The insurance sector in Kenya has been growing over the years. Although the penetration of insurance in the country is still low, analysts in the sector project that the sector is destined for greater things in the near future.
Technology is increasingly changing how insurance products and services are consumed in the country. One such technological innovation that is set to change the insurance sector in Kenya is the newly developed CoverApp. CoverApp is an insurtech solution that allows clients to access and purchase insurance within seconds and on-the-go.
The developers of this App seek to make insurance purchase faster, convenient and delightful wherever and whenever. The App makes the process simple – all one needs to do is take pictures of the items they want insured and upload them on the app. During a claim, it is also just a few clicks and pictures and one is done.
According to the developers of this App, their purpose is to offer simple and affordable covers for the things people value the most in the office and at home. Starting at 100 shillings per month, one can cover electronics, home appliances and furniture. The developers plan to include a variety covers such as motor insurance, travelling insurance in future.