SportPesa co-founder Ronald Karauri-backed insurer captures 25% of Kenya’s $22 million matatu market as Ruto-linked rival loses nearly half its share

An insurance company backed by SportPesa co-founder Ronald Karauri has captured a quarter of Kenya’s matatu insurance market, challenging an established rival partly owned by President William Ruto’s family. Definite Assurance has captured 25.03% of Kenya’s commercial public-service vehicle insurance market. Its…