Britam General Insurance has joined forces with four well-known pharmacies, including Haltons, GoodLife, Malibu, and MYDAWA Online Pharmacy in a move aimed at allowing Britam clients to receive medical assistance for minor ailments without the necessity of visiting a hospital.
Under this groundbreaking program, Britam clients can choose to visit any of the accredited pharmacy locations, where they will undergo standard verification procedures. Once the verification process is completed, they can consult with pharmacists or clinicians concerning their health concerns. If the ailment is deemed treatable at the pharmacy, the necessary medications will be provided. Jackson Theuri, CEO and Principal Officer of Britam General Insurance, noted that this initiative not only enhances healthcare convenience but also ensures that outpatient benefits are preserved for more serious health issues that may require hospitalization.
Additionally, in September 2023, Britam General Insurance introduced a revolutionary health insurance plan named ‘Milele Junior,’ tailored specifically for children aged between 37 weeks and 18 years. This unique standalone coverage addresses the distinctive healthcare requirements of children without making it mandatory for parents or guardians to be included. Jackson Theuri, CEO and Principal Officer at Britam General, emphasized the plan’s focus on ensuring that children have access to top-notch healthcare services from infancy through adulthood.
These notable initiatives coincide with Britam Holdings reporting exceptional financial performance. The company reported a quadrupling of its net profit for the half-year ending in June, reaching KES 1.6 billion. This substantial growth can be attributed to increased insurance revenue and a surge in interest and dividend income. The company witnessed a remarkable 34.0 percent increase in insurance revenue, reaching KES 16.6 billion.
Britam’s life insurance business also experienced a commendable 32.0 percent growth, accumulating revenue of KES 5.2 billion. Simultaneously, the general insurance sector in Kenya saw an impressive 41.0 percent revenue increase, totaling KES 6.9 billion. Beyond Kenya’s borders, Britam’s general insurance revenue from international ventures surged by 27.0 percent, reaching KES 4.4 billion.
Britam’s commitment to innovative healthcare solutions and its outstanding financial performance underscore the company’s dedication to enhancing the well-being of Kenyan families. By offering accessible medical assistance and tailoring insurance solutions for children, Britam is not only reshaping the insurance industry but also safeguarding the well-being of the nation’s future generation.
