengthen cyber controls to counter ransomware pandemic, Allianz
14-10-2021 | 07:43:00
Malware attacks that encrypt company data and systems and demand a ransom payment for release are surging globally.
Sanlam, Absa merge investment management businesses in South Africa
08-10-2021 | 09:39:00
Sanlam, Africa’s non-banking financial services group, and Absa, one of Africa’s diversified financial services groups, announced they have reached an agreement to combine their investment management businesses.
AfricInvest’s FIVE acquires minority stake in REGIC, Nigeria
08-10-2021 | 09:26:00
AfricInvest, a Pan-African asset management platform covering Private Equity, Venture Capital, and Private Credit, announced the acquisition of a minority stake in the Nigerian insurance company Royal Exchange General Insurance Company (REGIC).
ITIDA joins forces with Plug and Play to launch an open innovation hub in Cairo, Egypt
01-10-2021 | 13:01:00
Global innovation platform Plug and Play is partnering with the Egyptian Information Technology Industry Development Agency (ITIDA), to launch an Open Innovation Hub in Cairo.
COMESA launches digital yellow card helpdesk system
23-09-2021 | 12:50:00
The COMESA Regional Third-Party Motor Vehicle Insurance (Yellow Card) Scheme has launched a Digital Yellow Card Helpdesk System designed to track all queries reported by users.
[Morocco] IFC partners with ACAPS to promote digital insurance
23-09-2021 | 12:38:37
As part of this technical assistance program, IFC will support ACAPS in the development of a roadmap to accelerate the digital transformation of the insurance sector, and thus benefit from the rapid development of the digital economy. on the continent.
JBA and Reinsurance Solutions join forces to support African insurers for flood risk management
21-09-2021 | 12:33:00
JBA Flood Risk Management announced its collaboration with Reinsurance Solutions Intermediary Services (RSIS), an African-based reinsurance broker that will use the JBA global flood modelling capability to provide flood risk analytics.
Central Bank of Liberia deploys chatbot to expand access to financial consumer protection
16-09-2021 | 10:16:00
The Central Bank of Liberia (CBL) has unveiled a chatbot that empowers consumers to instantly file complaints against their financial institutions and insurance providers for misconduct and poor service.
[South Africa] Old Mutual Insure selects Sapiens to automate and streamline its reinsurance processes
16-09-2021 | 08:46:00
Sapiens International Corporation, a global provider of software solutions for the insurance industry, announced the integration of Sapiens ReinsuranceMaster for Old Mutual Insure, the oldest insurer in South Africa.
Prudential plc partners with Invest Africa to support ESG-focused investments in Africa
15-09-2021 | 10:55:55
Prudential plc has partnered with Invest Africa, a trade and investment platform for African markets, to support the development Environmental, Societal and Governance standards.
[South Africa] Sanlam sells UK life and pension business for £39m
15-09-2021 | 09:44:00
The Board of Directors of Sanlam announced the conclusion of agreements between its wholly owned subsidiary, Sanlam UK and Chesnara, for the disposal by Sanlam UK of its 100% shareholding in Sanlam Life & Pensions UK Limited.
L'AfDB dote l’hôpital de Juba de la toute première unité de production d’oxygène pour combattre le Covid-19
03-09-2021 | 08:44:00
L’installation d’équipements pour la production d’oxygène renforcera substantiellement la fourniture de soins intensifs aux patients gravement touchés par le Covid-19.
[South Africa] Sanlam selects WANdisco to migrate its data to a new secure environment
03-09-2021 | 08:22:12
WANdisco, the LiveData company, has won a contract with South African financial services group, Sanlam, to migrate hundreds of terabytes of business-critical unstructured data to a new environment, which will serve as its disaster recovery infrastructure.
The future of life assurance lies in emerging technologies, says CIC Group
02-09-2021 | 13:59:00
CIC Life Assurance Limited Managing Director Mr. Meshack Miyogo says that the insurance industry is critical for effective risk mitigation and it is therefore vital that the industry evolves with the times. 
Standard bank selects TCS BaNCS cloud for digital claims transformation in short term insurance
31-08-2021 | 08:59:09
Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organization, announced that Standard Bank’s short-term insurance business in South Africa has selected TCS BaNCS™ Cloud for Insurance to power its digital claims transformation and reaffirm its leadership in the region.
