Jihan Abass is a 26-year old Kenyan is on the verge of transforming car insurance in Kenya. The story started three years ago when Abass visited a local restaurant in her home country of Kenya. During a conversation with a waiter, Abass later learned that her waiter did not have health insurance. Abass received the similar answer from other people she spoke with. That was the light bulb moment for her.
Abass, an Oxford MBA graduate, knew immediately she was on to something. She later to research the Kenyan insurance industry and identified gaps and saw a business opportunity and that was how Griffin Insurance was born. “I realized that a lot of people here don’t have medical cover. That’s how I started to think about insurance, everybody deserves that,” she told Financial Standard. She set up a team. One-and-a-half-year later, Griffin, a disruptive insurance application with a focus on car insurance was born. Her story later receives international coverage.
Today, Griffin Insurance rolled out its flagship mobile app that lets customers pay in installments and pause coverage if they travel abroad. Griffin will process claims in a week rather than the…
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