Nairobi, Feb. 11 -- Stima DT-Sacco has restructured its insurance subsidiary from an insurance agent into a fully fledged broker to negotiate offers for its members.

Mpawa Insurance Brokerage was formerly Mpawa Insurance Agency. It will now negotiate life and health insurance, general insurance, SME covers, agricultural insurance, digital micro-covers, credit life, motor, domestic and specialised group products for members.

A commercial insurance broker acts as an intermediary between insurance providers and customers, helping clients find the most suitable insurance coverage that meets their specific needs and requirements at the most affordable premium.

An agent, while also an intermediary, works for the insurance company to sell its...