How AI is changing the face of insurance in Kenya

Africa is leading the way in responsible AI for smarter, faster, customer-focused insurance and health.

Photo credit: Shutterstock

The insurance industry in Kenya has deepened its use of artificial intelligence (AI) in onboarding new customers, assessing risks, and managing claims in a shift that has cut the claims payment periods to as little as 30 days.

The Association of Kenya Insurers (AKI) said that the technology has helped insurers automate routine processes, enhancing fraud detection, and customer engagement to ensure genuine claims are paid out on time.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.