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Newsunplug Kenya > Blog > Business > mTek and BuuPass collaborate to offer tech-enabled travel insurance
Business

mTek and BuuPass collaborate to offer tech-enabled travel insurance

Ivy Irungu
Last updated: August 12, 2024 8:41 am
Ivy Irungu
10 months ago
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mTek, a leading digital insurance platform based in Kenya, known for providing easy access to insurance products, has partnered with BuuPass to offer travel insurance coverage. This insurance protects travelers against any travel-related damages.

According to mTek, the travel insurance solutions will streamline the insurance process by integrating seamlessly into the BuuPass platform. This integration allows customers to easily select and purchase insurance coverage as part of their ticket booking process.

BuuPass aims to enhance convenience and safety for its users, and mTek’s role as an insurance provider adds significant value to BuuPass’s existing services. This collaboration improves customer satisfaction by delivering comprehensive travel solutions through advanced technology.

“We are excited to collaborate with BuuPass. This partnership aligns with mTek’s vision of providing accessible and comprehensive insurance. Both mTek and BuuPass share a mutual interest in improving the travel experience for customers,” mTek CEO Bente Krogmann said.

“It is important for travelers as it provides financial protection and peace of mind incase of unexpected incidents during their journey.”

Travel insurance provides coverage for unforeseen events that may impact travelers, including accidents and medical emergencies. This product offers financial protection and support in case of such incidents, ensuring travelers are safeguarded against potential risks. By enhancing their overall travel experience and security, the coverage for accidents and medical emergencies delivers comprehensive protection.

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“We are excited to partner with mTek to offer our customers the added security and peace of mind that comes with travel insurance. This collaboration aligns with our mission to provide the most convenient and reliable travel solutions in East Africa,” BuuPass CEO Sonia Kabra said.

“By integrating mTek’s insurance products into our platform, we are taking a significant step towards enhancing the overall travel experience for our users, ensuring they are protected throughout their journey.”

The partnership, according to the companies, aims to enhance the travel experience by providing added safety and financial protection, allowing travelers to feel more secure and confident during their journeys.

Public transportation is the primary mode of travel for most Kenyans, with buses being the preferred choice for trips upcountry. In 2022, a total of 11,969 minibuses (15-33 seaters) and 11,699 buses (34 and above seaters) were issued road transport licenses.

According to the Economic Survey 2024 by the Kenya National Bureau of Statistics (KNBS), road transportation generated Ksh 2.6 billion in 2023, with passenger traffic contributing Ksh 1.4 billion. The survey also revealed that there were 9,960 road accidents in 2023, resulting in 10,762 serious injuries nationwide.

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