CIC Insurance

CIC Insurance Group Plc is a leading insurance and financial services provider headquartered in Nairobi, Kenya. Established in 1968 as a department within the Kenya National Federation of Co-operatives, it has evolved into a prominent cooperative and micro-insurance provider in Africa. The group operates in Kenya, Uganda, South Sudan, and Malawi, offering a range of services including general insurance, life assurance, medical insurance, asset management, and real estate investment trusts (REITs) .

Key Highlights

• Foundation and Growth: Founded in 1968, CIC Insurance Group has expanded its footprint across East Africa, with subsidiaries in Kenya, Uganda, South Sudan, and Malawi. It is the only cooperative insurance entity listed on the Nairobi Securities Exchange (NSE) .

• Financial Performance: As of 2024, the group reported a profit before tax of KES 3.9 billion, marking a 57% increase from the previous year. Total assets grew to KES 61.9 billion, and assets under management reached KES 152 billion .

• Product Offerings: CIC provides a diverse portfolio of insurance products, including motor, health, life, agriculture, and micro-insurance. Its asset management services encompass unit trusts, pension funds, and REITs .

• Sustainability Initiatives: In 2024, CIC launched a six-year sustainability plan focusing on environmental stewardship, social responsibility, economic resilience, and responsible governance. Goals include increasing microinsurance policies to 25% by 2030 and achieving gender balance across the workforce .

• Awards and Recognition: CIC has received multiple accolades, such as Life Insurer of the Year and Best Insurance in Product Innovation at the 2023 Think Business Insurance Awards .

  📍 Head Office – Nairobi, Kenya

  • Address: CIC Plaza, Mara Road, Upperhill, Nairobi

  • Phone: +254 703 099 120 or (020) 282 3000

  • SMS: 22471

  • Email: callc@cic.co.ke

  • WhatsApp: +254 703 099 000

  • Website: cic.co.ke