Speaking at the second year anniversary event for Building Materials Suppliers and Transporters (BUMASUTRA) Sacco, CIC Group Product champion Julius Macharia said that creating tailor made products aimed at meeting specific interests of entrepreneurs in the economy is paramount.
“Many organizations operate under different business environment and their operations vary depending with whom they are serving. That is why at CIC we develop tailor made products to enhance their production and ensure they maximize on returns,” said Macharia.
The group will further monitor heavy commercial vehicle movements and take care of loan repayments of clients whenever their vehicle is taken off the road, thanks to the CIC Motor Commercial Plus policy.
“Just like Motor Commercial Plus, CIC through ample research has developed tailored products to support individuals and institutions. In return, the insurance group provides a platform for people to grow businesswise,” said Macharia.
Macharia said that the Group is improving its existing products such as the Motor Commercial Plus in response to the emerging needs of customers. Truck owners enjoying this product from CIC are also able to monitor their vehicles in real time protecting trucks against accidental collision and/or overturning, theft, fire, riot strike and civil commotion, malicious damage, flood and other perils of nature and other benefits.
“Motor Commercial Plus further insures against third party liabilities, nil theft excess, riot strike and civil commotion cover. Good risk management allows good benefits control and the benefit is passed to our client,” said Macharia.
Speaking at the same event, BUMASTRA Sacco Chairman Fredrick Bernard said Saccos required special services from players in the economy to enhance service delivery and maximize on returns. It seems tailored products are the best especially when entities come together to create jobs and business opportunities and change lives.
