The year 1978 proved to be a milestone for the Insurance Sector in the region, Indian Insurance Companies operating in Kenya decided to merge and form a vibrant joint venture with moral and financial support from leading local business elite. The idea became reality on 6th December 1978 with the birth of Kenindia Assurance Company Limited.
The following are the insurance companies working in Kenya which merged in 1979 to form Kenindia:
- New India Assurance Co. Ltd.
- Oriental Insurance Co. Ltd
- United India Insurance Co. Ltd.
- Life Insurance Corporation of India
Since then, Kenindia has grown from strength to strength to become a leading household name in Kenya. By 1996, a span of 18 years, the Company had crossed the KShs. 2 billion gross premium income mark to become the largest non-life Insurer in Kenya. This profile is in itself a statement of the remarkable stage the company has reached in its evolution since that merger in 1978.
By 2007, a span of 29 years, the company had crossed the Ksh 3 billion gross premium income mark to become the largest non-life insurer in Kenya. This profile is in itself a statement of the remarkable stage the company has reached in its evolution since that merger in 1978.
INDIVIDUAL LIFE INSURANCE
Life insurance can be an important part of your personal safety net, especially if you have financial dependents. Kenindia, a leading provider of life insurance to millions of customers in Kenya and the region, can work with you to find easy and affordable life insurance solutions.
- Investment plans
- Endowment plans
- Whole life plans
- Term assurance plans
- Group insurance plans
- Individual pension plans
Through M-PESA you can now pay your Kenindia Individual Life Policy Renewal Premium.
- Select M-PESA on your phone and press OK
- Select Pay Bill then press OK
- Enter 514600 as Business Number and Press OK
- Enter Policy Number & Surname as Account Number and press OK
- Enter Premium Amount and Press OK
- Enter your M-PESA Pin and press OK
You will receive SMS Containing Amount Sent to Kenindia Assurance Co. Ltd