Equity Life Assurance (Kenya) Ltd (\u2018ELAK\u2019) which is fully owned by Equity Group Insurance Holdings Limited (EGIHL), a subsidiary of Equity Group has been issued a life insurance license.The license will enable ELAK to provide life insurance solutions to an underserved market and contribute towards the vision of Equity Group to transform lives and expand opportunities for wealth creation.<\/p>\n
Speaking while receiving the licence from Commissioner of Insurance, Insurance Regulatory Authority Godfrey Kiptum at the IRA headquarters, Ms. Angela Okinda, the Managing Director and Principal Officer of ELAK said, \u201cELAK will contribute to the trusted Equity brand by providing inclusive, <\/em><\/strong>affordable, innovative and accessible insurance products to a majority of Kenyans who are not utilising <\/em><\/strong>insurance solutions to secure much needed protection of their lives, health and wealth, or secure their <\/em><\/strong>financial futures through savings solutions. Our commitment is to provide consumers with freedom and ease of access to insurance solutions, payment and placement of their insurance coverage, as well as support and advice during the life of the policy. ELAK will also ensure easy access to insurance <\/em><\/strong>solutions through multiple distribution channels. ELAK\u2019s provision of insurance will be refreshingly <\/em><\/strong>different, innovative and very convenient.\u201d<\/em><\/strong><\/p>\n