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In this first episode of Season Two of the Investing Like an Executive series, our CEO Andrew Barden sits down with Lokonyo Stephen, the MD of First Assurance, to learn more about Kenya's insurance industry, find out more about FA's new products, and hear the story behind Mr. Lokonyo's career which led him to where he is today. WATCH full video below: https://lnkd.in/dVVAYeR3

I recently had the honor of sitting down with the MD of First Assurance - a nearly 100 year old insurance company in Kenya! Thank you to Lokonyo Stephen for helping me officially launch season two of The Kenyan Wall Street's 'Investing Like an Executive' series! Here's what I learned from our conversation:- ✅ 2.3% - The level of insurance penetration in Kenya among businesses. This lags behind the African average of 3% and a global average of 7%. ✅ 98% - The number of MSMEs in Kenya with little to no ability to handle risk. Stephen reiterated First Assurance's commitment to building products and services that are beneficial and affordable for MSMEs. ✅ eCommerce'd Insurance - First Assurance has become one of the first in the market to digitize its offering so customers can more efficiently pitch the products they need, file and track their claims, and communicate with their account managers more effectively. ✅ Banks - Kenyan banks now hold licenses to carry and sell insurance products. Companies like First Assurance have been better enabled through bank partnerships to drive insurance penetration and serve more customers. Needless to say, #insurance in #kenya still has a long-way to come but players like First Assurance are taking the necessary steps forward to provide innovative products in this digital age!

While Deutsche Rück is well known in parts of continental Europe, it is something of a newcomer to the Middle East markets. We caught up with the #reinsurer’s Mr. Tarik Aouad to talk about recent performance and how he thinks the #business will grow and develop in the region. ✍️ Article written by: Paul McNamara #MiddleEast #Insurance #InsuranceIndustry #InsuranceMarkets #Reinsurance #Reinsurers #ReinsurancePerformance Deutsche Rück Group

The final part our TPA Knowledge Series is here! Experts Jayne Bok and Sue Brake joined Steven Novakovic, CAIA, CFA to discuss what it means to work at organizations that employ the TPA model. Watch the full video as we leave it on a cliffhanger here: https://bit.ly/3V26y2D #investing #TotalPortfolioApproach #CAIATPA

PruLife Uk's Elite Series PruLife Uk's Elite Series has the largest premium allocation for VULs in the insurance industry in the Philippines. It offers high investment allocation while providing extensive insurance coverage benefits. I love this policy and I have an Elite 15 policy as well. I hope this video helps you understand the financial - investment aspect of the Elite series policies. Remember, investing is a long-term commitment, no matter what vehicle you invest in. Xoxo, Your Financial Coach #Investment #PrulifeUk #Elite #insurance #VUL #learn #financial #financialeducation #financialliteracy #financialfreedom #money #moneytalks #moneymindset #Philippines

In today's market, winning is hard. At NIP Group, we understand the obstacles you face—rising rates, fewer placement options, and heightened risks. Our goal is to support you and help you thrive in this environment. Learn more about how we are helping our broker partners win here: https://hubs.li/Q02KW_2z0 #hardmarket #insurancebrokers #NIPGroup #specialtyinsurance

Excellent news, and an excellent business fit for Clear and Porticus.

Top 2️⃣0️⃣ #ITtrending stories from Q2 2024 🔥 At number 9: UK dubbed ‘Wall Street of insurance’ as international interest in acquisitions grows ’I would not be surprised if there [were] more internationals coming into the UK,’ says co-chief executive James Cowen #insurance #insuranceindustry #insurancenews #ukgi #insurancebroker #brokers #broker #insurers #insurer #mgas #mga #b2b https://lnkd.in/eBwpTNT8

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