As many of you know, we have provided our own JWS Travel policy for several years now, for Inbound and Outbound travellers, to and from all parts of Africa. Since the Covid-19 pandemic most Insurers around the world have been forced to make changes to their travel insurance policies, and this applies to JWS as well.
We have recently seen articles and communications, suggesting that Motor Insurers can repudiate a Motor insurance claim if the accident occurs during the Government curfew hours.
Much has been written and spoken about in regards to Work Injury Benefit Act (WIBA) compensation, the legal position about having insurance cover against it, whether an employee can claim for Covid-19 related illnesses and if local WIBA and Employers Liability policies have any exclusions.
I do not want to be the bearer of bad news, and I could be completely wrong, but I have a very bad feeling about what will happen to the insurance market in the future.
Firstly, just a reminder, WIBA (Work Injury Benefits Act) is a legal benefit for all employees of Kenyan businesses who have any injury at work, or work-related illness(limited to a maximum of 8 years´ salary).
The Covid-19 pandemic has placed extraordinary demands on leaders in business and beyond. On a good day, a leader’s job is simple: Keep the company running, employees productive, and customers happy.
As we all navigate this “new normal”, we realise that there are tough times ahead and maintaining one’s financial viability is a priority for us all.
Please watch the webinar recording of our Managing Cyber Security webinar with Dr Bright Gameli Mawudor who will outline the cyber threats we face and what you need to do to protect your business from cybercrime.
Please watch the webinar recording of our Managing Cyber Security webinar with Dr Bright Gameli Mawudor who will outline the cyber threats we face and what you need to do to protect yourself from cybercrime.
Please watch the recording of our How to save money on your insurance premiums webinar to get insights on how you can better manage your general insurance premiums in this current environment.
