Autochek Kenya, a leading automotive technology company, has announced a deal with Turaco Insurance Agency, keen to make vehicle insurance more affordable and ensuring continuous coverage for customers.
The deal will provide Autochek’s customers with comprehensive motor insurance plans, including the option for flexible monthly payments, making insurance more accessible and affordable for car owners in Kenya.
With the growing demand for flexible insurance options, Autochek and Turaco are combining their strengths to deliver an insurance solution tailored to the diverse needs of vehicle owners.
“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,” said Autochek’s Country Manager, Henry Mbugua.
The car financing market in Kenya has seen significant growth, with a 15% annual increase in vehicle loans and a 10% rise in vehicle imports.
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The packages offered in the deal will include vehicle financing, insurance, tracking, and maintenance, all accessible through Autochek’s digital platform.
One of the key features of this partnership is the introduction of monthly payment plans for insurance premiums.
Departure From Traditional Annual Remittance
This departure from traditional annual payments allows car owners to better manage their expenses while still receiving comprehensive coverage.
Ted Pantone, CEO of Turaco, said “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.”
Through this integration, Autochek’s digital platform will allow customers to manage their insurance policies alongside their vehicle transactions.
It is a tech-driven approach which simplifies the process of obtaining and managing vehicle insurance, providing customers with a seamless experience for all their automotive needs.