Press Release: Enhanced Children’s Medical Cover

Nairobi, August 12, 2020… UAP Old Mutual General Business and Gertrude’s Children’s Hospital have partnered to provide a comprehensive medical cover for children, ranging from birth to 21 years old of age.

By Communications Team

The medical cover dubbed ‘Afya Imara Junior’ is the first in providing a comprehensive medical cover that provides an outpatient benefit, an inpatient benefit and access to Gertrude’s Children’s Hospital and its satellite clinics.

David Kuria, MD General Insurance stated “We received a lot of feedback from our customers and intermediaries about improving this solution. This led us to include an outpatient benefit, which was not there before. As a company we understand the health of children is paramount to each parent or guardian and we believe in delivering value to our customers”

Gertrude’s Children’s Hospital is an established paediatric hospital in Eastern and Central Africa, providing quality, affordable and accessible healthcare to children. Dr Robert Nyarango, CEO Gertrude’s Children’s Hospital said “It is  partnerships such as this with UAP Old Mutual, that enable us to continue to provide comprehensive care to children in various aspects such as  general paediatric consultation, Well Baby Clinics, Specialist Clinics,  surgical services, inpatient services as well as outpatient facilities including pharmacy, radiology and laboratory services across our network.’

UAP Old Mutual Foundation in partnership with Old Mutual Limited is also supporting the Gertrude’s Hospital Foundation in two critical areas; Provision of protective equipment for healthcare workers and testing of COVID19 in children. This initiative aims to support prevention, screening and testing of COVID-19 for children in underprivileged communities in Nairobi and to provide personal protective equipment for frontline healthcare workers in partner hospitals.   So far 171 children have been tested for COVID-19.

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.         

ABOUT GERTRUDE’S CHILDREN’S HOSPITAL

Gertrude’s Children’s Hospital is a not-for-profit Children’s Hospital established in 1947. The hospital attends to over 350,000 outpatients annually through a network of 16 facilities in and around Nairobi and Mombasa.  Gertrude’s Children’s Hospital is a leading children’s referral hospital in East and Central Africa providing paediatric care to children in Kenya and those referred from neighbouring countries. It is the only children’s hospital in Africa that is accredited by the Joint Commission International (JCI), USA.

www.gerties.org         

Fund Prices
Old Mutual Money Market Fund Daily Yield : 4.93%  Annual Rate: 5.04%
Old Mutual Equity Fund Buying Price: 333.53  Selling Price: 333.53
Old Mutual Balanced Fund/Toboa Buying Price: 147.12  Selling Price: 147.12
Old Mutual Bond Fund Buying Price: 102.30  Selling Price: 102.30
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Fund Prices

Fund Prices at 27th October 2020

Fund Name Currency Daily Yield Effective Annual Rate
Old Mutual Money Market Fund Kenya Shillings 4.93% 5.04%
Fund Name Currency Buying Price Selling Price
Old Mutual Equity Fund Kenya Shilling 333.53 333.53
Old Mutual Balanced Fund/Toboa Kenya Shillings 147.12 147.12
Old Mutual Bond Fund Kenya Shillings 102.30 102.30
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