Sovereign Trust Insurance Plc has won the Most Outstanding Auto Insurance Company of the Year Award.
Beta Media, organisers of the Business Excellence Awards, said the underwriter clinched the award based on its consistency, professionalism, integrity, creativity and uncompromising stance on providing far-reaching retail products and services.
“In recognition of the company’s creativity and adaptability in product development with regards to retail and affordable insurance products to the insuring public, the organisers of the yearly award through its award committee nominated Sovereign Trust Insurance Plc as one of the possible recipients of the award and at the end of it all, the company emerged the winner of the award for the year 2024,” the statement said.
Beta Media’s Chief Executive Officer, Clarisse Ndinge, said the criteria for the award as given by the technical/award committee included efficiency in service delivery, creativity in product development, branch network, the use of technology, adherence to ethics and corporate governance.