Sapiens International to provide cloud-hosted solutions to South African financial institution
30-08-2021 | 08:32:57
Sapiens International Corporation has announced that one of South Africa's top five financial institutions with nearly 10 million customers, has selected it as their transformation partner
Global drone insurance market to reach $1.41 billion in 2025, report
18-08-2021 | 09:06:00
The global drone insurance market is expected to grow from $1.06 billion in 2020 to $1.13 billion in 2021 at a compound annual growth rate, CAGR, of 6.1% according to a new report by Research and Markets.
Sanlam and MTN Group announce a strategic Insurtech alliance
12-08-2021 | 09:09:00
Sanlam and MTN Group have announced that they are joining forces in an exclusive strategic alliance (the Alliance) to distribute Sanlam Group insurance and investment products across Africa, further developing MTN’s mobile financial services business.
Africa Trade Insurance Agency supports Africa CDC in COVID-19 response in Africa
10-08-2021 | 15:57:25
As a partner in Africa's response to the pandemic, The African Trade Insurance Agency (ATI) has provided financial support of $250,000 to the Africa Centre for Disease Control and Prevention (Africa CDC).
Moody's enters definitive agreement to acquire RMS for $2.0 billion
06-08-2021 | 16:39:00
Moody's Corporation and RMS announced they have entered into a definitive agreement for Moody’s to acquire RMS, a global provider of climate and natural disaster risk modeling and analytics, for approximately $2.0 billion.
Naspers Foundry leads $8.3m Series A investment in South African insurtech startup Naked
05-08-2021 | 16:14:00
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 offers full digital insurance to cars, homes, and valuables.
AXA Egypt and B.TECH announce long-term home appliance insurance partnership
05-08-2021 | 10:51:04
The first phase focuses on providing insurance coverage for televisions purchased from B.TECH. Insurance will apply to all purchase methods, both online and in-stores.
UK announces £132m new investments in Kenya, backs Nairobi as an international financial centre
28-07-2021 | 09:58:00
TheCityUK signed a Memorandum of Understanding (MoU) with the Nairobi International Financial Centre Authority, establishing a formal partnership, including closer collaboration with the London Stock Exchange.
Price competition inhibits growth potential of Kenya’s insurance market, AM Best report
23-07-2021 | 08:59:54
Challenging economic factors in 2020 made it a difficult year for Kenyan insurers and reinsurers.
[Africa Tech Review] Duncan Mochama: African fintechs are diversifying to offer a wide range of complementary services
22-07-2021 | 14:29:56
Kenyan-based fintech startup Cellulant this week also received approval from Bank of Tanzania to Become a Payment Solution Service Provider.
[Column] Mthokozisi Maphumulo: Business insurance policies to rescue business amid the recent unrest and looting in South Africa
22-07-2021 | 09:05:00
The recent events of unrest and looting of shops in South Africa, particularly in KZN and Gauteng have certainly been worrying for business owners.
AfriGlobal Insurance Brokers launches AfriCover247 to revolutionize insurance service in Nigeria
21-07-2021 | 11:17:33
Nigerian-based AfriGlobal Insurance Brokers launched AfriCover247, a round-the-clock digital insurance transaction platform that will assist businesses, individuals and technology providers access and redistribute insurance products with ease.
Standard Bank offers to acquire 100% of Liberty Holdings, South Africa
21-07-2021 | 10:46:00
Standard Bank Group (SBG), is proposing to buy 100% of Liberty Holdings and to integrate Liberty more closely into the greater group.
[Kenya] CIC Group develops self-service portal for garages and vehicle assessors
15-07-2021 | 13:34:00
CIC Group has launched a claim’s self-service provider portal for Garages and Assessors to increase efficiency in the claims’ reconciliation process.
IFC partners with Holmarcom to expand access to insurance in Morocco, other parts of Africa
30-06-2021 | 10:39:00
IFC and Holmarcom, a Moroccan business group, have partnered to boost access to insurance products in Morocco and select countries in sub-Saharan Africa, with IFC investing in Holmarcom Insurance Activities.
[Africa Cloud Review] Simon Ngunjiri: Cloud is empowering African businesses with the certainty of a quicker time-to-value
28-06-2021 | 15:14:00
With cloud-enabled intelligent enterprise capabilities, organisations can achieve the speed needed to stay ahead of competitors and other disruptors while maintaining the certainty of measured, data-driven decision-making.
[Kenya] AAR Insurance partners with Safaricom to migrate to the cloud
23-06-2021 | 09:52:48
AAR Insurance has inked a deal with telecommunications provider Safaricom to roll out new technology infrastructure based on the Amazon Web Services (AWS) as part of its goal to be a full digital insurance company.