CIC profits increase by 818 per cent to KSh1.4 billion in 2023

CIC Insurance Group’s 2023 profit after tax increased by 818 per cent of Sh1.4 billion  as a result to the improved investment income and growth in insurance revenue. “The business maintained a growth trajectory driven by the execution of our transformational initiatives focusing on customer experience, performance management, operational efficiency, digital transformation, research and innovation,…

Read More

CIC insurance named Kenya’s fastest growing brand

In an incredible year for Kenyan brand growth, CIC Insurance Group emerged as the fastest-growing brand, with a 63 per cent increase in brand value to KSh1.9 billion. This growing is predominantly attributed to its increased Brand Strength Index score of 82.98, indicating enhanced customer perceptions and heightened brand strength. CIC Insurance Group’s AAA- rating…

Read More
Equity Bank Fourways Branch

Equity Bank named Kenya’s most admired brand

Equity Bank has once again been recognized as Kenya’s most admired brand, as banks top the list of best brands in the country. According to the latest report by brand valuation consultancy firm–Brand Finance, Equity attained a brand value increased to KSh65.8 billion, representing one per cent increase. Safaricom follows closely with KSh58.1 billion then…

Read More

Captains of Industry: A chat with Richard Nyekenogo, Divisional GM CIC Insurance Group

Regional underwriter CIC Insurance Group, the market leader in providing insurance services to the co-operatives holds firm as the dominant player in the sector with significant control of the business.  What keeps the company on track? The company’s Co-operatives Division General Manager Richard Nyekenogo shares with Malachi Motano of Sacco Review. According to the General…

Read More
Don`t copy text!