Blue Shield headquarters in Nairobi. Mr Otieno alleges that the firm has been unable to pay him claims arising from a motor vehicle related issue. Photo/FREDRICK ONYANGO

The Big Story

Unpaid claims land insurer class action court battle

Policyholders have filed a multi-million shilling class action suit against an insurer they accuse of refusing to pay claims in time, opening a new battlefront in an industry where growth has remained flat in the past 24 months....

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Company Industry

Mr Henry Njoroge (second left), Openview Business Systems MD, during an Annual General Meeting last year. Photo/FILE

Openview price renews debate over valuation of IT firms

Internet service provider AccessKenya’s payment of Sh18 million to complete its acquisition of IT services firm Openview...

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Company Industry

CIC Insurance Ltd managing director, Nelson Kuria. Photo/FILE

Insurance firms set to punish reckless drivers

A new insurance premium charging system to be effected next month promises to tame rogue motorists by hitting them where it...

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Company Industry

Toyota Prius at a holding lot in Port of Long Beach, California. In the latest blow to Toyota Motor Corp, US safety regulators opened a formal probe into problems with the brakes of the Prius, the world’s top-selling hybrid. Photo/REUTERS

Nairobi taxi firm yet to find fault with Toyota Prius

A Nairobi taxi and car hire firm that operates the Toyota Prius hybrid models that have been recalled worldwide says it will...

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