Jubilee Insurance last week launched three digital products aimed at enhancing uptake and better service delivery. The listed firm’s chairman Nizar Juma said the three products, JubiCare, JubiAgent Medical and JubiAgentMotor will provide insurance products from a Jubilee Insurance App downloadable for free from Google Playstore. Users of feature phones will also access the services
Clients of Geminia Insurance Company have a reason to smile after the firm launched a special cover that caters to both motor vehicles and the life of the car owner in the event the insured dies. The cover, which was launched over the weekend, will now have insurance clients only pay car premiums but in
Kenyan insurance comparison platform MyInsure wants to address the challenges hindering the local and pan-African insurance markets by taking the industry online. With insurance products currently achieving only limited traction in most African markets, Kennedy Kioko, chief executive officer (CEO) of MyInsure says there are a myriad of obstacles imposed by both consumers and providers holding back
Jubilee Insurance is betting on investment in new fraud detection systems to tame an upsurge in dubious claims. Regional Chief Executive Julius Kipng’etich said yesterday fraudulent claims had hit record highs, especially in the medical and private motor segments, eating into the underwriter’s profits in recent years. “Fraud is very serious, especially in the medical
The insurance industry is a powerhouse both locally and abroad as it employs thousands of people. However, it is subject to increasing number of pressures that have threatened its business model over the years. These companies are tasked with a growing number of premiums in a competitive market in part by structural changes and new
The chat assistant, known as Julie (Jubilee Insurance Live Intelligent Expert) is the first bot or AI-powered chat assistant of her kind in the insurance industry in East Africa. She will assist customers on Facebook Messenger with their everyday insurance queries just like a customer care representative. Jubilee Holdings Regional CEO Julius Kipnge’tich said Julie
Insurance agents and brokers have been urged to use technology to avoid losing their market share to new developments. “Since insurers are investing more on these platforms, agents and brokers will have to be able to invest in a platform,” Resolution Insurance managing director Alice Mwai told the Star. The insurance industry, like other sectors
Client-driven fraud has risen to rank among the leading threats to the modern corporation, according to a newly-released global economic crimes report. PricewaterhouseCoopers (PwC) says in the report that up to 37 per cent of Kenyan firms suffered client-led fraud in the past couple of years, placing customers among the biggest economic threats to business.
The Insurance Regulatory Authority has set up a taskforce to draft policy guidelines that will inform on how the industry will leverage on the Big Four agenda focus on universal healthcare. The regulator has further rolled out nationwide insurance mobile clinics aimed at educating the public and small businesses about benefits of having insurance covers.
We have received our ISO 9001:2008 certificate which is proof that we have come of age and that our dream to become the leading most reliable insurance brokerage house in the region is not farfetched. We are committed to our clients in providing valuable and professional services at all times.
We ensure safe and secure payments using Credit Cards like Visa and accept mobile money payments like MPESA through the main mobile money networks. We make sure that all payments on our platform are recorded and securely transmitted.