Artificial Intelligence (AI)-powered

Jubilee Holdings to pump Sh4.4bn into Bujagali power plant

Jubilee Holding’s increase in investment comes at the back of a Sh4.2 billion after-tax profit last year, a 15 per cent increase over 2016. Its medical insurance profit grew by 478 per cent to Sh878 million last year, even as the firm struggles to control fraudulent claims. The insurer is also making new investments in technology and data analytics in efforts to tap more into Kenya’s market, where only about two per cent of the population is insured.The company rolled out an Artificial Intelligence (AI)-powered chat assistant last year.

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