Jubilee Health doubles profit to Sh910 million on bigger business
- Published By The Statesman For The Statesman Digital
- 1 year ago
Jubilee Health Insurance Limited (JHIL), a subsidiary of Jubilee Holdings, saw its net profit double to Sh910 million for the year ended December 31, 2024, driven by innovation, operational efficiency, and a commitment to accessible, affordable healthcare.
The insurer’s profit after tax rose sharply from Sh438 million posted during the same period in 2023.
“This performance is a reflection of our purpose-driven culture and our promise to walk with every Kenyan on their healthcare journey,” said Njeri Jomo, CEO and Principal Officer at Jubilee Health Insurance.
Read Also: Young entrepreneurs eye opportunities as Kenya-UAE trade deal takes shape
In 2024, the company deployed an AI-powered claims adjudication, enhancing self-service digital tools, and deepening real-time integrations with healthcare providers, improving service delivery for both clients and medical partners.
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