Who owns ICEA Lion?

Who owns ICEA Lion?

Prudential Financial, Inc.
2021. US based global financial services leader Prudential Financial, Inc. through Leapfrog Strategic Africa Investments (LSAI) acquired a 24% stake in ICEA LION Insurance Holdings Limited.

What does ICEA Lion deal with?

ICEA LION General Insurance Company provides general insurance services to clients in East Africa. It has numerous products targeting the general insurance segment. The product range includes car insurance Kenya, domestic package, travel insurance, WIBA, contractors all risk, personal accident convers among others.

How old is ICEA Lion?

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.

What is full ICEA?

ICEA. Insulated Cable Engineers Association. Academic & Science — and more…

When did ICEA start in Uganda?

5th August 1999
History of ICEA The journey in Uganda started on 5th August 1999 with the incorporation of Insurance Company of East Africa (Uganda) Limited. The company opened its doors for business in 2000 with 10 employees that has now grown to over 100.

What does ICEA insurance company do?

ICEA LION Group is a one-stop financial services provider offering innovative products and services in insurance, pensions, investments and trusts. We are one of the largest providers of insurance and financial services in East Africa with well-established operations in Kenya, Uganda and Tanzania.

What does ICEA do in Uganda?

How do I pay my ICEA via mpesa?

How to use ICEA LION Life Policy Paybill Number 300 900

  1. Go to SIM tool kit and select Safaricom.
  2. Select lipa na Mpesa.
  3. Select Paybill.
  4. Enter ICEA LION Life Policy Paybill Number 300 900.
  5. Enter account number i.e the last 5 digits of your policy number.
  6. Enter amount to send.
  7. Enter Mpesa pin.

How do I withdraw from ICEA Lion?

Conversation. With DigiTrust, you can deposit and withdraw from our Money Market fund on a secure platform with an initial investment of as low as KES 500 and a top up of any amount. You can also make withdrawals conveniently via WhatsApp ( for amounts below KES 10,000) anytime!

How do you pay for ICEA premiums?

You can pay your ICEA LION General Insurance premiums via M-pesa; Paybill 300901; your account number is your policy number if it is premium. Call us on 0719071999 to learn more.

How many insurance brokers are in Kenya?

Structure of insurance industry in Kenya (2018)

Market players Total
Reinsurance companies 5
Insurance brokers 215
Reinsurance brokers 14
Total 287

Which is the best performing money market fund in Kenya?

Cytonn Money Market Fund
Summary: Money Market Funds in Kenya

Rank Fund Manager Daily Yield
1 Cytonn Money Market Fund 10.00%
2 Zimele Money Market Fund 9.56%
3 Sanlam Money Market Fund 8.86%
4 Nabo Africa Money Market Fund 8.83%

How do I invest in money market in Kenya?

The Minimum Initial Investment varies from as low as Ksh 1,000 for funds such as Britam Money Market Fund to as high as Ksh 10,000 for funds like Apollo Money Market Fund. However, most MMFs require a minimum lump sum investment of Ksh 5,000 and voluntary minimum top-ups of Ksh 1,000 as and when you can make them.

Does ICEA Lion offer loans?

Policy Loan: You can take a loan against your premiums from year 3 (36 months of contributions) and the loan amount is dependent on the value of your policy at that time not the Sum Assured. Tax-Free benefit: When your policy matures, you will get the full Sum Assured paid to you Tax-Free.

Which insurance is best in Kenya?

Today, we are going to look at the best medical insurance in Kenya.

  • Allianz Insurance Company Ltd.
  • APA insurance.
  • Britam.
  • CIC Group.
  • Kenindia Assurance Company Limited.
  • Kenyan Alliance Insurance Company Ltd.
  • Madison Insurance.
  • Jubilee Insurance.

How do I become an insurance broker in Kenya?

Brokers / MIP’s Registration Requirements

  1. Registration fee KES.
  2. Bank guarantee of KES.
  3. A Professional Indemnity Insurance Policy with a minimum limit of KES.
  4. A minimum paid-up share capital of KES.
  5. CR-12 form detailing the shareholding structure of the company.

How do I invest in ICEA Lion?

To start a Money Market Fund with ICEA LION. Visit INVEST.ICEALION.COM or dial *793# to start investing with us. With as little as KES 500 and in 4 easy steps you can become a Money Market Fund investor today!