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common terms and provisions in a life insurance policy document

aki

BizConnect is about conversations with businesses and in particular SMEs.

BizConnect is an initiative by AKI that aims to create a platform for insurance companies to have conversations with SMEs. Conversations about the entrepreneurial journey the challenges faced and solutions that insurance companies can provide to address some of these challenges.

The first BizConnect was held on 21 st April 2017 with over 70 SMEs from manufacturing, ICT, financial services, education, consulting and construction sectors attending.

The conversations at the first BizConnect led by three speakers, who are also SME owners, focused on addressing three challenges faced by SMEs. The topics included separating the business person from the business by Joram Mwinamo, Managing Director Wylde International; scaling up by Hellen Kimani, Director at Kevian Industries popular for pic &peel juices; hiring the right talent by Dorcas Wainaina, Executive Director, Institute of Human Resource Management. She’s also a Human Resource Consultant and founder of Midas Schools.

AKI will continue to engage businesses to better understand their needs.

Youth are seen as a significant segment that can boost insurance penetration in the country given their population numbers. Insurers have an opportunity to create a foundation and build loyalty to provide insurance coverage throughout their lifetime.
It is with this in mind that in 2013, AKI carried out a survey on youth needs assessment and disseminated the same to the industry. In 2016, AKI reviewed the market to determine which insurance products member companies have developed that are targeting the youth. Few products stood out. AKI went further and gathered information from different sources that will add value to the initial findings and provide insights that will help unlock this potential area.
Read the full Youth and Insurance paper here

aayaThe AKI Agents of the Year Awards, is an annual event whose sole purpose is to bring together the insurance industry to recognise top performing insurance sales agents.
The event also motivates insurance sales agents to sell more policies and at the same time also sell high value policies. The competition is also a way to guard against mis-selling and improve on after sales services so as to improve persistency. In other words, reduce the level at which policies are cancelled or terminated by customers before they mature or claimed.

The Association of Kenya Insurers, the umbrella body of all insurance companies in Kenya, works in liaison with the

Agriculture Insurance Research

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