Insurance The Role of Insurance Regulatory Authorities in Consumer Protection infobima, February 23, 2024 Insurance plays a crucial role in our lives, providing us with financial security and peace of mind. However, with the complexity of insurance policies and the potential for disputes, it is essential to have a system in place to protect consumers. This is where Insurance Regulatory Authorities (IRAs) come into… Continue Reading
Insurance The Evolution of Insurance in Kenya: A Journey of Protection and Growth infobima, February 23, 2024December 4, 2024 Insurance plays a vital role in safeguarding individuals, businesses, and the economy as a whole. Over the years, Kenya has witnessed significant developments in its insurance industry, transforming it into a robust and dynamic sector. This article takes a closer look at the evolution of insurance in Kenya, highlighting its… Continue Reading
Climate Change Adapting to Climate Changes: How East African Underwriters are Paving the Way infobima, February 23, 2024 Climate change is a global phenomenon that has far-reaching impacts on various industries and sectors. East Africa, known for its diverse ecosystems and vibrant economies, is no exception. As the region experiences shifts in weather patterns, rising temperatures, and increased frequency of extreme events, the insurance industry, particularly underwriters, are… Continue Reading
Insurance How Telematics and AI are Shaping the Insurance Industry infobima, February 23, 2024 In recent years, the insurance industry has been undergoing a transformation, thanks to the advancements in technology. Two key technologies that are playing a significant role in this transformation are telematics and artificial intelligence (AI). Telematics, the combination of telecommunications and informatics, involves the use of sensors and GPS technology… Continue Reading