List of the Best Insurance Companies in Kenya

Investing in one of the best insurance companies in Kenya is one of the foundations of personal finance.

These companies provide a broad spectrum of insurance services specially designed to cater for different types of needs like health, death, and property and vehicle insurance.

By purchasing your insurance policy from a credible insurer you get stability of mind because you have adequate measures and financial procedures safeguarding you and your property against unexpected risks.

Over the years, the best insurance companies in Kenya have established a reputation for effectiveness, prompt claims handling and quality customer service.

This implies that when you need help, you get the support you need as quickly as possible.

In an era of increasing change, where new risks and uncertainties constantly occur, possessing of one the best insurance policies is not simply a sensible step, but a critical measure to create the desire to build a strong and stable financial base for yourself and your loved ones.

This is a list of the Best Insurance Companies in Kenya:

Jubilee Holdings Limited

Jubilee Holdings Limited (JHL) came into being in 1937 as the first incorporated company offering insurance services in Mombasa.

As one of the best insurance companies in Kenya, the firm has grown to be the leading composite insurer for the region, catering to over 1.9 million clients across Kenya, Uganda, Tanzania, Burundi, and Mauritius.

**Jubilee Holdings Limited Insurance company in Kenya**

In Kenya, JHL operates through subsidiaries including Jubilee Life Insurance Limited, Jubilee Health Insurance Limited, and Jubilee Asset Management Limited.

Currently listed on the Nairobi Securities Exchange, Dar es Salaam Stock Exchange, and Uganda Securities Exchange, JHL is a symbol of strong financial stability and risk control.

According to the latest release of information, Jubilee Holdings (JUB.ke) had a share price of 185.25 shillings.

JHL offers a wide range of insurance coverage, including:

Life insurance

Health insurance

Family insurance

Education insurance

Retirement planning

Investment-linked insurance

Home Insurance

Car insurance

Travel Insurance

Jubilee Holding Limited Contacts

Website: https://jubileeinsurance.com/ke/

Phone Number: 0709949000

Email:

Address: Jubilee Insurance House, Wabera Street, CBD, Nairobi, Kenya

Britam Insurance Kenya

Britam Insurance, founded in 1965, is one of the leading financial organisations that was established in Kenya.

Interestingly, Britam’s Afya Tele is the first microinsurance plan in the field of healthcare that is designed particularly for SMEs and group associations.

Earning recognition, Britam attracted the most prestigious Tall Buildings and Urban Habitat (CTBUH) award in 2019.

The same year, it was applauded as the best life insurance company by the Association of Kenya Insurance (AKI) Agents.

Britam remains a force to be reckoned with, having registered a market share rate of 5.62 Ksh by March 22, 2024.

Offering a comprehensive array of financial products and services, Britam specializes in:

Britam Insurance Kenya Contacts

Website: https://ke.britam.com/

Phone: +254-705-100-100

Email: info@britam.com

CIC Insurance Group

The company has contributed to building a strong sense of trust in the Insurance industry in Kenya with more than 25 years of service since its foundation in 1968.

This was possible through the delivery of competence and a quest for perfection, which led to excellence in terms of quality and service for customers.

CIC General Insurance appears to protect homeowners when there are instances of fire, theft, terror attacks, explosions, and other property damages.

Their domestic package also includes coverage for third-party liability and may cover injuries caused by domestic workers, thus providing an additional safety net for the homeowners.

As per March 22, 2024 records, CIC Insurance Group’s share price is 2.23 Ksh, clearly indicating its stability and resilience in serving its clients as one of the best insurance companies in Kenya.

CIC Insurance Group provides a wide range of coverage, including:

Motor Insurance

Investment in Money Market Fund

Medical Insurance

Savings for Child’s Education

CIC Insurance Group Contacts

Phone Number: +254-703-099-120

Website: https://ke.cicinsurancegroup.com/

Email:

Address: CIC Plaza, Mara Road, Upper Hill, Nairobi, Kenya

AAR Insurance

Established in Kenya in 1984, AAR Insurance has expanded to become one of the most admired and reputed insurance companies in the country.

Starting in the field of emergency evacuation services, AAR Services has been expanding to meet a diverse range of insurance solutions as per customer needs.

Through AAR’s health insurance policies, individuals and companies can get coverage for treatments for chronic and congenital conditions, for example, maternity care, psychiatric consultations, and different medical treatments.

Covers offered by AAR Insurance:

Personal Accident Cover

Individual and Family Medical Plans

ShwAARi Medical Cover

AAR Insurance Protect

Homeowner Insurance

Business Enterprise Medical Plan

WIBA Cover

School Insurance

Landlord Insurance

Professional Indemnity Cover

Marine Insurance

Travel Insurance

AAR Insurance Contacts

Phone number: +254-703063-000

Email: info@aar.co.ke

Website:

Address: Real Tower, Upper Hill, Nairobi, Kenya

Madison Insurance Company Kenya

Madison Insurance Company in Kenya is a local company founded in 1988, that qualifies as a reliable ally for parents working to secure their children’s education needs.

As one of the best insurance companies in Kenya, Madison provides significant assistance to parents in planning for their children’s educational future through the Bima ya Karo Educational Plan.

The programme guarantees that there will be no financial obstacles to gaining education, and at the same time, it allows children to realise their desires as well as support their aspirations.

Madison Insurance Co. has amassed a substantial asset portfolio, which amounts to as much as Ksh 5 billion, and therefore it promises to provide the best lines of insurance services at profitable rates.

