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Originally published by Capital Business
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business
August 12, 2025
2mo ago

Old Mutual unveils Lady Anchor to close gender gap in financial services

Old Mutual unveils Lady Anchor to close gender gap in financial services

  NAIROBI, Kenya, August 12 - Old Mutual has launched Lady Anchor, a proposition designed to bridge the gender gap in financial protection and Kenya breaking news | Kenya news today |..

✨ Key Highlights

Old Mutual has launched Lady Anchor, a new proposition designed to address the gender gap in financial protection for Kenyan women by bundling health, life, and general insurance solutions with financial education and wellness resources.

  • According to the 2024 Old Mutual Financial Services Monitor report, 46 percent of working women experience high financial stress and 51 percent say it negatively impacts their health.
  • The solution targets women aged 25 to 65, extending coverage to principal members and spouses aged 18 to 79, as well as domestic workers.
  • Lady Anchor includes benefits like HPV and travel vaccines, hormonal replacement therapy, comprehensive health coverage, and value-added emergency rescue services for motor insurance.

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Jaza, Old Mutual, and Tatu City Pursue Growth Initiatives in Kenya - August 2025

Several companies are undertaking new initiatives in Kenya. Low-cost retailer Jaza is embarking on a significant expansion and is actively seeking new store locations across the country. In the financial services sector, Old Mutual has launched Lady Anchor, a proposition designed to address the gender gap by bundling insurance solutions with financial education for Kenyan women. Meanwhile, Deputy President Kithure Kindiki met with Tatu City leadership, including Rendeavour CEO Stephen Jennings, to discuss boosting Kenya’s investment climate via Special Economic Zones and reforming the coffee sector.

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