Equity Group ventures into general insurance

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Equity bank branch on Kimathi Street, Nairobi County in this picture taken on March 28, 2023. PHOTO | DENNIS ONSONGO | NMG

Equity Group Holdings, the parent company of Equity Bank, is venturing into the general insurance business nine months after starting a life insurance business.

In a statement, Equity said the Insurance Regulatory Authority (IRA) had approved in principle its application to start the business of insuring against such risks as car accidents, diseases, fire, and theft which together are known as general insurance.

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