Magazine date:
Mar 2014 With the acquisition of Real Insurance earlier this year, Britam now ranks in second position in the Kenyan insurance market with 11% share.
The subsidiary of the Mauritian group thus found behind Jubilee Insurance is the market leader with 11.8% share. After recruiting Mike Durek (former AIG)to lead the expansion of Jubilee in Kenya and East Africa, as well as a new CFO, Nizar Juma, Chairman of the Board of Directors declared the insurer ready "to conduct all competitions where they are."