Old Mutual Kenya has taken a bold step in simplifying and modernizing insurance savings policy management with the launch of the Lengo Digital Savings Plan. This innovative solution allows customers to invest, manage, and monitor their savings seamlessly, offering both financial growth and insurance security in one convenient platform.
Designed with evolving customer needs in mind, Lengo empowers individuals to save while enjoying the benefits of life assurance. Whether planning for education, homeownership, or a major milestone, customers can now take control of their savings journey through a user-friendly digital experience integrated into the Old Mutual website.
According to Loreen Makwanya, Managing Director of Old Mutual Life Assurance Kenya, the company remains committed to innovation and digital transformation. She emphasized that this solution aligns with the changing financial landscape, providing customers with a smarter way to plan and secure their financial future while also benefiting from tax advantages associated with long-term savings.
The Lengo Digital Savings Plan is more than just a savings tool—it is designed to enhance financial literacy and decision-making. Customers can track the growth of their investments, monitor progress toward their goals, and gain full visibility into premiums, policy charges, and encashment benefits, ensuring a transparent and well-informed savings experience.
This initiative is part of Old Mutual’s broader strategy to enhance customer experience by leveraging technology. By removing the complexities traditionally associated with savings and life assurance, the company is making financial services more accessible, efficient, and tailored to the modern consumer.
As emphasized by Arthur Oginga, Group CEO of Old Mutual East Africa Group, the goal is to ensure that customers have access to reliable and affordable financial solutions. By embracing digital innovation, Old Mutual is reaffirming its commitment to helping individuals and families achieve long-term financial security with confidence.
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