Fire & Perils Cover

Fire & Perils Cover

Fire and peril cover is a policy that will indemnify the insured against the loss of or damage to the property insured arising from fire as well as from allied perils such as earthquake, explosion, riot and strike, malicious damage, Special perils A-H, etc. Loss destruction or damage to the property by fire described in…

WHAT INSURERS ARE USING TO CURB FRAUD

WHAT INSURERS ARE USING TO CURB FRAUD

The Association of Kenya Insurers (AKI) has developed a virtual motor insurance certificate to curb insurance-related fraud in the industry.

The insurance industry umbrella lobby said Monday that the digitisation of the insurance certificates will break an elaborate motor vehicle fraud scheme that has been bleeding the industry of millions of shillings through fake multiple claims. Digitisation is also expected to increase efficiency.

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