In Kenya, there are a number of insurance companies that have been in operation for many years. Some of these companies are government-owned, while others are privately owned. The insurance industry in Kenya continues to grow, with more companies being licensed to operate. Below is a list of the top 10 best insurance companies in Kenya according to their financial strength as of November 2022.
1. AIG Kenya-Best Commercial Insurance in Kenya
AIG Kenya is one of the leading insurance companies in the country, providing a wide range of insurance products and services to both individuals and businesses. Some of the products and services offered by AIG Kenya include motor insurance, fire insurance, marine insurance, travel insurance, and medical insurance. The company also offers a variety of other financial services, such as loans, credit cards, and investments. AIG Kenya also has a team of experienced and professional staff who are always ready to provide assistance and advice.
2. Jubilee Insurance- Best corporate and employees insurance company
Jubilee Insurance is one of Kenya’s oldest and most reputable insurance companies. They offer a wide range of insurance products, including life, health, motor, and travel insurance. Jubilee has an excellent reputation for providing quality customer service and paying claims promptly.
3. Liberty Kenya-Best Travel Insurance Company in Kenya
With over 50 years of experience, Liberty Kenya is one of the most established insurance companies in the country. They offer a wide range of insurance products, including travel, health, motor, and home insurance. Liberty Kenya also has a strong commitment to social responsibility, supporting various charitable initiatives throughout the country.
4. AAR Insurance- Number one medical insurance company in Kenya
AAR Insurance is a relatively new player in the Kenyan insurance market, but they have quickly become one of the most popular choices among consumers. They offer a wide range of insurance products, including health, motor, life, travel, and property insurance. AAR Insurance also offers some unique benefits, such as 24/7 customer support and paying claims promptly.
5. Madison Insurance- Best Children Education Insurance Company
Madison Insurance is one of the leading insurance companies in Kenya. The company offers a wide range of insurance products, including motor, home, travel, life, health, and business insurance. Madison Insurance has a team of experienced and qualified insurance professionals who are always ready to offer their clients the best possible service. The company has strong financial backing and can pay out claims promptly.
6. Heritage Insurance- Best Travel Insurance Company in Kenya
Heritage Insurance is one of the leading insurance companies in Kenya. The company offers its clients a wide range of insurance products and services. These include motor vehicle insurance, home insurance, life insurance, health insurance, and business insurance. Heritage Insurance has a strong network of agents and branches across Kenya. The company has won several awards for its outstanding performance and customer service.
7. CIC Insurance- Best home insurer
CIC insurance group is one of the leading insurance companies in Kenya, with a wide range of products and services. They have a strong focus on customer service and have a team of experienced and qualified staff. They offer a wide range of products, including life, health, motor, home, and travel insurance. They also have a range of investment products and services.
8. Kenya Alliance Insurance- Best Vehicle Insurance Company in Kenya
Kenya Alliance Insurance is one of the largest insurance companies in Kenya. They offer a wide range of insurance products, including life, health, motor, and travel insurance. They have a strong online presence and offer competitive rates.
9. Olympia Capital Holdings Limited- Best general insurance company in Kenya
Olympia Capital Holdings Limited is Kenya’s leading provider of insurance products and services. The company offers a wide range of insurance products, including life, health, motor, and travel insurance. Olympia Capital Holdings Limited is a Kenya Association of Insurance Brokers (KAIB) member.
10. ICEA Lion General Insurance- Best General Insurance Company in Kenya
ICEA Lion General Insurance is one of the leading insurance companies in Kenya. It offers a wide range of insurance products, including motor, fire, marine, personal accident, and travel insurance. The company has a team of experienced and dedicated professionals committed to providing excellent customer service. ICEA Lion General Insurance is also known for its prompt claims settlement and has a 24-hour call center to assist policyholders.
Conclusion
After careful research and review, we have compiled a list of the top 10 best insurance companies in Kenya. These companies have a proven track record of providing great service and coverage to their clients, and we are confident they will continue to do so in the future. If you are looking for a reliable and affordable insurance company in Kenya, check out one of these 10 companies.
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