CIC Insurance Group Ltd (CIC) – Company Profile and SWOT Analysis

CIC Insurance Group Ltd (CIC) – Company Profile & SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company.

Key Highlights

CIC Insurance Group Ltd (CIC) is a company engaged in providing a wide range of insurance and investment services. The company's main activities include offering long-term and short-term insurance products, as well as investment solutions. Its major products encompass term policies, endowment, whole life, unit link, pensions, annuities, and various short-term insurance options such as engineering, fire, liability, marine, motor, accident, theft, and workmen’s compensation. CIC serves a diverse customer base, providing financial protection and investment opportunities across different sectors, including agriculture, health, and personal finance. The company operates through a network of subsidiaries in Kenya, South Sudan, Uganda, and Malawi, targeting both regional and local markets. CIC is headquartered in Nairobi, Kenya._x000D_

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The company reported an insurance revenue of KES25,400.9 million for the fiscal year ended December 2023 (FY2023), an increase of 22.5% over that in FY2022.

Scope

• Detailed information on CIC Insurance Group Ltd required for business and competitor intelligence needs

• A study of the major internal and external factors affecting CIC Insurance Group Ltd in the form of a SWOT analysis

• An in-depth view of the business model of CIC Insurance Group Ltd including a breakdown and examination of key business segments

• News about CIC Insurance Group Ltd, such as business expansion, restructuring, and contract wins

• Large number of easy-to-grasp charts and graphs that present important data and key trends

Reasons to buy

• Track strategic initiatives of the company and latest corporate news and actions.

• Assess CIC Insurance Group Ltd as a prospective partner, vendor or supplier.

• Support sales activities by understanding your customers' businesses better.

• Stay up to date on CIC Insurance Group Ltds business structure, strategy and prospects.

Note: Some sections may be missing if data is unavailable for the company.

Companies mentioned

Sanlam Kenya Plc

Liberty Kenya Holdings Plc

Jubilee Holdings Ltd

Britam Holdings Plc

AAR Insurance Kenya Ltd

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