Turaco and Equity Life Assurance Among Continental Winners at Africa Re Awards in Cairo
Kenyan insurance and insurtech firms emerged among the biggest winners at the 11th African Insurance Awards, held on 7 June 2026 in Cairo, Egypt.
Organised by the African Reinsurance Corporation (Africa Re), the annual awards recognize excellence, innovation and leadership across Africa’s insurance industry.
This year’s ceremony highlighted the growing influence of East African insurers and technology-driven insurance solutions, with Kenya securing wins in two of the event’s most competitive categories.
Turaco Wins Innovation of the Year
Nairobi-based Turaco Microinsurance Limited was named Innovation of the Year, recognising its efforts to expand insurance access through technology-enabled and embedded insurance solutions.
Turaco has gained attention across Africa for integrating insurance products into everyday digital services, helping extend protection to traditionally underserved populations.
The award reflects the increasing importance of digital innovation in improving insurance penetration across the continent.
Angela Okinda Named CEO of the Year
Angela Okinda, Managing Director and Principal Officer of Equity Life Assurance Kenya, received the prestigious CEO of the Year award.
The recognition honours insurance leaders who have demonstrated exceptional leadership and made significant contributions to both their organisations and the broader insurance industry.
Under Okinda’s leadership, Equity Life Assurance has continued strengthening its position within Kenya’s insurance market while expanding access to insurance through the wider Equity Group ecosystem.
Other Continental Winners
Egypt’s Misr Insurance was named Insurance Company of the Year, recognising its performance and market leadership over the past two years.
Meanwhile, Tanzania’s DigiBima Agent received the Insurtech Initiative of the Year award for its collaboration with insurers to improve customer service delivery and innovation within the insurance value chain.
A Growing Focus on Innovation
The 2026 awards reflected a broader shift taking place across Africa’s insurance sector, where innovation, digital transformation and financial inclusion are becoming key drivers of growth.
As insurers increasingly embrace technology to improve customer experience, streamline claims processing and expand market reach, recognition programmes such as the African Insurance Awards continue to spotlight the individuals and organisations shaping the industry’s future.
For Kenya, the success of Turaco and Equity Life Assurance reinforces the country’s growing reputation as one of Africa’s leading centres for insurance innovation.