"insurance" · 25 posts · 25 stories · 0 entities
After all was said and done, former CS Devolution Anne Waiguru recently made sensational claims that her life is in danger. Were there specific threats or was she simply pre-empting an occurrence that had become the norm during the Jubilee era? A helicopter took off Wilson Airport one Sunday morning, but unfortunately
Caption: On March 15th, Kenya Re-Insurance Corporation Limited announced that Mr. Jadiah Murungi Mwarania, who was the Managing Director for seven good years, has exited the company with immediate effect. Hey Sir, First is to appreciate you as a person and your zeal to take on the big shots riddled with scandals. W
The National Hospital Insurance Fund CEO Geoffrey Mwangi received a Ksh. 40 Million as Kickback, in a fraudulent deal that we highlighted today. According to sources privy to the deal, the CEO demanded a 10% cut in order to oil the process. The Ethics and Anti-Corruption Commission, headed by an old monk, promised to
DP Ruto Owns Struggling Amaco Auctioneers last week raided Amaco and took away several items the editor of this site has been tipped. Amaco is owned by DP Ruto and was among his first investments, we can confirm. A few days ago, auctioneers raided Amaco Mombasa road office and took tables, office chairs and even teacup
Kenya Pipeline Company (KPC) Limited Acting Managing Director Hudson Andambi, Appointed in December 2018 Dear Mr. Cyprian Nyakundi, I would like to expose looming corruption at Kenya Pipeline Corporation. Please find attached a copy of my complaint which I reported to the following investigative agencies:- EACC DCI O
Jubilee Holdings Limited (JHL) announced the appointment of Dr. Julius Kipng’etich as its Regional Chief Executive Officer (CEO) in January 2018 after intense lobbying, especially from the Deputy President William Ruto's wing. This site had questioned the integrity of the crooked boss who was fired from the Kenya Wild
Laurent Perrier, Bayer East Africa Managing Director Bayer East Africa is a chemical manufacturing company in layman's terms. Last Saturday we ran a story on how employees are going to be laid off after Bayer AG acquired Monsanto Kenya . The reason the company says is redundancy. The story of Monsanto and trying to
[ad_1] It has been established that businesses, individuals and households have spent more than Sh43 billion in premiums on non-existent insurance covers after agents failed to remit the payments to insurers, exposing the customers to heavy losses when they make compensation claims. Court documents by The Insurance Re
Resolution insurance company is on the spotlight following shocking exposure how a web of inside cartel swindles millions of shillings from the sick through fictitious charges under their medical cover. Players in the scam appear to be crook officials based at the company’s headquarter in Nairobi, working in cahoots w
After this site highlighted the shenanigans at the Kenya Red Cross owned Switch TV, a former staff wrote to us the following. The pain of the sacked staff is still throbbing. Kenya Red Cross Society (KRCS) is sinking, the Secretary General Abbas Gullet retires today and goes away for good. In his last years, he has p
[ad_1] James Olubayi is not a well-known individual but a billionaire in the Insurance industry, reports Kenyan Bulletin has can confirm. Apart from bribing mainstream media journalists, Olubayi is a well-known wheeler-dealer in the insurance industry and was at one time regarded as the head of the Kenyan insurance ca
[ad_1] Jubilee Insurance has laid off 52 off its staff members under its ongoing separation of core business arms. In a statement issued on Thursday, the insurer said it had made the roles which represent 8.2 percent of the 628 fulltime positions redundant following new found operational efficiencies from the enterpris
Kenya is a ‘man eat man society’ and has been emboldened more by the lack of honesty, runaway corruption and lack of respect for authorities and institutions since the ascendency to power of UhuRuto. Insurance Business has a 5 to 6 per cent penetration rate in Kenya and the way the insurance firms are treating clients
[ad_1] Virtual motor insurance certificates are now in the market following a roll-out process that commenced in October 2019 with motorcycle certificates. The virtual certificates will run concurrently with the physical certificates until the latter are phased out by mid this year. “Motor insurance customers should no
[ad_1] Motorists in Kenya will be required to upgrade their insurance cover certificates to digital copies by March. As this digital move begins to take shape, below is a guide on the new virtual insurance certificates: What is a virtual insurance certificate? This is a soft copy of the motor insurance certificate whic
Kenyans online are complaining about the manner in which Jubilee and Old Mutual Insurance companies have handled their claims. It all started when a Twitter user Maritim Kiprono narrated how Old Mutual medical cover is a scam 'which takes premiums but are not there to pay hospital bills'. https://twitter.com/maritim_
Japheth Magomere CIC Acting CEO In October 2019, CiC Insurance CEO Tom Gitogo abruptly quit due to bad business, the insurer immediately appointed Japheth Magomere as CEO in an acting capacity. There was a whopping 96 per cent dip in profits for the half-year ended June 2019. "Having posted a profit of Ksh537 million
Hannah Muriithi The rot at the National Hospital Insurance Fund (NHIF) is legendary. It is a systemic problem that newly appointed Health Cabinet Secretary Mutahi Kagwe will have a heavy responsibility to deal with. Deep-rooted corruption, mismanagement of billions of shillings of contributors’ monies and stints in
Allan Pamba, CEO, Nairobi Hospital Jubilee Insurance has been removed from the list of companies that medical insurance to patients seeking those services at the Nairobi Hospital. In a letter to Jubilee Insurance Group CEO Julius Kipng’etich, the Nairobi Hospital says the listed firm is yet to pay Ksh. 357million acc
The Kenya Medical Research Institute (KEMRI) is as corrupt as they come. In September 2015, reports of an audit showed misappropriation of funds where the management of the institution used a lot of money, in fact, millions of dollars on travel and conferences that did not yield much return. The US Centers for Disease
Isaiah Kubai, Secretary-General, Banking Insurance Finance Union The Banking Insurance Finance Union (BIFU) under ruler-for-life Secretary General Isaiah Kubai is doing elections 'chini ya maji'. On the 25th September 2020, the Registrar of Trade Unions Ms Elizabeth Gicheha wrote to all Trade Unions notifying them to
May 2017: Ag Director KEMRI, Dr. Gerald Mkoji and the Chairman of the sacked KEMRI BOM, Dr. Naftali Agata append their signatures on the Performance Contract The fraudulent medical scheme for the Kenya Medical Research Institute (KEMRI) staff has been canceled after the Cnyakundi.com exposé which led to the firing of
Turkana Governor Josephat Nanok The Turkana County Government floated some tenders for the Work Injury Benefits Act (WIBA) in which a couple of insurance firms tendered their proposals and one was selected. The drama began when Governor Josphat Nanok is alleged to have instructed a cancellation of the tender for re-adv
August 2018: Jubilee Insurance Chairman Nizar Juma (Center), Group CEO Julius Kipng’etich (Left) and GM Retail Business Nicholas Mruttu. A whistleblower at KNH has fingered Jubilee Insurance Company for introducing new terms to a tender for the provision of insurance services at Kenyatta National Hospital, which placed
BRITAM CENTRE One of the most important things in life is to leave an inheritance to the next of kin, mostly children. In the largely poor world, most people depend on life insurance whose premiums are cheap, to reach this dream. The downside however has been that most of us have heard that story where an insurance
...ate, Agrails, and Ibisa Network—to develop and test affordable insurance solutions for underserved Kenyan populations, including small and medium-sized enterprises (SMEs), informal sector wo...
