List of Insurance Companies in Kenya

Insurance in Kenya still has a low penetration even across Africa as a whole. While some countries like South Africa has about 9% insurance penetration, Kenya has 3% of her population under one form of insurance or the other. There are several insurance companies in Kenya that are struggling for this 3%. The Insurance Regulatory Authority whose mission is to effectively and professionally regulate, supervise and develop the insurance industry” regulates the activities of Insurance companies in Kenya while the Association of Kenya Insurers  established in 1987 as an independent non-profit making consultative and advisory body is the organisational body that unite these companies. Below is a comprehensive list of insurance companies in Kenya.

Insurance Company - List of Insurance Companies in Kenya

  1. Blue Shield Insurance Company
  2. British American Insurance Company
  3. Cannon Assurance Company
  4. Kenya Orient Insurance Company
  5. Geminia Insurance Company
  6. GA Insurance Company
  7. Heritage Insurance Company
  8. Insurance Company of East Africa (ICEA)
  9. Capex Life Assurance Company Limited
  10. Mercantile Insurance Company
  11. Concord Insurance Company
  12. Co-operative Insurance Company
  13. Corporate Insurance Company
  14. Gateway
  15. Kenyan Alliance Insurance Company
  16. Madison Insurance Company
  17. Mayfair Insurance Company
  18. Lion of Kenya Insurance Company
  19. CFC Life Assurance Company
  20. Chartis Kenya Insurance Company
  21. Kenindia Assurance Company
  22. Directline Assurance Company Ltd
  23. Fidelity Shield Insurance Company
  24. First Assurance Company
  25. Intra Africa Assurance Company
  26. Jubilee Insurance Company
  27. Pacis Insurance Company Ltd
  28. Phoenix of East Africa Assurance Company
  29. Pioneer Life Assurance Company
  30. Real Insurance Company
  31. Shield Assurance Company
  32. UAP Insurance Company
  33. UAP Life Insurance Company
  34. APA Insurance Company
  35. Apollo Life Assurance Company
  36. Metropolitan Life Insurance Kenya Ltd.
  37. Monarch Insurance Company
  38. Occidental Insurance Company
  39. Old Mutual Life Assurance Company
  40. Pan Africa Life Assurance Company
  41. African Merchant Assurance Company (AMACO)

The Insurance Regulatory Authority achieves its goals by promoting the following qualities:

  • Integrity – Exhibit impartial, effective and professionalism with highest ethical standards by acting honestly and in a straightforward manner.
  • Team Spirit -Each is expected to work effectively with others across functional lines to accomplish objectives.
  • Meritocracy – Recognition and reward merit in work and achievements.
  • Transparency – Promotion of openness and candidness
  • Accountability – Exercising prudence in the utilization of public resources.