BUSINESS

Pioneer Insurance Steps Up Expansion Into More Counties

Share
Pioneer Insurance Ltd
Pioneer Insurance and Gospo Insurance Agency recently launched in Narok and Bomet.
Share

Pioneer Insurance Ltd, in partnership with Gospo Insurance Agency, has intensified its grassroots presence in its quest for market dominance in the next five years. Group Managing Director & CEO, Mr David Ronoh, says Pioneer Insurance Ltd has also roped in religious organisations and intermediaries to entrench financial protection in the rural areas

Last Saturday, Pioneer Insurance and Gospo Insurance Agency launched the Narok and Bomet branches. The strategic partnership now moves to six other counties namely Nyamira, Kisii, Uasin Gishu, Nandi, Nakuru and Kericho.

Mr Ronoh says the expansion outside Nairobi seeks to deepen expansion of its product and services to Kenyans at the bottom cadre of the economic pyramid. “We want to protect every hustle, secure their current investments and together invest in the future,” he said.

He added that the last mile delivery of financial protection to the villages, market centres and major towns across the country calls for strategic collaborations with complementary businesses such as Gospo Insurance Agency (GIA), combining with Pioneer’s century-old heritage with community roots.

“Investing in our people is an act of faith in them. We are diversifying from Nairobi, starting with the Narok office as a hub for our South Rift operations,” he says

Dr Augustine Rugutt, Gospo chairman, says the partnership will boost provision of premier insurance solutions to customers. “Our partnership with Pioneer is significant because our customers lives matter.,” Mr Rugutt said. “We want to offer insurance solutions through our trusted pillar of protection and guarantee peace of mind to customers ”

Pioneer’s long-standing heritage has seen the firm consolidate its market strength in the life, pension and general policies as well as savings and emergency solutions. Established in 1930, Pioneer Insurance became the first provider of policy covers to Africans and the Asian community in pre-independent Kenya.

> Former KTN Journalist Named Press Secretary For Ruth Odinga

Written by
BT Reporter

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published.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

PAST ARTICLES AND INSIGHTS

Related Articles
Absa Bank Kenya
BUSINESS

Absa Africa Financial Markets Index Report Set to launch in October

The Absa Africa Financial Markets Index Report will be launched October 14th...

Cooperatives & MSME CS Development CS Wycliffe Oparanya. Development CS Wycliffe Oparanya.
SACCOs

Draft Cooperatives Bill Held Hostage by ‘Vested Interests’ as Senate, Parliament Differ on Amendments

The Cooperative sector is eagerly waiting for the Senate and Parliament to...

Sameer-Africa Business Park on Mombasa Road
BUSINESS

Sameer Africa 2026 Half-Year Net Profit Jumps 19.9% to KSh103.89 Million

Sameer Africa Group Plc posted a 19.86% rise in half year net...

CBK
BUSINESS

CBK Receives Ksh22.6B in Bids as Investors Back Treasury Bond Switch

Investor appetite for government securities remained strong after the Central Bank of...