The CIC Insurance Group Company Description
The CIC Insurance Group Plc provides general and life insurance products and services in Kenya, South Sudan, Uganda, and Malawi.
It operates through Long-Term Business, General Insurance Business, Asset Management and Other segments.
The company offers long term insurance including term policies, endowment, whole life, unit link, pensions, and annuity; and short-term Insurance, such as engineering, fire, liability, marine, motor private, motor commercial, accident, theft, workmen’s compensation, and micro insurance, as well as miscellaneous comprising includes livestock and crop insurance, political violence and terrorism, sportsmen, forestry and aquaculture insurance, as well as fund management and advisory services .
It also provides investment insurance, which includes money market, equity fund, balanced fund, fixed income, wealth fund, dollar fund, and pension.
In addition, the company offers risk assessment and underwriting, claims processing and settlement, policy management and customer service, financial planning and retirement solutions, insurance education and training programs, loss prevention, fraud prevention, and webinars.
The company was formerly known as The Co-operative Insurance Company of Kenya Limited and changed its name to CIC Insurance Group Plc in September 2010.
The company was founded in 1968 and is based in Nairobi, Kenya. CIC Insurance Group Plc is a subsidiary of Co-Operative Insurance Society Limited.
Country | Kenya |
Founded | 1968 |
Industry | Insurance Carriers |
Employees | 793 |
CEO | Patrick Nyaga |
Contact Details
Address: CIC Plaza Nairobi, 00200 Kenya | |
Phone | 254 20 282 3000 |
Website | cicinsurancegroup.com |
Stock Details
Ticker Symbol | CIC |
Exchange | Nairobi Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | KES |
SIC Code | 6300 |
Key Executives
Name | Position |
---|---|
Patrick Nyaga | Chief Executive Officer |
Philip Kimani | Chief Financial Officer |