In need of information on all the accredited Bancassurance Intermidiaries in Kenya? Look no more. Bancassurance is the practice of an insurance company selling its products through a bank’s distribution channels.¹ In Kenya, this has become a popular model, and many major banks and insurance groups offer this service.

Here are some of the key institutions and groups involved in bancassurance in Kenya:

🏦 Major Banks Offering Bancassurance

Many of the top commercial banks in Kenya have established dedicated bancassurance subsidiaries or departments, offering a wide array of insurance products to their customers.

🛡️ Major Insurance Groups and Providers

The banks often partner with or own some of the largest insurance groups in Kenya to underwrite the policies.

• Jubilee Insurance: A well-known provider, often partnering with banks to offer health and motor policies.

• Old Mutual Holdings: Offers a broad spectrum of solutions including Motor, Life Assurance, and Health Insurance, and operates its own extensive bancassurance services.

• CIC Insurance Group: Popular among SMEs and cooperatives, providing life, general, and asset management services.

• Britam Insurance: Known for its diverse range of products including life, health, and general insurance.

• ICEA LION Group

• APA Insurance

• Sanlam Kenya

Bancassurance is advantageous for consumers as it offers “all-in-one convenience”—you can access banking and insurance services at one point, often with tailored packages and competitive premiums.

Full list of accredited Bancassurance Intermidiaries in Kenya {Latest}