Top 10 Insurance Companies in Kenya
I would like to take this chance and discuss with you some of the Top 10 Insurance Companies in Kenya. At the present day, there is a variety of insurance covers for all types of situations and events. From the vehicle, medical, life, travel, machines, and last expense cover, different insurances in Kenya have been on the frontline to ensure they offer the best benefit to their clients. Most of them provide at least 3 or 4 services; life insurance, health insurance, general insurance, pension plans, and other financial services.
A lot s of change has been recorded in the Kenyan Insurance sector for the last ten years due to situations like Covid-19 that call for them to provide more inclusive packages leading to a very competitive insurance sector. Due to the competitive nature, there is always something good in one insurance and lacking in the other. We summarized the top ten insurance companies as highlighted below.
In the first place is Jubilee Insurance that was founded in 1937. They offer four services; life, health, general and financial services. The first three provide cover for the respective categories but the; last one provided fund management and advisory services. Jubilee, for a long time, is leading in general insurance covers. You can reach them via 0709 949 000 for more information.
Britam Insurance has been in operation since 1965 and offers excellent benefits. Among their products, we have insurance cover, investments options, and pension plans. They have been best at their investments plans, the most common being the money market fund and pension scheme. You can sign up for their money-making products on their mobile app available on Appstore or Playstore. To learn more, check their website or call them via 0705100100.
ICEA Lion Insurance
ICEA Lion provides four primary services and products; insurance, investments, pensions, and trusts. They have remained operational since 2011, and they recorded a high record of new clients and customers. ICEA Lion has been said to provide the best education policy over the years. To get more details to check their website or call 0719 071000 / 730 151000
CIC insurance is one of the oldest companies launched in 1968. They have extensive insurance packages and other financial services and have a presence in at least four countries; Kenya, Uganda, South Sudan, and Malawi. Their products are straightforward to understand, and they have over fifty products to choose from. The CIC money market is prevalent, with very attractive returns. You can sign up for their products directly from their website or chat with them on Whatsapp at 0722204572; you can also call them via 0703099120.
UAP OLD MUTUAL Insurance
Up Old Mutual is among the oldest insurance companies on the market, with its establishment dated 1920. The merger of UAP and Old Mutual in 2015 saw it increase its power to invest in the market more heavily. They have embraced technology the best among the others in the sector. They process claims, keep you posted on the status of your cover online via the Dream Enabler system. Their website is straightforward to manoeuvre and get the product you want. They have so far had the best healthcare cover for a majority of the corporate institutions in East Africa. To get more information check their website at www.uapoldmutual.com.
Founded in 1978, Kenindia Insurance was a combination of several Indian insurances that were operating in Kenya. Over the years, they have been serving in the provision of life, health, housing, and motor vehicle covers. Their life assurance policy has a 15-year money-back agreement. You can discover deeper about their products on their website www.kenindia.com.
Sanlam Kenya PLC is a recognized member of the Pan African Group, and the company was operating with this name for a very long time. They are into insurance, investments, and retirement plans; they have so far established a subsidiary that deLs with the general insurance; travel and general insurance fall here. It was founded in 1946 under Hubris Holdings Limited. They have significant policies around financial planning and investments. Check them out on www.sanlam.com or call them on 254 (0) 20278100.
Liberty Life Kenya
Liberty Life Insurance, founded in 1964, has a heavy emphasis on all sectors; life assurance, education policies, investments, and retirement plans. With excellent performance, proposals have been set by Standard Bank Group to buy 100% of all Liberty holdings. The insurance company has its central headquarters in South Africa. To learn more about their products, check them on www.liberty.co.ke.
My list will not be complete if I do not include Madison Insurance as one of the Top 10 Insurance Companies in Kenya. Founded in 1988, Madison Insurance has the most inclusive policies and extensive investment options. They have also significantly invested in the money market, healthcare, education, and travel insurance. Their website is very straightforward, and you will find it easy to access the information you want. Check their website for detailed information on www.Madison.co.ke or call them via 0709922000
GA Life Assurance
General Accident Insurance is among the most reputable insurance companies in Kenya, with its roots in General Accident UK since 1979. In 2016, the company was bought 100% by I & M Bank Group in Kenya. They have invested heavily in insurance and investment. Their general insurance products are very charming and streamlined. To know more about their policies and products, check them on www.gainsuranceltd.com or call them via 0709626000
There you go, so now you got a variety to choose from my above list of Top 10 Insurance Companies in Kenya. Keep it here for more updates.