Nairobi, May 5, 2020…
UAP Old Mutual General Business has launched new services under their medical cover to ease their customers lives during this COVID-19 period and even after. The services include; Delivery of Drugs - Meds on Wheels, Tele counselling services and Tele medicine services.
David Kuria, MD General Insurance stated’ “We have all been impacted by the pandemic in one way or another. As a company we realize the importance of social distancing and mental health. These services are aimed at helping our customers adhere to guidelines issued by various health authorities and the Government as well as alleviate the many pressures we are facing during these uncertain times”.
The services which will be catered for by the UAP Old Mutual medical cards will work as below:
Meds on Wheels will ensure medication is delivered at the customers doorstep. This has been achieved through partnerships with various pharmacies. The customer will be required to send their prescription to UAP Old Mutual via WhatsApp or on email. UAP Old Mutual will then liaise with the pharmacies to ensure the medication is delivered to the customer. This service is currently being provided in Nairobi, with plans to expand it to the counties.
Tele counselling services will cater for mental health. Customers can easily access this service from anywhere at discounted rates via phone and online video services such as Zoom or Whatsapp video conferencing.
Tele-medicine will provide customers with a doctor’s consultation and where necessary, a prescription. The drugs will be billed to the customers card and delivered to the them at the comfort of their home. This service which is in partnership with One Stop Pharmacy can be accessed easily by customers through Zoom or Whatsapp video conferencing.
ABOUT UAP OLD MUTUAL GROUP:
UAP Old Mutual Group is a subsidiary of Old Mutual Limited, a listed company on the Johannesburg Stock Exchange with secondary listings on the London, Malawi, Namibia and Zimbabwe stock exchanges. As a Pan-African financial services company with a strong heritage of 175 years, it has presence in 13 markets across Africa. In East Africa, the Group has over 1.5M customers, 1,400 employees, 12 iconic properties and over USD 2B in funds under management in the region.
In Kenya where it has been serving customers for 100 years, the UAP Old Mutual Group has the third largest short-term insurance business and a fast-growing Life Assurance business. It has established diverse distribution networks via brokers, an agency force, direct sales, bancassurance, digital channels and supermarkets.
In South Sudan, the Group has the largest short term insurance business. In Uganda, the Group has the largest Life Assurance Business and has the second largest short-term business in the country. UAP Old Mutual also has short term insurance businesses in Rwanda and Tanzania.
Regionally the Group has a Kshs. 20B property portfolio with iconic buildings; Equatoria Tower in South Sudan, Nakawa Business Park in Uganda and UAP Old Mutual Tower in Nairobi among others.
|Fund Name||Currency||Daily Yield||Effective Annual Rate|
|Old Mutual Money Market Fund||Kenya Shillings||7.09%||7.33%|
|Fund Name||Currency||Buying Price||Selling Price|
|Old Mutual Equity Fund||Kenya Shilling||388.75||388.75|
|Old Mutual Balanced Fund/Toboa||Kenya Shillings||146.02||146.02|
|Old Mutual Bond Fund||Kenya Shillings||100.17||100.17|
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