THE INTERSECTION BETWEEN INSURANCE & BANKING Only 2 listed Kenyan banks, Equity and NCBA, are betting big on running insurance companies themselves. Not just selling policies, but becoming insurers. Equity climbed the tree from the bottom when they launched a brand new insurance company, ELAK, back in 2022. 3 years later, NCBA then lit up Nairobi with fireworks when they acquired a whole insurance business, AIG Insurance, and became NCBA Insurance. All other 8 Kenyan listed banks are approaching the insurance matter from a Bancassurance lens. Read More Here: https://x.com/TheAbojani/status/1935618280506421424