The CIC Insurance Group Plc (NASE: CIC)
Kenya flag Kenya · Delayed Price · Currency is KES
2.180
+0.180 (9.00%)
At close: Nov 22, 2024

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.

The CIC Insurance Group Plc
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