Autochek Kenya to Offer Comprehensive Motor Insurance Cover in Partnership with Turaco

By The COAST Reporter

Email, thecoastnewspaper@gmail/com

Autochek Kenya, the leading automotive technology company transforming the automotive experience for African consumers has announced a strategic partnership with Turaco Insurance Agency Kenya (T/A Turaco), the innovative insurance Company dedicated to providing affordable and tech-enabled Insurance solutions.

This collaboration aims to offer Autochek’s clients comprehensive Motor Insurance with flexible monthly payments, making the Insurance cost for car owners in Kenya significantly more attainable.

With the rising need for flexible Insurance options, Autochek Kenya and Turaco combine their strengths to provide an unparalleled Insurance solution tailored to the diverse needs of vehicle owners in Kenya.

According to a statement from Nairobi released to the Press,the car financing market in Kenya has seen substantial growth, with a 15% annual increase in vehicle loans and a 10% rise in vehicle imports. and this partnership between Autochek and Turaco directly responds to this market demand by offering a bundled service that integrates vehicle financing, Insurance, tracking, and maintenance, all under one digital platform.

The partnership aims to make vehicle Insurance more affordable and manageable for Autochek’s customers by offering monthly payment plans instead of traditional annual premiums.

This approach allows car owners to better manage their expenses without sacrificing the extensive coverage that comprehensive Insurance provides and the monthly payment option is a significant advantage, ensuring affordability and continuous coverage for vehicle owners.

Autochek’s Country Manager Henry Mbugua expressed enthusiasm about the partnership saying, “We are thrilled to collaborate with Turaco to offer our clients an innovative insurance solution that aligns with their financial needs. This partnership underscores our commitment to enhancing the vehicle ownership experience by providing comprehensive and affordable services while ensuring we maintain competitive prices.”

Turaco Chief Executive Officer Ted Pantone said,“At Turaco, we’re transforming the insurance industry by making it accessible and attainable for everyone. Our vision is powered by partnerships with like-minded companies like Autochek, who are equally committed to using technology to create seamless customer experiences. By combining our tech-driven approach with flexible monthly installments, we empower Autochek to offer their customers top-tier insurance access and an exceptional experience.”

The insurance offering will be seamlessly integrated into Autochek’s digital platform, allowing clients to access and manage their insurance policies effortlessly alongside their vehicle transactions.

Autochek and Turaco integrated their systems to ensure that customers have an end-to-end digital journey and this tech-driven approach simplifies the process of managing vehicle insurance and ensures that customers have instant access to all their vehicle-related needs in one place.

This partnership is a testament to Autochek’s commitment to delivering a holistic automotive experience, where customers can access financing, insurance, and maintenance services all under one roof.

By integrating these services, Autochek is revolutionizing how car owners manage their vehicles, ensuring that every aspect of ownership is both convenient and affordable.

Autochek is an automotive technology development company that is building the infrastructure to make car ownership more accessible and affordable in Africa.

With active operations in 9 countries across East, West, South, and North Africa, a partner-led retail footprint in over 2,000 dealers and workshop locations, and more than 70 banking partners, Autochek is improving Africa’s automotive finance value proposition by bringing all relevant stakeholders together to enable easier access to more financing options as a catalyst for growth in Africa’s automotive industry.

Turaco is a full-stack, embedded Insurance company transforming Insurance financing in emerging markets with simple and affordable health and life insurance for low-income earners.

Founded in 2019, Turaco is present in Kenya, Uganda, Ghana and Nigeria and partners with leading mobile network operators (MNOs), technology companies, and financing institutions to distribute unique Insurance products for their customers.

With Turaco, individuals can secure Insurance coverage with premiums starting as low as $1 per month.

Using API integrations with their partners, and AI to drive efficiency.

Turaco activates policies, automates payments, and processes claims in a fraction of the time it takes traditional insurance companies.