Following a year marked by significant expansion, First Assurance has officially honored its key intermediary partners, acknowledging their pivotal role in driving the company’s robust financial performance and strengthening its market presence in 2025.
In a celebratory breakfast meeting held in Nairobi, the firm’s senior management, led by the Managing Director, hosted Nairobi-based intermediaries to reflect on a successful 2025 and strengthen professional ties.
During the year under review, the company put more emphasis on corporate governance and sustainability, aligning remuneration policies with long-term performance and risk management, as well as integrating ESG considerations into investment decisions and product development.
The company also put more emphasis on risk management and internal controls by enhancing analytics, scenario testing, internal controls, compliance and cyber resilience
“Risk management remains integral to our strategy. We continued to strengthen our enterprise risk framework covering underwriting, market, credit, liquidity, operational and strategic risks,” said Lokonyo.
The MD expressed optimism over continued growth in 2026, noting that the company will pursue disciplined growth, further digitalisation, product innovation and prudent capital management to create sustainable value for policyholders and shareholders.
“We expect 2026 to remain dynamic, with continued digital disruption, evolving regulatory expectations and variable macroeconomic conditions likely to continue shaping growth,” he stated.
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