Top Best Insurance Companies in Kenya: Insurance companies are essential to protect yourself and your loved ones from the financial stresses caused by some problems in life. Whether it’s a health issue, an accident, travel, a sudden loss, or something else, these companies can help with financial support and security when these types of events occur.
According to the Insurance Regulatory Authority, nearly 50 insurance companies (2022) in the Kenyan market offer diversified products and services. As a result, deciding which one is best for you can be difficult. Moreover, if you have already switched from one insurance provider to another, you should be aware that not all insurance companies are equal in terms of providing services. Best Insurance Companies in Kenya
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Top Best Insurance Companies in Kenya 2022
Here are the best insurance companies in Kenya to know based on your needs and profile.
1. Jubilee Insurance Kenya: The best insurance for companies and employees
Jubilee Holding Ltd is a Mombasa-based insurance company that provides diversified services to individuals and businesses. Its insurance solutions aim to provide high quality, affordable policies to businesses and employees. Jubilee has established itself as one of the leading insurance companies in Kenya, with offices in Uganda, Tanzania and Burundi with over 450,000 clients. The company is also listed on the Nairobi and Dar es Salaam stock exchanges. Best Insurance Companies in Kenya
Furthermore, the company has received numerous awards and recognition over the years for its outstanding leadership, customer service and risk management. So when it comes to choosing the right insurance provider for organizations and employees in Kenya, Jubilee insurance Ltd is the best choice.
Address location: Jubilee Insurance House, Wabera Street, CBD, Nairobi, Kenya | Contact: +254-709-949-000
visit website https://jubileeinsurance.com/ke/
2. Britam: Kenya’s Best Life Insurance Company
The British American Insurance Corporation, also known as Britam, is a first-class financial institution established in Kenya that provides cutting edge insurance services. For example, Tele’s wellness is a small health insurance plan aimed at small and medium businesses and registered groups of ten or more people. Additionally, in 2019, the company was awarded the Tall Buildings and Urban Habitat (CTBUH) award.
Furthermore, Britam was recognized as the best life insurance company in 2019 by the Association of Insurance Agents of Kenya (AKI). Today, Britam is the most flexible and resilient life insurance company in Kenya, thanks to its unique strategy and years of experience in the market. Best Insurance Companies in Kenya
Address: Elgon Road, Upper Hill, Nairobi, Kenya | Contact: +254-705-100-100 | Email: info@britam.com
Visit website: https://ke.britam.com/
3. CIC Insurance General: Best Home Insurance Provider
Many homeowners don’t realize the value of home insurance until something goes wrong. Such as a fire, burglary, terrorist attack, explosion or anything else that will damage property. As a result, owning a local package gives you peace of mind, knowing that you will be compensated in such situations. This is where CIC insurance comes in. Third party liabilities and domestic employees from accidental injury are also covered.
CIC General Insurance is one of the most reputable insurance and financial services companies in Kenya. The insurance company, which has been in operation for nearly three decades, has thousands of satisfied customers. Today CIC ranks among the best home insurance companies in Kenya. Best Insurance Companies in Kenya
Address location: CIC Plaza, Mara Road, Upper Hill, Nairobi, Kenya | Contact: +254-703-099-120
Visit website: https://cic.co.ke/
4. AAR Insurance: Best Medical Insurance Company
AAR Insurance is one of the oldest and most reputable insurance companies in Kenya. It started its operations in the country in 1984. Its initial business concept was to evacuate accident victims by air and by land. However, AAR has expanded its offerings to its customers over time. With the AAR health insurance policy, individuals and businesses enjoy comprehensive coverage that includes chronic and congenital conditions, maternity therapy consultations, psychotherapy, and therapies.
Address location: Real Tower, Upper Hill, Nairobi, Kenya | Contact: +254-703063-000 | Email: info@aar.co.ke
Visit website: https://www.aar-insurance.com/
5. Madison: Best Child Education Insurance Company in Kenya
One of the most important goals of every parent is to have a successful education for the child. Madison, a local insurance company incorporated in Kenya in 1988, will help you achieve this goal. Bima ya Karo Education Plan is a program that you offer. It is a great insurance option for parents who want to save money for their children’s education. It is a way of ensuring children’s education in the future. By covering expenses, this strategy allows children to pursue their ambitions. The company currently has an asset base of 5 billion Kenyan shillings. It offers some of the best insurance products in the country at competitive rates.
Address location: Madison House, Upper Hill Close, Nairobi, Kenya | Contact: +254-202-864-000
Visit website: https://www.madison.co.ke/
6. First Assurance: Kenya’s Best Marine Insurance
The First Assurance Company was pioneered by the Prudential Assurance Company PLC, a British multinational insurance organization that began operations in East Africa in 1930. Prudential Assurance changed its name to First Assurance Company Limited in January 1991, when it became a wholly owned Kenyan company. The company offers one of the most comprehensive insurance policies for the marine industry. Best Insurance Companies in Kenya
From the initial port to the final destination, marine insurance protects against loss or damage to ships, cargo and any valuable products. When transporting important goods by sea, air or land, you must ensure their safety from loss or damage. This is where the first guarantee comes into play. Protects goods in transit from the initial loading area to their final destination from being lost or damaged.
Address location: Dagoretti South, First Assurance Hse, Gitanga Rd | Contact: +254-202-715-464
Visit website: https://firstassurance.co.ke/
7. Resolution Kenya: Best Travel Insurance Company
Good travel insurance providers are those who make it easy to get coverage and get you covered in the event of an accident. Kenya understands this better. Founded in 2002, the company today offers one of the best travel insurances with an exceptional approach. Anyone traveling abroad will appreciate the peace of mind that travel insurance coverage provides. It not only covers the costs of unexpected events, but also provides practical assistance during your absence – 24 hours a day, 365 days a year.
Moreover, Resolution Insurance is one of the few insurance companies in Kenya that allows policyholders to pay premiums in monthly installments that suit them. It is among the best insurance companies in Kenya. Best Insurance Companies in Kenya
Address: Parkfield Place, Muthangari Drive, Nairobi, Kenya | Contact: +254-709-990-000 | Email: info@resolution.co.ke
Visit website: https://www.resolution.co.ke/
8. Kenya Alliance Insurance: Best Car Insurance Company in Kenya
The Kenya Alliance Insurance Company was established in 1915 with the aim of taking over the operations of the Sun Alliance Group. The organization has grown into one of the leading insurance companies in Kenya as a member of the Association of Insurance Companies of Kenya. With a Kenyan shilling. 6.8 billion base assets and Kenyan shillings. 700 million paid-in capital.
Today, the organization provides one of the best car insurance services in Kenya.
Address Location: Chester House, 1st Floor, Kenyatta Avenue, Nairobi | Contact: +254-202-241-626
visit website: https://kenyanalliance.co.ke/
Conclusion:
Whether you are an individual or a company, remember that choosing the right insurance service provider is critical. Additionally, the above list includes some of the leading insurance companies in Kenya. However, many other insurance companies offer great and flexible insurance packages to suit everyone. Protecting yourself, your family, and your assets from potential loss and damage is no longer an option. It has become necessary.
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