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Insurer in deal to offer cover to over 100,000 dukas

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mTek Chief Executive Officer Bente Krogmann. [File, Standard]

Digital insurance platform mTek has partnered with digital informal retail aggregator Kyosk.app and Fin, a focused fintech platform to provide insurance covers to over 100,000 Kenyan dukas.

Despite employing over 80 per cent of the Kenyan workforce, the informal retail sector is underinsured and faces a myriad of insurable risks including business interruption, theft, damage to property, cyber-attacks, and loss of stock.

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