The liquidation process of United Insurance Company Limited, which has over the years stalled due to protracted court battles and fierce opposition from lawyers representing shareholders and...
The clock is ticking for thousands of Kenyans who held insurance policies with Trident Insurance Company Limited. The Policyholders Compensation Fund (PCF) officially opened compensation cla...
...sold, injecting Ksh 1.8 billion into the balance sheet of CIC Insurance Group Plc and strengthening the company’s liquidity and overall financial position. CIC Insurance Group divests 150 a...
...fter the government failed to release their legally guaranteed insurance compensation. Instead of receiving timely payouts meant to cushion them after devastating losses, these families were...
...ur future and that of your loved ones is vital. UAP Old Mutual Insurance has emerged as a trusted provider, offering comprehensive insurance solutions tailored for individuals, families, and...
...rive across multiple African countries? The COMESA Yellow Card Insurance makes it easy and safe to move your vehicle across borders within the Common Market for Eastern and Southern Africa (...
...after this publication highlighted complaints against Trident Insurance over delayed claim settlements , new allegations have emerged pointing to even more serious lapses in how the company...
...to uphold its most basic obligation to its own workforce? CIC Insurance Group Plc , a cornerstone of Kenya’s cooperative and micro-insurance landscape, is now facing growing unease among it...
...ncial inclusion across Kenya significantly, the Association of Insurance Brokers of Kenya (AIBK) has announced a strategic partnership with Birdview Microinsurance Ltd. T This collaboration...
Insurance helps protect what matters most — your health, your car, your business, and your future. But how do you know which insurance providers you can trust in Kenya? That’s where licensin...
...Treasury to stop paying Godfrey Kiptum, the current CEO of the Insurance Regulatory Authority, who is still holding office even though his term ended earlier this year. In a letter marked "u...
...rpayment, a disgruntled transporter has exposed allegations of insurance fraud against Shari'ah-compliant risk management firm Takaful Insurance of Africa, where delays in investigation, que...
Monarch Insurance, a prominent player in Kenya’s insurance sector, is once again in the spotlight for its controversial handling of claims and customer service, as fresh complaints continue...
Corporate Insurance Kenya A disgruntled customer has reached out to this blog, complaining that Corporate Insurance, a leading firm in the industry, has not paid out matured policies to its...
...ade sure NHIF had a bigger budget than the consortium. These 3 insurance cartels don't even have accreditation in most of the rural areas in Kenya. National Police Service (NPS) medical insu...
Jubilee Insurance Chairman Nizar Juma (Center), Group CEO Julius Kipng’etich (Left) and former GM Retail Business Nicholas Mruttu. Jubilee Insurance has come under scrutiny for refusing to s...
PHOTO CAPTION: Jubilee Insurance House along Wabera Street in Nairobi. Disgruntled employees have accused Jubilee Insurance and Jubilee Allianz General Insurance of refusing to sign the nego...
Corporate Insurance Company An insurance company headquartered at the International Life House is at the centre of the storm after it failed to pay a policy on maturity. As per online source...
PHOTO CAPTION: The disgraced Monarch Insurance Company is suspected to be on the verge of collapse. Fears are rife that Monarch Insurance could soon be going under. The company is a composit...
Jubilee Insurance Chairman Nizar Juma (Center), Group CEO Julius Kipng’etich (Left) and GM Retail Business Nicholas Mruttu. An anonymous whistleblower at the Jubilee Insurance Company Limite...
...currently surviving without medical cover following a botched insurance brokerage tender by the Liaison Group. The company was recently awarded the business after outbidding three other fir...
PHOTO CAPTION: Corporate Insurance Company Management Team Corporate Insurance Company is on the verge of going under, reports now suggest. Hardly a week ago, this blog highlighted the pligh...
PHOTO CAPTION: Corporate Insurance Company Management Team This blog has received a complaint from an aggrieved citizen who seeks answers from Corporate Insurance of Kenya as to why they are...
...26, 2022, Faulu Microfinance bank launched a critical illness insurance cover to mitigate the financial burden on patients diagnosed with critical illnesses. The cover provides a payout of...
