Tag: mTek

mTek Launches Ksh30 Personal Accident Cover For Interns

Digital insurance platform mTek has deployed four low-cost micro-insurance products targeting students on internship starting from as low as Ksh30 a month. mTek, which recently raised Ksh402 million in additional funding for its products’ expansion plans, says the new offerings - Loyalty PA, and BeSmarter...

Sanlam Kenya Launches Flexi Hela To Enhance Insurance Penetration

Local non-bank financial services provider Sanlam Kenya has launched Flexi Hela, an innovative, flexible savings solution with a guaranteed return. The life savings product to be administered by Sanlam Life Kenya features a life cover for up to four dependent children with access to accrued...

mTek Secures Ksh340M Investment For Digital Insurance Penetration

Kenyan insurtech and digital insurance platform mTek has secured an investment commitment from African-focused fintech platform, Finclusion Group, totalling $3 million (Ksh340 million) - through both debt and equity. This comes on the heels of a recent $1.50 million (Ksh170 million) investment which helped to...

mTek App Digitizing Insurance Amid Covid-19 Pandemic

Just like any other industry, the insurance sector is witnessing a seismic shift towards the adoption of new technologies