ICEA Lion Group’s Contacts, Services, Offices, Branches & Insurance Packages

Hillary Kangwana | December 11, 2025 | Insurance news | No Comments

🦁 Overview of ICEA LION Group

Core Business: A one-stop financial services provider specializing in Insurance, Pensions, Investments, and Trusts.
Geographical Presence: It has well-established operations in Kenya, Uganda, and Tanzania.
Mission: Their core mission is “To Protect and Create Wealth” for their stakeholders.
Formation: The Group was formed in 2012 as a result of a business reorganization involving the Lion of Kenya Insurance Company Limited (LOK) and the Insurance Company of East Africa (ICEA).
Ownership: The Group is owned by ICEA LION Insurance Holdings Limited, which is majority-owned by First Chartered Securities (FCS).

📈 Get ICEA Lion Group’s Key Services and Subsidiaries

The ICEA LION Group is generally structured around its four main lines of business:

Business Area	Key Subsidiary	Services/Products Offered (Examples)
Insurance (Life)	ICEA LION Life Assurance Company Limited	Life assurance plans (e.g., Endowment, Term, Whole Life), Education Plans, Mortgage Protection, Personal Accident.
Insurance (General)	ICEA LION General Insurance Company Limited	General/Non-life insurance (e.g., Motor, Home, Travel, Business/Commercial Insurance – BizBora).
Investments	ICEA LION Asset Management Limited	Unit Trusts (e.g., Money Market Fund, Bond Fund, Equity Fund), Private Wealth Management, Fund Management.
Trusts	ICEA LION Trust Company Limited	Individual and Corporate Trusteeship, Estate Planning, and various Trust funds (e.g., Milele Trust, Charitable Trust).

🦁 ICEA LION Group Overview

The ICEA LION Group is a major financial services provider in East Africa, offering a range of products in insurance, pensions, investments, and trusts.¹ The Group operates in Kenya (where it is headquartered), Uganda, and Tanzania.

📜 Get ICEA Lion Group’s History and Background

Deep Roots: The Group’s heritage can be traced back to 1895 with the roots of the Lion of Kenya Insurance Company Limited (LOK).
Establishment of ICEA: Insurance Company of East Africa (ICEA) was established in 1964.⁴ In 1976, its foreign shareholders sold their interests to local investors, making ICEA the first privately owned local insurance company in Kenya.
Formation of the Group: The ICEA LION Group was formed in 2012 through a business reorganization involving the merger of the Insurance Company of East Africa (ICEA) and Lion of Kenya Insurance Company Limited (LOK).
Internal Split (2014): The Group later split into specialized companies to enhance customer service and comply with regulations, leading to the formation of:
- ICEA LION Life Assurance
- ICEA LION Asset Management (ILAM)
- ICEA LION General Insurance

🏢 Get ICEA Lion Group’s Offices and Contacts (Kenya – Head Office)

Detail	Information
Physical Address	ICEA LION Center, Riverside Park, Chiromo Road, Westlands, Nairobi.
Postal Address	P.O. Box 30190-00100 Nairobi
Telephone	+254 (0) 20 2750 999 or +254 719 071 999 or +254 730 151 999
Email	[email protected]
Website	www.icealion.com or www.icealion.co.ke

Self Service Portal: https://selfservice.icealion.com/login

💼 Get ICEA Lion Group’s Core Services and Offerings

The ICEA LION Group organizes its offerings into four main categories:

1. Insurance (Life & General)

Life Assurance: Products focused on wealth protection and long-term savings.
General Insurance: Covering assets and personal risks.

2. Investment

Asset Management: Services for individuals and institutions to manage and grow their wealth.
Money Market Fund: A popular unit trust offering.

3. Retirement

Pensions Management: Includes Umbrella Retirement Benefits Schemes.
Personal Retirement Schemes (PRS).
Annuity and Income Drawdown Fund plans.

4. Trusts

Estate Planning services.
Corporate Trusteeship.
The Milele Trust Fund.

🛡️ Get ICEA Lion Group’s Key Insurance Packages

The Group provides a diverse range of insurance products for both individuals and businesses:

Category	Specific Packages (Examples)	Focus
Life & Savings	Usomi Bora (Education Plan)	Securing a child’s educational future.
	Endowment With Profits	Combines life cover with investment growth for a lump-sum payout.
	Anticipated Endowment	Pays out in installments before maturity while still providing life cover.
	Value Added Term Assurance	Provides term life cover and refunds full premiums at the end of the term if the insured is alive.
General Insurance	Motor Insurance (Comprehensive, Third Party)	Covers vehicles against accidents, theft, and natural disasters.
	Home Insurance (Domestic Package)	Comprehensive cover for the house structure, contents, and liability.
	Travel Insurance	Protection against medical emergencies, lost luggage, and travel delays.
Accident & Health	Family Personal Accident Insurance	Provides monetary compensation for accidental injury, disability, or death.
	Group Personal Accident (GPA)	For groups (e.g., employees, students), often bundled with WIBA (Work Injury Benefits Act) cover.
	Medical Insurance (e.g., Gold Cash Plan)	Comprehensive health cover with various plans (Bronze, Silver, Gold, etc.) covering in-patient and out-patient costs.