Insurance industry has been growing steadily in kenya for the past 5 years. Although according to statistics, less than 5 percent of Kenyans are insured, this leaves many people living in risk and spending more money that they would use for other purposes there increasing the level of poverty.
Although many insurance companies are mostly for the middle income families, there are now smaller packages that have been designed for the low income people. For instance, there is a package you can subscribe to that lets you pay only 20-50 shillings daily.
As the companies increase and as more Kenyans get different types of insurances, there more the rates become cheap. here is a list of local insurance companies you can check out.
AAR Insurance Company Kenya
APA Insurance - is Part of Apollo Investments Company
Africa Merchant Assurance Company - AMACO
Apollo Life Assurance - Part of Apollo Investments Company
AIG Kenya Insurance Company
British-American Insurance Company (Kenya) - Part of British-American Investments Company
Cannon Assurance
Capex Life Assurance Company
CIC General Insurance - Part of the CIC Insurance Group Limited [2]
CIC Life Assurance - Part of the CIC Insurance Group Limited [3]
Continental Reinsurance
Corporate Insurance Company
Directline Assurance Company
East Africa Reinsurance Company
Fidelity Shield Insurance Company
First Assurance Company
GA Insurance - Part of the I&M Bank Group
Geminia Insurance Company
ICEA LION General Insurance Company - Part of the ICEA LION Group
ICEA LION Life Assurance Company - Part of the ICEA LION Group
Intra Africa Assurance Company
Invesco Assurance Company
Kenindia Assurance Company
Kenya Orient Insurance
Kenya Reinsurance Corporation
Liberty Life Assurance Kenya Limited - Part of Liberty Kenya Holdings Limited
Madison Insurance Company Kenya
Mayfair Insurance Company
Mercantile Insurance Company
Metropolitan Life Insurance Kenya
Occidental Insurance Company
Old Mutual Life Assurance Company
Pacis Insurance Company
Pan Africa Life Assurance
Phoenix of East Africa Assurance Company
Pioneer Assurance Company
Real Insurance Company - Part of British-American Investments Company
Resolution Insurance Company
Takaful Insurance of Africa - Associate of the CIC Insurance Group Limited[4]
Tausi Assurance Company
Heritage Insurance Company - Part of Liberty Kenya Holdings Limited
Jubilee Insurance Company Limited
Monarch Insurance Company
Trident Insurance Company
UAP Insurance Company - Part of UAP Holdings
UAP Life Assurance - Part of UAP Holdings
Xplico Insurance Company
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