SK Macharia's PSV insurer topples Ruto-linked firm
Nairobi, July 13 -- Directline Assurance has reclaimed its position as the top insurer of public service vehicles (PSVs), marking a comeback in a segment that has seen rivalry and shifting market shares over the past two years.
Fresh data from the Insurance Regulatory Authority (IRA) for the first quarter of 2026 shows Directline accounted for Sh610.16 million or 62.11 percent of the Sh982.41 million premium income booked under motor commercial PSV class of insurance that mostly covers matatus.
The rise in Directline's market share from 35.67 percent in a similar quarter last year placed it ahead of its main competitor Africa Merchant Assurance Company (Amaco), whose market share fell to 21 percent from 54.71 percent.
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