BUSINESSFEATURED STORY

Britam Launches Insurance Cover For Electric Vehicles

Share
Britam Electric Vehicles insurance cover
Hilda Njeru, Company Secretary, Britam Holdings, and James Mbithi, CEO & Principal Officer, Britam General Insurance, at the launch of EV insurance cover.
Share

Britam General Insurance has launched an Electric Vehicle (EV) insurance cover in Kenya, designed to support the country’s growing shift to green mobility. The product, tailored for both fully electric and hybrid vehicles, positions Britam as a key player in accelerating Kenya’s transition to a low-carbon economy.

According to the Ministry of Transport and Infrastructure’s Draft National e-Mobility Policy, the government aims for EVs to constitute 5% of new vehicle registrations by 2025 — a sign of rising interest in cleaner transport. Britam’s new cover directly responds to this agenda and to the unique challenges faced by EV owners, such as high battery costs and limited repair infrastructure.

One of the cover’s standout features is the Battery Protect Cover Extension, which safeguards the most valuable component of an EV — the battery and electric motor system. Other benefits include coverage for personal charging equipment and an out-of-charge recovery service, which tows stranded vehicles to the nearest charging station.

“This EV Insurance cover shows how Britam innovates to meet evolving customer needs while supporting sustainable transport,” said Mr James Mbithi, CEO and Principal Officer, Britam General Insurance. “By providing tailored EV insurance, we are contributing to a low-carbon future while helping the market scale responsibly.”

> Survey Reveals Things Kenyan CEOs Are Most Worried About Today

Beyond EV-specific risks, the cover offers comprehensive protection against accidental damage, theft, fire, flooding and malicious damage, along with additional benefits such as political violence and terrorism cover, courtesy vehicles, road rescue, and excess protection — under Britam’s standard motor insurance terms.

Premiums are designed to stay affordable, with the flexibility of lump-sum payments or monthly instalments. The cover also extends to privately used electric motorcycles.

With this launch, Britam builds on its broader sustainability initiatives, including installation of three EV charging stations with six charging ports and a 183-panel solar car port at its Nairobi headquarters, underscoring its commitment to Sustainability.

> Kenya Re-Insurance Tops Biggest Gainers Table at the Stock Market

Written by
KALU MENGO -

Kalu Mengo is a Senior Reporter With Business Today. Email: [email protected]

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Gambling regulation in kenya
BUSINESSSMART MONEY

New Gambling Regulation in Kenya Tightens the Noose on Operators

New gambling regulation in Kenya, anchored in the newly enacted Gambling Control...

Coop Bank new structure
BUSINESS

Inside the Corporate Changes Under Co-op Bank New Structure

Co-operative Bank of Kenya Ltd will change its name as part of...

Sanlam Allianz profit 2025
BUSINESS

No Dividend For Sanlam Allianz Shareholders Even as Profit Hits Ksh832B

Sanlam Allianz Holdings (Kenya) Plc has delivered a resilient performance in 2025...

Person operating a fuel pump. PHOTO/Pexels
OPINION

What Awaits Kenya After the 8pc Fuel VAT Relief Expires

There are moments in economic policy where a small percentage looks harmless...