ICEA Lion Group
ICEA LION General Insurance Company provides general insurance. The company was founded in 2011 and is based in Nairobi, Kenya. ICEA LION General Insurance Company operates as a subsidiary of ICEA LION Insurance Holdings Limited. The bank has grown to become one of the largest financial service providers in the region with well-established operations in Kenya, Uganda and Tanzania. The Group was formed when Insurance Company of East Africa Limited (ICEA) and Lion of Kenya Insurance Company Limited (LOK) merged in 2011.
It has numerous products targeting the general insurance segment. The product range includes motor insurance, domestic package, travel insurance, WIBA, contractors all risk, personal accident convers among others. The company is a subsidiary of the ICEA Lion group, which was formed after the merger between the Insurance Company of East Africa (ICEA), and Lion of Kenya Insurance Company. The merger made ICEA-LION general insurance company one of the largest and strongest players in the Kenyan insurance sector because of the strength of the combined balance sheets of the two companies.