Kisumu, Kenya – August 26, 2025 GA Insurance Kenya has officially launched Samaki Bima, a groundbreaking insurance solution designed to protect aquaculture entrepreneurs from the unique risks they face across the fish farming value chain. The launch event, held in Kisumu, brought together key stakeholders including financial institutions, innovators, and government representatives—most notably Samson Kidera, Western Region Coordinator for the State Department of Blue Economy and Fisheries.

Samaki Bima is Kenya’s first comprehensive insurance policy for fish farms, covering both on‑shore and off‑shore operations. It offers protection against losses caused by disease outbreaks, climate disruptions, and other operational risks—providing a financial safety net that encourages reinvestment and long-term sustainability.

“Fish farming is a vital part of Kenya’s food system and economy. With Samaki Bima, we’re not just offering insurance—we’re offering peace of mind,” said Duncan Kamau, Chief Operating Officer, GA Insurance Kenya.

The initiative aligns with Kenya’s Blue Economy strategy under Vision 2030, which identifies aquaculture as a high-impact sector capable of generating up to KES 25 billion in annual export revenue and creating over 500,000 jobs by 2030. For aquaculture entrepreneurs—many of whom are youth, women, and rural business owners—Samaki Bima represents a critical tool for growth, resilience, and inclusion.

With strong institutional backing and a clear focus on empowering underserved communities, Samaki Bima is more than a financial product—it’s a strategic intervention aimed at transforming Kenya’s aquatic economy and securing the future of fish farming.