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Kenya
1968 (58 Years)
Last online: No recent activity
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This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know CIC Insurance Group
Company Information
Get to know CIC Insurance Group
Originally founded in 1968 by the Co-operative movement of Kenya, CIC Insurance Group Plc has grown to become a prominent provider of insurance and other financial services in the region. The company was listed on the Nairobi Securities Exchange (NSE) in 2012. Its mission is to be a world-class provider of insurance and financial services, with a core business encompassing general insurance, life assurance, asset management, and pension services, primarily serving the cooperative sector and the general public.
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