🇰🇪 Kenya 6d ago · Aly S. Maherali, Chief Executive Officer, Executive Healthcare Solutions

From risk to resilience: Why East Africa must rethink insurance

KBC Kenya
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From risk to resilience: Why East Africa must rethink insurance
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Across East Africa, insurance remains one of the most misunderstood financial tools despite its growing importance in everyday life and business. Insurance penetration across the region remains low roughly 2.4% of GDP in Kenya, about 2.1% in Tanzania, and under 1% in Uganda underscoring both the scale of under protection and the opportunity for growth.
For many people, insurance is something considered only after a crisis unfolds after a hospital admission, a vehicle accident, a fire, or an unex

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