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Kenya Orient Insurance Company

April 3, 2012 By Leave a Comment

Kenya Orient Insurance Company Limited (KOIL) was started in 1982 by the Al-Fateem Group of Dubai and after six years in 1988 it was acquired by Kenyans. The headquarters are situated at Capitol Hill Towers 6th Floor, Cathedral Road, Nairobi.

Kenya Orient Insurance Company (KOIL) is registered under the insurance Act of Kenya and is authorized to endorse or back all classes of General Insurance Business.

The History of Kenya Orient Insurance Company

Kenya Orient Insurance Company has been in the insurance business for the last 30 years. The company has been in steady and remarkable growth and has about six branches in the country.

It has four executive directors that assist and facilitate its running together with their CEO Virginia Magondu. The mission and vision statement of the company is to provide relevant yet unique insurance products and to be the ideal insurance provider in Africa.

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The Top 10 Insurance Companies in Kenya

January 7, 2012 By

The term insurance may not be as complicated as it may sound. It can simply be defined as the payment of little money or fees for the purpose of protection against unpredicted expenses which are known as claims or losses.

After paying the fee your insurer will pay compensation for any losses you will incur as long as it lies within the terms and conditions you had agreed upon in the letter of contract you signed with that particular insurance company. The compensation is fully paid so it is making it beneficial to the insured.

Expenses occur when we least expect them, so it is all on the subject of risks and making sure that you reassign it to the insurer. There are several kinds of insurance products in the market today for example property insurance, fire insurance, liability insurance, famous travel insurance, medical insurance, auto insurance, mutual funds, home insurance, health, brokers, banking loans insurance and many others. Continue reading “The Top 10 Insurance Companies in Kenya” »

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Review of Madison Insurance Company of Kenya

December 17, 2011 By 3 Comments

Madison insurance company of Kenya like any other insurance company in Kenya is playing a very significant role in improving people’s lifestyle. In life today everyone needs a partner to be with throughout the thin and thick moments as the different phases of life come about.

Madison is willing and ready to partner with you and help you go through the process of planning for the activities and strains of your life without any fear.

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Co-operative insurance Kenya Review

December 16, 2011 By 2 Comments

It has been almost 33 years since the introduction of co-operative insurance Kenya by the co-operative movement. It has and is still one of the most vital highlights in the long search for self dependence and empowerment in the form of insurance services for the movement of co-operative and also to the common Kenyans.

CIC is made in a manner that it is able to deliver insurance services to low income earners. This is as a result of the structure of the co-operative company and the philosophy which is a very efficient and flexible form of technicality for channeling the co-operative insurance products to the less fortunate.

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