Quiver Lounge & Grill owner and SportPesa chief executive officer Ronald Karauri is entangled in a boardroom and shareholder war at Kenya’s newest insurance company in a battle that threatens to reveal secrets behind the firm.
The ownership row in Definite Assurance Company Limited, the newest insurer targeting public service vehicles (PSVs), started as soon as the Insurance Regulatory Authority (IRA) gave the company an operating licence on December 11 last year.
