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Your pan-African insurance broker

Kenya

OLEA Kenya

Kenya

OLEA Kenya

Expertise
Expertise
Property & Casualty
Employee Benefits
Construction
Financial Lines
Political Violence & Terrorism
Pension
Motor
Transport
Business Interruption
Cyber
Property & Casualty
Employee Benefits
Construction
Financial Lines
Political Violence & Terrorism
Pension
Motor
Transport
Business Interruption
Cyber

SOME KEY FIGURES

Country information
Population: 49.8 million
GDP per capita: $ 2,219
GDP growth in 2022: 5.3%
GDP growth in 2023: 5.0% (forecast)
Economy Highlights
Africa's sixth-largest economy (2020), but also East Africa's largest, playing a central role in the East African Community, Africa's first common market.
Diversified agriculture (40% of GDP, world's third-largest tea producer) and dynamic service sector (IT, telecommunications and financial services).
Mombasa is Africa's third-largest port.
Mineralized sand deposits (including ilmenite, rutile and zircon)
Hydrocarbon deposits have been discovered in the northwestern Turkana region.
A fast-growing population and an emerging middle class
Continuation of the President's Big Four Agenda (a program initially scheduled to run until the end of 2022 but likely to last longer), which focuses on food self-sufficiency, manufacturing jobs, universal health coverage and better access to housing.
Insurance market
Market size in millions: USD 2,100
Penetration rate as % of GDP: 2.24
The subsidiary
Date of creation
2014
Collaborators
21
Address
2nd Floor, The Westwood, Ring Road Parklands, Westlands, Nairobi
Spoken languages
French, English
Contact
kenya@olea.africa

Anthony M. Wachira

Managing Director

Anthony holds a Bachelor of Science Degree in Actuarial Science as well as local and international insurance certifications. He has a wealth of experience in insurance broking, reinsurance and placement of specialty risks for local corporates and multinationals. He joined OLEA Kenya in 2021 to focus on distribution and channel development with a bias on Employee Benefits. Prior to that he has worked for Alexander Forbes Risk & Insurance Brokers and Aon Kenya. He was appointed as the new MD of OLEA Kenya on April 1st 2023.

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© OLEA 2023 – LEGAL INFORMATIONS – SITEMAP – COOKIES MANAGEMENT – UPDATED ON : 12/03/2023

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