In this episode recorded on 20.04.2023, we hosted Jackson Muli, the principal officer at Kenya Orient Life Assurance, to discuss the company’s business and future prospects.
We also covered the basics of insurance and assurance, the implementation of the new NSSF Act, the impact of IFRS 17 on the insurance business, and investments.
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Show Notes
00:00:00 Introduction
00:01:30 Insurance vs Assurance
00:05:39 Insurance Industry Players
00:12:53 Growth Strategy
00:15:12 Jackson’s Career Journey
00:17:21 Challenges and Opportunities
00:28:20 NSSF Act Implementation
00:35:30 IFRS 17’s Impact
00:38:58 Claims Settlement and Eligibility for Cover
00:46:10 Getting into the Insurance Industry
00:47:28 Revenue Generation and Investments
00:53:41 Future Outlook and Closing Thoughts
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