Insurance sector eyes growth through stronger bank partnerships

Kenya’s insurance sector is turning to stronger partnerships to accelerate growth and expand coverage. Speaking during an industry meeting in Mombasa, sector leaders highlighted bancassurance the collaboration between banks and insurers — as a key driver in increasing access to insurance products across the country. The model is enhancing trust, streamlining distribution, and deepening insurance penetration, marking a significant step toward inclusive financial protection for all Kenyans.