Tag: CIC

CIC Targets Senior Citizens With New Mediplan Insurance Cover

Speaking during the launch, Managing Director CIC General Insurance Mr. Fred Ruoro said, “As you age, medical care becomes more expensive. Senior citizens without a medical cover end up spending most of their hard-earned life savings to cater for medical expenses which drives people into abject poverty.”

CIC Group HY Profits Plunge 96% on Losses in Life Insurance

Life insurance has proven to be a heavy cost on CIC Insurance Group as the listed firm saw profits dip by 96% during the first half of 2019. Having posted a profit of Ksh537 million at the mid point of last year, the company has...

CIC Insurance Group profits jump 30.7% to Sh625 million

CIC Insurance Group posted a 30.7% year on year rise in profits to Ksh625 million for the year ending December 31, 2018. The insurer, which has now been operating for 50 years, announced in its full year results that gross written premiums increased by 11%...

Mobile insurance cover that more than triples your money

CIC Life Assurance Company, a subsidiary of CIC Insurance, has introduced a new way of buying life insurance using mobile airtime. CIC Bima Credo is structured to enable consumers pay for their life insurance premiums in affordable amounts and as part of their daily...