Tag: Technology

NewsLeave a comment

To thrive, digital transformation must take precedence in the insurance industry

Kimani Chege

By Fred Ruoro In Kenya, as in many parts of the world, the insurance sector is fundamentally revered as a   provider of financial security and stability to individuals and businesses alike. However, despite its importance, the industry has often been perceived as a slow adopter of new technologies in favour of its  traditional modus operandi. To truly expand and thrive in the post pandemic era, it is imperative that the Kenyan insurance industry embraces digital transformation and innovation in line with evolving consumer patterns. According to the 2023 Economic Survey by Kenya National Bureau of Statistics, Kenya’s insurance penetration rate … Continue reading To thrive, digital transformation must take precedence in the insurance industry

UncategorizedLeave a comment

Minet underscores its commitment to Quality Service as it retains ISO 9001:2015 Certification

Kimani Chege

Insurance and risk management solutions provider, Minet, has retained its ISO 9001:2015 certificate following a rigorous review of its processes and service offerings that adhere to international benchmarks. The recertification was received from SGS Kenya, the world’s leading inspection, verification, testing, and certification company. Making the announcement, Sammy Muthui, Minet Kenya’s Chief Executive Officer has said: “We are thrilled to achieve re-certification to the ISO 9001:2015 standard, which affirms our steadfast dedication to quality and customer-centricity. This milestone reinforces our promise to deliver unparalleled service and uphold the highest standards of excellence in everything we do.” Mr. Muthui reiterated Minet’s … Continue reading Minet underscores its commitment to Quality Service as it retains ISO 9001:2015 Certification

NewsLeave a comment

CIC Insurance Group records 209% growth in profit before tax to Kshs 2.5 Billion in FY 2023

Kimani Chege

CIC Insurance Group Plc is pleased to report a Profit Before Tax of Kshs 2.5 Billion for the year ended December 2023 compared to the restated Profit before tax of Kshs 823 Million recorded in 2022 representing a 209% growth. The strong performance was largely attributed to the growth in insurance revenue and improved investment income during the year.  The business maintained a growth trajectory driven by the execution of our transformational initiatives focusing on customer experience, performance management, operational efficiency, digital transformation, research and innovation, cost competitiveness and debt management among others. We are also pleased to report that … Continue reading CIC Insurance Group records 209% growth in profit before tax to Kshs 2.5 Billion in FY 2023

Lifestyle, TechnologyLeave a comment

Introducing four new Nokia smartphones: delivering pioneering experiences across the range and true innovation in imaging

Kimani Chege

Nokia smartphone portfolio continues to deliver the best Android™ experience that always gets better over time Introducing: Nokia 9 PureView – featuring the world’s first five camera array with ZEISS Optics to put next generation computational imaging technology into the … Continue reading Introducing four new Nokia smartphones: delivering pioneering experiences across the range and true innovation in imaging