Britam General Insurance has partnered with the Institute of Certified Public Accountants of Kenya (ICPAK) to provide more than 40,000 members with insurance products tailored to the needs of accounting professionals.

🇰🇪 Breaking It Down

The partnership, announced on Wednesday, July 16, will see ICPAK members access a range of insurance solutions covering their personal well-being, professional practice, businesses and assets.

According to Britam, the products available under the arrangement include medical insurance, professional indemnity insurance, motor insurance and home insurance.

The insurer said the collaboration is part of its strategy to expand sector-specific insurance solutions through partnerships with professional institutions.

📌 What You Need to Know

Britam noted that the initiative comes at a time when professionals are increasingly seeking protection against both personal and work-related risks.

The company added that the tailored products are intended to help accounting professionals manage risks while allowing them to focus on their core responsibilities.

Speaking during the signing ceremony, Britam General Insurance Chief Executive Officer and Principal Officer James Mbithi said the partnership was designed to respond to the changing needs of professionals.

"Accounting professionals play a vital role in strengthening businesses, safeguarding financial integrity and supporting Kenya's economic growth. The solutions provided through this partnership will not only protect their health and assets but also safeguard their professional practice against emerging risks," Mbithi said.

On its side, ICPAK said the partnership would enhance the welfare of its members by giving them access to insurance products designed for their profession.

The institute noted that accountants operate in an increasingly dynamic environment, making reliable insurance cover an important component of professional practice.

📰 Source: Kenyans.co.ke