The Company
GA Insurance Limited is one of the oldest insurance companies operating in Kenya underwriting all classes of general and medical insurance. The company has its parentage from General Accident UK and has been operating in East Africa for over 70 years. It was incorporated as a Kenyan Insurance Company in 1979. The company over a period of time has earned its standing as one of the most reputable insurance companies in Kenya.
In 2006, the company was acquired by the promoters of I&M Bank Group in Kenya. The Bank has operations in Kenya, Tanzania, Rwanda and Mauritius.
The promoters also have interests in portfolio of well-diversified businesses like bottling plants for Coca Cola, Manufacturing, Real Estate etc.
GA Insurance Limited has reinsurance treaties with a consortium of rated international reinsurers led by Africa Re who are rated A by A.M. Best and Standard & Poor’s Global.
Societal Impact is at the heart of GA’s culture. We believe that businesses have a role to play in making the world a better place. It regularly carries out and supports impact programs in identified focus areas of Education, Environment and Water targeted at making positive contribution in the lives of underprivileged communities.
GA Insurance Limited launched its fully owned life insurance subsidiary in June 2013, ‘GA Life Assurance Limited’. The company offers Life Insurance and Retirement Benefit solutions.
In October 2022, Global Credit Rating upgraded GA Kenya’s national scale financial strength rating to AA-(KE) from A+(KE) on sustained profitable growth of its core business while maintaining high earnings. This was reinforced by sound liquidity, supported by positive operational cash generation.
GA Insurance received recognition in 6 different categories during the 2023 Think Business Insurance Awards which included the General Insurer of the year award, Major Loss Award, Medical Underwriter award and Most Customer Centric Underwriter Award among others. GA Insurance Ltd was awarded Superbrand status in East Africa by Superbrands, the world’s largest independent authority on branding. The company was recognized for enduring excellence in brand distinction, financial growth, reliability and quality of service and products.
GA started its regional expansion in 2014 entering the Tanzanian market in 2014 with GA Insurance Tanzania Limited. The company made an entry into Uganda in 2019 with 100% acquisition of a local company which is now operating as GA Insurance Uganda Limited. The company has aggressive plans for Pan Africa footprint.
Vision
To be the most trusted insurance company
Mission
We are committed to fulfilling our obligations while maximizing our stakeholder value
Values
- Integrity-We Keep our Promises
- Respect-We value our stakeholders
- Enthusiasm-We enjoy what we do
- Professionalism-We excel in what we do
- Transparency-We are clear and accessible