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Originally published by The Standard Business
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March 20, 2026
2h ago

Kenya's insurance industry faces its claims moment

Kenya's insurance industry faces its claims moment

The ability to understand why a claim outcome was reached often matters as much as how quickly it is delivered...

✨ Key Highlights

Kenya's insurance industry is experiencing a critical juncture as growth in premium volumes and assets highlights persistent structural weaknesses, particularly in claims processing.

  • Industry assets surpassed Sh1 trillion by the third quarter of 2025, with premium volumes reaching Sh352.29 billion.
  • Discussions at the inaugural Minet claims conference revealed how opaque and slow claims processes are undermining public confidence.
  • A significant gap exists between modern digital distribution and outdated, manual back-end claims handling, leading to negative customer perceptions.

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