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The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
Thousands of clients and suppliers have been thrust into uncertainty after Invesco Assurance Company, the firm offering covers to public service vehicles, (PSVs) collapsed with hundreds of millions of shillings in client cash, insurance claims, and creditor funds.
Matatu owners and public transport bus operators will be waiting eagerly to recover their funds from the failed insurer - a process that in the past has been painfully long and agonising.
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