ICEA LION GROUP

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Banking, microfinance, insurance
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About

ICEA LION Group is a premier one-stop financial services provider offering innovative insurance, pensions, investments, and trusts across East Africa. While our roots date back to 1895, our modern identity was forged through the 2012 merger of the Insurance Company of East Africa (ICEA) and Lion of Kenya Insurance Company Limited (LOK). This strategic horizontal integration combined two top- five insurers to enhance competitiveness, efficiency, and market share.. In 2024, we reached a historic milestone: celebrating 60 years since the establishment of our Life Assurance business in 1964. This legacy is built on a foundation of resilience and trust, as evidenced by our financial strength AAA (KE) rating and a robust asset base of KES 194.2 billion as of the 2023 year-end results. Today, we continue to shape the region’s financial landscape by protecting and creating wealth for over 1.6 million clients. We stay firmly focused on the future through digital transformation and strategic international partnerships with Mitsui Sumitomo Insurance Group. By leveraging global expertise and the dedication of our workforce, Team Simba, we remain committed to delivering excellence and driving economic prosperity across Kenya and beyond.

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Key facts
Location
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Size
500-1000 people
Industry
Banking, microfinance, insurance