The insurance industry, often functioning traditionally, has recently had to play a technology catch-up to a fast-changing business environment. With the business landscape constantly evolving and technology rapidly advancing, artificial intelligence has become more entrenched in everyday life across industries, making it impossible to ignore. Kenya’s insurance sector has now actively embraced technology adoption, which is not surprising. Kenya has often tagged the ‘Silicon Valley’ of Africa, the hub for technology innovations, and the insurance space has fully embraced adoption to remain competitive not only with the sector but with other sectors such as financial services, health, and manufacturing, which…
Author: By Eugene Sanya
AI powered technology improving maternal and child health. [Courtesy] The insurance industry, often functioning traditionally, has recently had to play a technology catch-up to a fast-changing business environment. With the business landscape constantly evolving and technology rapidly advancing, artificial intelligence has become more entrenched in everyday life across industries, making it impossible to ignore. Kenya’s insurance sector has now actively embraced technology adoption, which is not surprising. Follow the The Standard channel on WhatsApp Kenya has often been tagged the ‘Silicon Valley’ of Africa, the hub for technology innovations, and the insurance space has fully embraced adoption to remain competitive not only with the sector but with…