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Power has partnered with bolttech to expand health and motor insurance via its Protect marketplace in Kenya, with flexible payment plans and easier comparison.
Power says it has partnered with bolttech, a global insurtech, to widen access to insurance through its Protect marketplace. The goal is to make it easier for workers to compare health and motor insurance options from multiple providers in one place.
The Protect marketplace sits inside Power’s workplace financial wellness product. That means workers can look for insurance alongside other services they already use, like salary advances, savings, and credit.
bolttech is bringing the technology layer that helps insurance products get listed, compared, and purchased digitally. Insurtech is short for insurance technology, which is software that helps insurers and distributors sell and manage policies online.
Power also says the partnership will support more flexible premium payments. Workers should be able to choose monthly, annual, or customised payment plans, instead of paying a large upfront premium.
Insurance uptake in Kenya is still low, especially among workers who often rely on savings, borrowing, or informal support when emergencies happen. Packaging insurance inside a workplace platform can reduce friction, because the user does not have to start a separate process with an insurer.
Flexible payment schedules also matter in a market where cash flow is tight for many households. If monthly payments become the default, more workers may be able to maintain continuous cover, rather than dropping policies after a big once-off payment.
For Power, the move strengthens its “financial wellness” positioning. It ties protection products to the same payroll-linked distribution channel it already uses across employers.
Power operates in Kenya, Uganda, Rwanda, and Zambia. The upgraded Protect marketplace is expected to roll out across its network in the coming months.
Primary Source: Power
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