Times have changed. Things have evolved. Businesses have been disrupted while others have lost their market share. In this new era, we run businesses differently. It is an actual revolution and I think the most (read all) insurance companies are slacking. They all seem to be blind to the millennial market seemingly oblivious to the […]
Maternal health care should be of primary concern to anyone looking to have a child. It is meant to monitor the health of the mother and the baby to ensure they are safe. It helps medical personnel track and flag any issues that may put the mother or baby at risk. The expenses incurred during […]
After 20 years in the making, the International Accounting Standards Board (IASB) has published the new accounting standard for insurance contracts, IFRS 17. It will be effective from 1 January 2021, with prior-year comparative reporting required. Here we provide a taster of the key changes to the recognition and valuation of insurance contracts that will […]
The ICT field is one that is characterised by numerous developments since its conception. It has proved its importance in our lives by becoming a ‘basic’ need for survival in the 21st Century world. The finance market, for example, has created new business opportunities for banks, investment firms and insurance companies, despite the sharp increase […]
Very few individuals think about retirement. To some, thinking about retirement is like thinking about death. Many people avoid the subject of thinking about their future when they retire. There are many living examples of people who lead a happy life while employed but become poor and depressed immediately they retire. The fact is that […]
Last week Resolution Insurance launched an affordable accident emergency medical cover for commuters in Public Service Vehicles (PSV). The Resolution Ziara emergency medical cover goes for Ksh. 70 per day per person and it will be sold at designated PSV terminus. Once the cover is purchased, the customer receives a wrist band with a unique […]
Many Kenyans do not have access to adequate basic healthcare for themselves and their families despite the fact that access to quality health care is a constitutional right. Only about 20% of Kenyans have access to medical coverage since public health insurance was made available in the 1960s, putting a huge financial strain on some […]
In most parts of the Horn of Africa, drought, crop and livestock disease threaten food production; and the fact that livestock provides an essential source of protein and is an irreplaceable income to almost 1 billion poor people, more needs to be done to protect this precious resource. Unlike other resources and commodities that are […]
I am always fascinated by the positive vibe that comes from Kenya-Shujaas winning their matches, athletes dominating the world, Kenyans crowd funding for others among other positives. It is also pleasant to hear that Kenyans are undoubtedly some of the most industrious people in Africa. It is evident from the thousands that flood the streets […]
A few years ago when I was in my final year of college, my classmates and I were obsessed with getting the dream job and how much our starting salaries would be. Several people were talking of starting salaries of up to Kshs. 250,000 or how they will not accept anything less than Kshs. 100,000. […]
Some few years back, the thought of travelling to somewhere new was met with a lot of uncertainty because a lot of things had to be done manually and in person. Now with technology creeping into every avenue of our lives, things are getting easier. This makes people want to travel more because they can […]
Since 1993, every third Sunday of November has been marked as the Day of Remembrance of Road Accident victims. Although this day was adopted by the United Nations in 2005, very little is known about it. It passes unnoticed by many people. However, anyone who has suffered severe injuries or has lost loved ones as […]
“I dread listening, reading and watching the catalogue of deaths and injuries every time from the media.” These were remarks made by Hon. Lee Kinyanjui, the chairman of National Transport and Safety Authority (NTSA) during the Association of Kenya Insurers (AKI) awards held on Thursday. Sadly, if drivers and other road users are not extra […]
Kenya, like many nations seeking to attain Vision 2030, is pursuing economic development through an industry based economic system. This has over the years led to significant changes in social and economic lifestyles. According to Pauline Gathuri, a senior manager for Life Insurance with the Association of Kenya Insurers (AKI), Kenya is transitioning from a […]
Here’s the ideal way to save for your future The daily rat race is your playing field. Work hard, play hard is your mantra. Indeed, your hustle is fulfilling, but are you saving for your future as hard? As a young person making money in the formal or informal sector, you can by all means, […]