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

Get ICEA Lion Group’s details, offices, contacts, services, insurance packages and history: The ICEA LION Group is a prominent financial services provider based in Kenya but offering services in the East African Region too. The Company offers a comprehensive range of products and services.

🦁 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:

🦁 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)

💼 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: