Autochek Teams Up With Turaco to Provide Affordable Car Insurance for More Kenyan Motorists

Turaco Kenya, a company that offers tech-enabled and innovative insurance solutions, on Tuesday, September 10, signed a partnership with Autochek Kenya, the leading automotive technology firm transforming the car ownership journey in Kenya and other African countries.

The collaboration is aimed at providing Autochek clients with comprehensive motor insurance with flexible monthly payments, making the insurance cost for car owners in Kenya significantly more attainable.

Coming at a time when rising car prices have pushed up the cost of premiums, Autochek Kenya and Turaco are uniting to provide unparalleled affordability in motor insurance.

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The leadership of the two companies noted that the partnership is motivated by substantial growth in the car financing market in Kenya, with a 15 percent annual increase in vehicle loans and a 10 percent rise in vehicle imports.

“This partnership between Autochek and Turaco directly responds to this market demand by offering a bundled service that integrates vehicle financing, insurance, tracking, and maintenance, all under one digital platform.”

The partnership aims to make vehicle insurance more affordable and manageable for Autochek's customers by offering monthly payment plans instead of traditional annual premiums. This approach allows car owners to better manage their expenses without sacrificing the extensive coverage that comprehensive insurance provides, according to a joint statement released by the two companies.

Turaco added that the monthly payment option is a relief for aspiring car owners, as it empowers more vehicle owners to protect their assets while still enjoying affordability.

“At Turaco, 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,” Turaco CEO Ted Pantone explained.

“By combining our tech-driven approach with flexible monthly installments, we empower Autochek to offer their customers top-tier insurance access and an exceptional experience.”

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Autochek expressed optimism that the partnership would go further in streamlining the vehicle ownership experience for more Kenyans.

“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,” Autochek’s country manager Henry Mbugua remarked.

The insurance offering will be seamlessly integrated into Autochek’s digital platform, allowing clients to access and manage their insurance policies effortlessly alongside their vehicle transactions.

The two companies have integrated their systems to ensure that customers have an end-to-end digital journey. This tech-driven approach makes the process of managing vehicle insurance simpler and ensures that customers have access to all their vehicle-related needs in one place, on the spot.

Turaco hailed the partnership as a testament to Autochek's commitment to delivering a holistic car ownership experience, where customers can access financing, insurance, and maintenance services all under one roof.

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