Tag: Resolution Insurance


Xplico Insurance Faces Collapse Weeks After Resolution

The insurance company has in the past year been dogged by consumer complaints, regulatory woes and boardroom wrangles over ownership.

Resolution: What’s Next for Stranded Customers

“Resolution Insurance owed creditors, had incurred claims worth Sh2.5 billion, and had collected premiums worth Sh4.1 billion as of December 31, 2020. The majority around Sh3.5 billion comes from medical business,” the Insurance Regulatory Authority (IRA) noted.

Resolution Insurance Clients to Get Upto Ksh250,000 Each – How to Claim

The collapse of Resolution Insurance  followed its failure to settle claims or honor obligations to creditors. There had been mounting complaints from consumers to the IRA over alleged breaches of contracts.

The Fall of Resolution Insurance

On Tuesday, April 5, the Insurance Regulatory Authority (IRA) confirmed the worst as it announced that the firm had entered receivership due to failure to meet capital adequacy requirements.

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

Cushioning Loved Ones and Assets Against Terrorism

Businesses, property, construction, motor vehicles and your medical insurance can all be catered for under the political violence and terror covers.

Future of insurance lies in innovation

Insurers should constantly be on the lookout for partnership opportunities across the board to help diversify and appeal to a larger target.

Wellness key to health and happiness, says insurer

Resolution Insurance says wellness is an active process of becoming aware of and making choices toward a healthy and fulfilling life

Stay in touch:



Don't miss

SasaPay To “Pay SMEs To Get Paid” Via New Cash-Back Model

SasaPay has introduced a new cash-back model designed to...

Gor Mahia Fan Who Correctly Predicted 15 Out of 17 Games Wins Millions

The 30-year-old, also an avid follower of English Premier League giants Manchester United, came close to the grand prize of Ksh334,783,843 SportPesa Jackpot.

In Race for African Leadership Award, Ruto Faces Tough Opposition

Among the contenders of the prestigious African of the Year award is Kenya’s President William Ruto, who will be battling it out with President Hakainde Hichilema of Zambia and Prof. Benedict Okey Oramah, President of Afrexim Bank.

Transforming Financial Inclusion: The Impact of M-Pesa in Kenya and Beyond 

Discover the profound impact of M-Pesa on financial inclusion in Kenya and beyond. Explore how this innovative mobile service revolutionizes transactions and shapes the future of finance globally.

All You Need To Know About Vaping

Vaping, the act of inhaling vapour produced by an...