Insurance products offered by Madison Insurance Company Kenya:

Betterlife Insurance

Motorcycle Insurance

Motor Private Insurance

Personal Accident Insurance

Student Attachment Cover

Travel Insurance

Domestic Travel Insurance

Madison Insurance Company Contacts

Phone number: +254709-922-000

Email: madison@madison.co.ke

Website: https://www.madison.co.ke/

Address: Madison House, Upper Hill Close, Nairobi, Kenya

ICEA LION Insurance

Established following the strategic business restructuring of both Lion of Kenya Insurance Company Limited (LOK) and Insurance Company of East Africa (ICEA) in 2012.

The Group has a cutting-edge and broad range of products and services in insurance, pensions, investment, and trusts. The diversified and developing clientele needs are addressed.

In 2022, ICEA Lion Life, a subsidiary of ICEA Lion Group, had a PYROS of KES 20,700,300 (USD 166,637), which ranked second after Britam in life insurance.

It offers insurance in the following sectors:

Motor Insurance

Home Insurance

Health Insurance

Travel Insurance

Education Insurance

Life Insurance

Retirement Planning

Business Insurance

Marine Insurance

ICEA Lion Insurance Contacts

Phone Number: +254 719 071999

Email:

Website: https://icealion.co.ke/

Address: PRJ4+85R, River Side Park, Chiromo Rd, Nairobi, Kenya

GA Insurance Limited

As one of the oldest and most established insurance companies in Kenya, GA Insurance Limited was founded in 1979.

Its rich history and commitment to quality general and medical insurance offerings attract so many Kenyans.

To diversify its portfolio, the company launched GA Life Assurance Limited in 2013, allowing it to provide life insurance and retirement benefit products to customers.

GA Insurance has been the source of the regional expansion ride, first entering the Tanzanian market in 2014 and later establishing operations in Uganda in 2019.

Covers offered by GA Insurance:

Personal Accident Insurance

Motor Insurance

Home Insurance

Golfers Insurance

Commercial Motor Insurance

Fire Insurance

Engineering Insurance

Accident Insurance

Liabilities Insurance

Marine & Aviation Insurance

Bonds Insurance

Political Violence Insurance

GA Insurance Contacts

Phone number: +254 709 626000/ +254 20 2711633

Email:

Website: https://www.gainsuranceltd.com/

Address: GA Insurance House, 4th Floor Ralph Bunche, Nairobi, Kenya

APA Insurance

Apollo Investments Limited, which was established in 1977, has made it its objective to make the market in East Africa feel at peace with the range of financial solutions they put forward.

Apollo stands out as one of the top players in the already crowded financial service sector in East Africa because it is devised based on the pillars of respect, integrity, and innovation.

The umbrella of Apollo Group accommodates six companies: APA Insurance, APA Life, APA Uganda, Apollo Asset Management, Gordon Court (Apollo Centre), and Reliance Insurance Tanzania.

APA Insurance, one of the major subsidiaries of the group, provides an instinct of insurance coverage suited to cater to the multiple needs of people and businesses.

Covers offered by APA Insurance:

Bima Bamba Insurance

Travel Insurance

Motor Private Insurance

Personal Accident Insurance

Enhanced Personal Accident (Flexpac)

Golfers Cover

Pet Cover

Home Insurance (Domestic Package)

APA Insurance Contacts

Phone number: (+254) 0709 912 777

Email: info@apainsurance.org

Website: https://www.apainsurance.org/

Address: Apollo Centre, Ring Rd Parklands Westlands Nairobi Kenya.

Geminia Insurance Company

The company, Geminia Insurance Limited, which is a fully owned local insurer that was formed in 1981, has over the years built a rich heritage in the East African market.

For all these years, Gemini has persisted in performing its mission to protect customers’ savings and investments from the moment it was founded.

Having had big successes in serving clients efficiently and on a personal level, Gemini has stood the test of time, becoming a reputable brand in the insurance industry with over Kshs 7.6 billion.

Covers offered by Geminia Insurance Company Limited:

Protect Myself & Family

Golfers Insurance

HomePack Insurance

Motor Insurance

Personal Accident Insurance

Travel Insurance

Protect My Business

Aviation Insurance

Bankers Blanket Insurance

Bonds

Business Combined Insurance

Directors and Officers Liability Insurance

Employers Liability Insurance

Fidelity Insurance

Machinery Breakdown Insurance

Money Insurance

Motor Commercial Insurance

Professional Indemnity Insurance

Public Liability Insurance

Wiba (Work Injury Benefits Act) Insurance

Protect My Agribusiness

Crop Insurance

Farm Protector Insurance

Greenhouse Insurance

Livestock Insurance

Protect My Property

Geminia Insurance Company Contacts

Phone Number: +254709551000

Email: info@geminia.co.ke

Website: https://geminia.co.ke/

Address: Le’Mac, 5th Floor Church Road, Off Waiyaki Way, Westlands Kenya

Kenyan Alliance Insurance

Established in 1915 to assume the operations of the Sun Alliance group, Kenyan Alliance Insurance Company has since evolved into one of Kenya’s prominent insurance providers.

As a member of the Association of Kenya Insurers, the company boasts a significant asset base of Ksh. 6.8 billion and a paid-up capital of Ksh. 700 million, reaffirming its financial stability and reliability in the market.

Situated in Nairobi’s Chester House, Kenyan Alliance Insurance offers a range of insurance solutions tailored to meet the diverse needs of individuals and corporations alike.

Covers offered by Kenyan Alliance Insurance Company:

General Insurance:

Life Insurance

Pensions

Business Focus: