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APA targets small firms, poor households with micro-covers for floods, sickness
APA Microinsurance chairman said the two products reflect the company’s commitment to designing practical and scalable insurance solutions that respond to real-world risks.
APA Microinsurance has rolled out micro-cover packages for sickness and weather-related disasters like floods, in a move aimed at inclusion of low-income households and small businesses.
The insurer, part of Apollo Group, has partnered with VisionFund Kenya and global climate Insurtech IBISA in rolling out two products — AfyaCash and ClimaCash+ — as it seeks to deepen insurance in the informal sector.
