MIC Named in Kenya’s Top 100 Mid-Sized Companies
November 23, 2018Press Release
Nairobi, Kenya, November 14th — MIC Global Risks has brokered a partnership that enables Britam General Insurance to provide free All-Risks insurance cover for select appliances purchased at Hotpoint outlets nationwide and online.
This cover, valid for 12 months from the date of purchase, brings customers a first-of-its-kind benefit in the Kenyan market, providing automatic insurance protection at no extra cost, activated the moment an eligible appliance is purchased.
Eligible products include refrigerators, freezers, televisions, selected audio equipment, laundry and dishwashers, cookers (excluding table-tops), and room air conditioners.
Customers will be protected against accidental damage, power surges, fire and water damage, transit loss, theft and burglary, and political violence & terrorism. The partnership also includes a repair-or-replace guarantee, ensuring quick restoration or replacement of damaged items.
This collaboration leverages the strengths of each partner: Hotpoint, one of the region’s most trusted distributors of electronics and home equipment, will provide customer support and product verification through its nationwide service centres, MIC Global Risks, a leading insurance broker with presence in East Africa will provide support for seamless delivery of the product offering, while Britam General Insurance, a leading provider of home and household protection, will underwrite the policy and oversee claim approvals and settlements.
With rising cases of accidental damage and power-related incidents in homes across Kenya, the cover offers timely and relevant protection for essential household appliances.
Quotes:
Puneet Chawla, Chief Operations Officer and Principal Officer, MIC Global Risks:
“This partnership reflects our commitment to delivering innovative insurance solutions that meet the evolving needs of Kenyan households. By working with Britam and Hotpoint, we are making protection accessible and effortless—customers enjoy peace of mind from the moment they purchase their appliance, from their trusted retailer, Hotpoint.”
James Mbithi, Britam General Insurance CEO & Principal Officer:
“Our goal is simple: to make everyday life more secure for our customers. By pairing Britam’s expertise in home insurance with Hotpoint’s trusted range of appliances, we deliver innovative, customer-focused solutions that bring peace of mind right into the home,”
About MIC Global Risks
MIC Global Risks (MIC) is a leading insurance and reinsurance broker with a strong presence in East Africa. MIC is an approved representative of MARSH, a global leader in Insurance Brokerage and Risk Management with over 150 Years in the market. MIC specialise in delivering innovative risk solutions for businesses and individuals, leveraging global expertise and local market insights. MIC Global Risks’ mission is to make insurance simple, accessible, and relevant by partnering with trusted providers and creating products that meet the evolving needs of our clients.
About Britam Holdings Plc
Britam is a leading diversified financial services group listed on the Nairobi Securities Exchange. The group has presence in seven African countries including Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique, and Malawi. Britam offers a wide range of financial products and services which include Asset Management, Life Assurance, Retirement Planning, Trust Services, General Insurance, Health Insurance, Banking, and Property. These solutions resonate with our purpose of Safeguarding Dreams and Aspirations.
For more information, please visit: http://www.britam.com
