BuyRentKenya, the trusted real estate company in Kenya, is excited to announce its partnership with mTek-Services, a cutting-edge insurtech company specializing in digital online insurance solutions.
This collaboration aims to transform the landscape of home insurance in Kenya by introducing a fully digital, paperless ecosystem for customers.
mTek-Services brings to the table its innovative Business-to-Customer digital online insurance platform, which provides a seamless and convenient way for individuals to access insurance products.
With a strong focus on digitization, mTek aims to simplify the insurance process, making it more accessible and efficient for consumers.
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As part of this partnership, BuyRentKenya will leverage its extensive network and expertise in the real estate industry to promote and facilitate the adoption of home insurance solutions offered by mTek-Services.
This collaboration will not only streamline the insurance purchasing process but also enhance the overall customer experience, providing peace of mind to homeowners and renters across Kenya.
In Kenya, the insurance penetration rate is around 2.4%. Within this, home insurance represents a fraction, significantly lower than the overall average. This highlights a gap in coverage for homeowners and renters, indicating potential for growth and increased awareness in this sector.
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One of the key highlights of this partnership is the involvement of GA Insurance Kenya as the underwriter for the home insurance products offered through mTek’s platform. GA Insurance Kenya brings with it a wealth of experience and expertise in the insurance industry, ensuring that customers receive comprehensive coverage and reliable service.
“We are thrilled to partner with mTek-Services to revolutionise home insurance in Kenya,” said Elizabeth Costabir, CEO at BuyRentKenya. “By combining our strengths and resources, we aim to create a seamless and user-friendly insurance experience for homeowners, ultimately enhancing the protection and security of their properties.“
“We are excited to collaborate with BuyRentKenya to bring our digital insurance platform to more homeowners in Kenya,” said Bente Krogmann( CEO Mtek ) “Our goal is to leverage technology to simplify the insurance process and provide greater accessibility to insurance products. Together with BuyRentKenya, we are committed to driving innovation and digitization in the insurance industry.”
This partnership represents a significant step towards digitizing insurance in Kenya and revolutionizing the uptake of home insurance. By leveraging technology and industry expertise, BuyRentKenya and mTek-Services are poised to make a lasting impact on the insurance landscape, benefiting homeowners and insurers alike.
BuyRentKenya is the trusted real estate company dedicated to seamlessly connecting individuals with their ideal properties across Kenya. Utilizing cutting-edge AI technology, we specialize in matching you with the perfect real estate agency, private seller, or landlord, ensuring a tailored and efficient property search experience. Committed to innovation and customer satisfaction, BuyRentKenya is your trusted partner in navigating the vibrant Kenyan real estate market.
mTek-Services is an insurtech company based in Kenya, providing a platform as a service which is aiming to improve the insurance ecosystem in Africa through technology and by connecting the whole ecosystem.. With a focus on leveraging technology to simplify the insurance process, mTek-Services is dedicated to providing convenient and accessible insurance products to customers.
For more information, visit the home insurance web page where you can securely and seamlessly buy your policy.