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Kenyan woman, 26, sets up country’s first digital car insurance company

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Jihan Abass, founder and CEO of Griffin Insurance, speaks during an interview with Reuters as they prepare to release their flagship digital-only car insurance company, in Nairobi, Kenya January 24, 2020.

Jihan Abass, a 26-year-old Kenyan woman, often walks into meetings full of puzzled faces as people crane past her looking for the boss of her new digital motor insurance company.

“They would be surprised to see that it was actually me,” said Abass from her bright office in Nairobi, where almost every wall is covered in dry-erase marker scrawls.

Abass is founder and CEO of Griffin Insurance, which released its flagship mobile application on Friday. Griffin is Kenya’s first digital-only car insurance company, which lets customers pay in instalments and pause coverage if they travel abroad. Griffin will process claims in a week rather than the industry standard of 30 days, she said.

“It allows you to buy your insurance policy in less than two minutes,” said Abass.

In addition to the app, Abass’ 14-person team has another company, Lami, that sells the technology platform used to build Griffin so other businesses can use it to create their own digital insurance products.

Lami raised half a million dollars in seed funding and aims to close a further funding round by March.

Abass, who grew up wakeboarding in the Indian Ocean at the weekend, always wanted to work in business. After graduating from university in London in 2015 she became a sugar trader and was one of a handful of women in the business, just as she is now.

Nairobi, a technology hub nicknamed “Silicon Savannah,” has attracted many entrepreneurs from places like the United States and United Kingdom.

“A lot of the CEOs here are not only men, but also foreigners,” Abass said. “You don’t really see faces like mine.

NAIROBI (Reuters)

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Business

NSSF to Collect Tenant Purchase Scheme Installments Through M-PESA

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Safaricom and the National Social Security Fund (NSSF) have partnered to empower customers on the NSSF Tenant Purchase Scheme through the M-pesa cashless platform.

The initiative saves customers on the scheme from having to travel and queue in a bank to make rent payments.

To make a payment, customers can dial *303*3#, key in their details and make payments from their M-PESA account.

The partnership will primarily target NSSF Tenant Purchase Scheme members in Nairobi’s Nyayo estate Embakasi, Hazina, Kitusuru, Mountain View and Eldoret’s Kapsoya estates.

Besides payments, the new service also provides the Scheme members with the capability to reconcile and generate reports of their payments and standing.

The NSSF Tenant Purchase Scheme provides a path to homeownership by enabling buyers to purchase a home over a period by making monthly installment payments to offset the cost.

Besides installment payments, the Tenant Purchase Scheme equally serves NSSF Tenants and provides an avenue to make service charge payments too.

Today’s (March 30th, 2020), the announcement is the latest in a raft of measures rolled out by the two organizations to provide NSSF customers with increased convenience and speed when accessing services.

Starting March 2019, NSSF began the rollout of an entirely cashless system across its entire branch, providing for member benefit contribution through the Paybill 333300 or by dialing *303*1#.

In February 2020, NSSF extended its Haba Haba innovation to digital taxi operators, providing a one-stop-shop where digital taxi operators can make their member contributions, make NHIF contributions, get insurance and receive a daily, discounted data bundle. The solution is also available on *303*2#.

“This partnership with NSSF ushers a new era for their Tenant Purchase Scheme customers empowering them to make payments from the comfort of their homes through M-pesa wherever they are, and at any time,” said Sitoyo Lopokoiyit, Chief Financial Services Officer, Safaricom.

“NSSF has adopted a strategy to go digital by placing all our services at the convenience and comfort of our customers. Partnering with Safaricom has made it possible to achieve this goal by taking advantage of the unique, world-class capabilities they provide through M-PESA,” said Dr. Anthony Omerikwa, CEO, National Social Security Fund.

The service also seeks to combat the spread of Coronavirus by providing the Scheme’s members with a cashless payment solution which helps them limit their movement and physical contact when making payments.

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Jambojet Reduces Flights to Local Destinations

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Following a decline in passenger numbers due to the ongoing Covid-19 pandemic, Jambojet wishes to inform its customers and the general public that we have reduced our flight frequencies to all local destinations to operate with effect from 20th March 2020.

  1. Mombasa – 28 weekly flights
  2. Malindi – 10 weekly flights
  3. Ukunda – 7 weekly flights
  4. Kisumu – 13 weekly flights
  5. Eldoret – 13 weekly flights

All affected passengers have been contacted and updates to their flight schedule communicated. We sincerely regret the inconvenience this will cause.

The airline encouraged passengers to adhere to essential travel during this period as relevant agencies work towards containing the spread of the virus.

Jambojet has placed the safety of its customers and employees as its top priority and advised them to exercise caution and adhere to the guidelines provided by the Ministry of Health.

 “We shall continue to assess the situation and review the schedules from time to time depending on the volume of bookings,” read a statement from Jambojet

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Betway Casino is back.

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Betway casino is back. With an array of different casino options including slot games, tables, video poker, and scratch games, Betway continues to show its commitment to providing an exceptional gaming experience to its customers.

The platform offers popular games such as kings of cash, roulette, deuces wild poker, playboy and cash of kingdoms that are available for players to try your luck on. Each game has a minimum wager tagged to it.

With the recent suspension of sports leagues across the world following the outbreak of the Corona Virus, this product will offer an alternative for gamers to continue entertaining themselves.

Apart from the casino, online gamers also gave the option of eSports which are competitive level gaming that involves teams of people playing games against each other at a professional level, regularly winning huge sums of money as prizes.

For more of these markets and experience please visit https://www.betway.co.ke

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