Company Overview
Romda Insurance Agency is a registered agency in Kenya licensed to transact in the Insurance Industry
Affectionate
Integrity
Creativity
Reliability
Core Purpose
We are committed to the Financial & emotional happiness of economically active persons in Africa.
Our Vision
To be the preferred customer centric company in the provision of financial resilience services.
Our Mission
To professionally provide proactive financial resilience services through continuous innovation to enhance customer value.
Portfolio Management
Romda Insurance offers exclusively designed risk management services for small/ medium/large corporate clients. Our service bouquet includes integrated and seamless risk management, placement and claim services. We map the risk exposure for various asset portfolios, people and liabilities putting in place the right risk mitigation tools, comprehensive and cost- effective insurance policies, and reliable claim services.
Our Value Proposition
- A physical onsite assessment of the client business to gain an understanding of the various risk exposures.
- Assessment of the business risk portfolio in line with the risks potential that the client is exposed to.
- Development of an appropriate comprehensive risk mitigation program to offer maximum protection for all the business assets, liabilities and people.
- Reviewing of the current insurance covers to establish the scope, depth and quality of insurance coverage.
- Inviting quotations to cover the client business risks from leading underwriters of well-rated well-established Ugandan and international insurers (wherever appropriate).
- Technical analysis and evaluation of quotations from the underwriters in order to recommend to the client on most competitive risk mitigation cover available.
- Following client approval, placement of the risk portfolio with the selected insurer in line with the agreed risk notes.
- Review of policy documents issued by insurer to ensure that they are in line with the risk notes as advised buy the business risks and that there are no unknown gaps.
- Re-review of insurance programs 90 days before the end of the policy period and present recommendations in line with changes in the market, risk profile, experience over the expiring policy year, and arranging renewals terms.
- Assigning a dedicated relationship manager to deal with any risk management matters arising during the period of insurance.
- Periodic training programs for key employees on various aspects the policy and claim matters.