NAIROBI (Reuters) – Jihan Abbas, a 26-year-old Kenyan female, and often walks into a meeting full of surprised faces, as if the people of crane’s past, her search for the head of its new digital engine insurance policy.
Jihan Abbas, the company’s founder and chief executive officer of Griffin Insurance, speaks during an interview with Reuters as they prepare for their flagship digital-only insurance company in the Nairobi, Kenya-January 24, 2020. (REUTERS photo/the Jackson Njehia
Abbas is the one in charge.
“They’ll be surprised to find out that it was actually me,” said Abbas, her bright office in Nairobi, where almost every wall is covered with a dry-erase marker scrawls.
Abbas is the founder and chief executive officer of Griffin Insurance, which released its flagship mobile application on Friday. Touch is one of Kenya’s first digital-only car insurance companies, which allows customers to pay in instalments and will break cover when they travel abroad. Griffin will have to handle complaints in a week, instead of the standard 30-day period, ” she said.
“You have to buy your insurance coverage in less than two minutes left,” said Abbas.
In addition to the application, Abbas,’ the 14-strong team has created a business, Lami, which is selling the technology platform used for the construction of its own, so that other businesses can use to create their own digital products.
Lami will be increased from half a million dollars in seed funding and is committed to the closing of an additional financing round in March.
Abbas, who grew up wake boarding in the Indian Ocean over the weekend, have you always wanted to work in the private sector. After graduating from the university of London and, in 2015, she became a sugar merchant, and was one of only a handful of women in the workplace, just as they are now.
We are a technology hub nicknamed “Silicon Savannah,” and has drawn many businesses from countries such as the United States and the United Kingdom.
“A lot of Ceo’s are not just men, but also foreigners,” Abbas said. “You don’t have to actually see faces like mine.”
Abbas’ lightbulb moment and came out in 2016, at a restaurant, and when she told me that her waiter did not have health insurance. None of these, she would later learn, did most of the Kenyan insurance is about 19%, mostly as a low-cost, government regulations, according to 2018, with a paper in the journal Health Systems and Reform.
Digital insurance, the cost of all forms of insurance, as it increases the transparency of the data and the analyses, with the said Authority.
As for the team’s first foray in the motor insurance policy the policy adopted by Kenyan insurance companies, including Pioneer and king), they’ll be looking to make use of the platform, and encourage other companies to offer other forms of insurance, ” she said.
Editing by Katharine Houreld and David Holmes