Top Rated Insurance Companies In Kenya
All insurance companies in Kenya provide numerous insurance services to organizations, firms, or individuals to cover the future risk. Its main goal is to help clients or policyholders
All insurance companies in Kenya provide numerous insurance services to organizations, firms, or individuals to cover the future risk. Its main goal is to help clients or policyholders protect their properties or themselves against risks.
According to the recent Insurance Regulatory Authority survey, around 54 licensed insurance companies in Kenya provide a wide array of insurance products. Here is the list of the best insurance companies in Kenya;
1. Britam Insurance
Britam is the leading British America Insurance company in Kenya. Plus, it’s listed on the Nairobi Securities Exchange. As a top-ranking insurance company, it provides various banking, property management, and asset management services.
Further, it offers unique products like registration of group members, Afya Tele, and health microinsurance coverage that focus on small businesses and startups.
In 2019, it won several awards, such as the Tall Buildings and the Urban Habitat. It was also ranked as the best life insurance company by Kenya Insurance Agents Association.
2. Jubilee Insurance
Jubilee Insurance is owned by the Jubilee holding limited. This multinational insurance firm focuses on services like Education Insurance, Home Insurance, Motor Insurance, and Health Insurance.
Jubilee Insurance company was ranked as the best insurance in the Kenya by Insurance Agents Association in 2019.
3. Allianz Insurance
Allianz Insurance company is a multi-business empire specialising in asset and insurance management. Today, it serves over 70 countries worldwide with its exceptional services. This licensed insurer firm offers a wide range of insurance services to clients like local organizations, families, and individuals against future risks.
In addition, it provides individual insurance services on medical insurance, motor insurance, home insurance, immigration bonds, and Motorcycle Insurance.
4. ICE Insurance
ICEA is one of the best insurance companies in East Africa. This company comprises four other firms, including ICEA LION life insurance, ICEA LION Group, ICEA LION General Insurance, ITSL Trust Company Limited, and ICEA LION asset management.
Statistics show that it's the leading insurance business empire to launch a cancer insurance campaign in Kenya, especially for its active users between 19-59 years.
5. ARR Insurance
ARR Insurance Limited is specialized in health insurance services. It came to light in 1984 as a road and air insurance provider. Before joining the insurance space service, ARR insurance served as the Africa Air Rescue.
The ARR Unlimicare insurer offers psychiatric treatment consultations, congenital and chronic conditions, and maternity. Its treatment policy covers prescribed medicine MRIs.
6. UPA Old Mutual Insurance
UAP Old Mutual Insurance work as a financial conglomerate in Nairobi in Kenya. In addition, it has branches in Congo, the East Africa region, and South Sudan. Besides, it provides financial services specifically for banking, insurance investment, and savings. Again, it provides family health coverage, retirement plans, motor insurance, money savings, and education insurance.
7. Direct Line Insurance
Direct Line insurance company is the most reputable Kenya public service vehicle company. It was established in 1998 to protect different types of automobiles in Kenya.
Direct Line Insurance Company was ranked as Kenya's first niche underwriter business empire to specialize in motor insurance services.
8. GIC Group Insurance
The GIC Group Insurance company is the leading insurance company in Kenya. This company focuses on flexible insurance, customized and financial services, particularly for active clients.
Additionally, it provides the CIC money market fund, life assurance, asset management, CIC pensions services, and life insurance services to customers.
9. Kenya Orient Insurance
Kenya Orient Insurance company has experience of 30 years in affairs regarding the insurance industry. It provides different types of general insurance services at affordable costs.
Further, it has a unique product package that rocks in the market. It also Insurance provides retirement and life insurance solutions to organizations, groups, and individuals.
10. Liberty Insurance
Liberty Insurance company has more than 25 branches serving globally. The Liberty holding group subsidiary provides motor and personal accident policies to organizations, companies, and individuals. Moreover, it focuses on a wide array of health, travel, and home insurance services.
11. Sanlam Insurance
This insurance company was previously knowns as Pan Africa Insurance. As a public limited insurance firm, it focuses on providing multiple financial services. Now, its net worth stands at nearly $60 billion.
The company has extended its services to Australia, India, Malaysia, the United States, and the United Kingdom. Further, it specializes in retirement, investment, wealth, and financial planning services. Plus, it offers tailored and comprehensive business insights to organizations and individuals.