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@kna Fri, 10 Jul 2026 05:04:21

Digital banking fuels bancassurance growth as industry bets on customer trust

The bancassurance sector is experiencing remarkable growth, driven by the implementation of the Insurance (Bancassurance) Regulations, 2020, and the integration of insurance services into mobile banking platforms, creating a one-stop financial services solution for customers. According to the Insurance Regulatory Authority (IRA) Insurance Industry Report 2024, Kenya has 25 licensed bancassurance intermediaries. The report indicates...

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