Episode 52: Kenya Orient Life Assurance

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.Subscribe to get notified when we make a new post.Show Notes00:00:00 Introduction00:01:30 Insurance vs Assurance00:05:39 Insurance Industry Players00:12:53 Growth Strategy00:15:12 Jackson’s Career Journey00:17:21 Challenges and Opportunities00:28:20 NSSF Act Implementation00:35:30 IFRS 17's Impact00:38:58 Claims Settlement and Eligibility for Cover00:46:10 Getting into the Insurance Industry00:47:28 Revenue Generation and Investments00:53:41 Future Outlook and Closing Thoughts Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe