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
Johnnie Walker Blue Label limited edition
BRAND VOICENEWS

In Johnnie Walker Blue Label Limited Edition, a Blend of Global Icons of Craft and Creativity

Johnnie Walker, the world’s leading Scotch whisky, has launched a new limited-edition...

Investing in stocks Kenya MT5
BRAND VOICESTOCKS

Rising Demand For Global Stocks Pushing Kenyan Traders Towards MT5

Kenyan traders are widening their horizons, and global equities are increasingly part...

NMG CEO Nation. Media Group
BUSINESSMEDIA

Media Giant Without Bureaus: NMG on Why It’s Closing Regional Offices

The Nation Media Group (NMG) management has confirmed plans to close regional...

Treasury CS John Mbadi
BUSINESS

Treasury Raises Ksh290B in Fresh Eurobond to Refinance 2028, 2032 Debt

Kenya has raised Ksh 290 billion (about $2.25 billion) from international markets...