25 August 2014

Kenya: Insurer Unveils Cover for Heavy Commercial Trucks

HEAVY COMMERCIAL vehicle owners now will benefit from a new insurance cover by Orient Insurance.

According to the company, the new product dubbed 'Orient Commercial Insurance', targets to support the rapid growth in the transport sector.

The product is a comprehensive motor commercial insurance that covers trucks all across the COMESA jurisdiction in East Africa.

It offers personal accident covers for both the driver and loader, security for goods being ferried and vehicle on location.

It also offers cover against riots, strike and civil commotion.

Speaking on Saturday evening during the launch at the Nyali Golf Club in Mombasa, Kenya Orient Insurance MD Muema Muindi said the cover will go a long way in supporting and improving trade in the region.

"We have no doubt that this product will be a catalyst for growth in the transport sector, which is a key driver for our economy as our country works towards Vision 2030. It will also give investors in the transport business a peace of mind," said Muindi.

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