Wednesday, October 16, 2024

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TKWS sits down with Stephen Lokonyo – MD of one of Kenya’s oldest companies

The importance of insurance cannot be underestimated in any economy. For businesses, the cost of insurance is often far less than the costs they’d incur incase of disasters. However, 98% of the Kenyan economy is Medium and Small Enterprises (MSMEs) with little to no capacity to handle risk… Lokonyo says that First Assurance is broadening its insurance option to craft a unique and affordable cover which is in tandem with the needs of a small business.

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