Geminia Insurance

What Geminia Insurance does

Geminia Insurance Company Limited is a fully locally-owned Kenyan general insurance company founded in 1981 in Nairobi and Mombasa, now operating 6 branches across Kenya (Nairobi HQ/Westlands, Nairobi CBD, Mombasa, Eldoret, Kisumu, Nakuru) with 101–250 employees. The company underwrites more than 30 distinct products spanning personal lines (motor, home pack, personal accident, travel, golf, burglary), commercial lines (SME, aviation, bankers blanket, bonds, contractors all risk, D&O, professional indemnity, WIBA, marine cargo/hull, political violence), agribusiness (crop, livestock, greenhouse, farm protector, pet), and specialty risks (drone/UAS, electronic equipment). Its risk capacity is supported by a diversified reinsurance panel anchored by Swiss Re, Chaucer Syndicates, Sirius International, Kenya Re, PTA/ZEP Re, East Africa Re, and Continental Re.

Revenue is generated through recurring insurance premiums across these lines, with pricing varying by coverage, sum insured, and risk profile; commercial products are typically custom-quoted while retail products have published premium tiers. Distribution is multi-channel: a self-service online portal (portals.geminia.co.ke), MPESA Paybill 553201 for mobile-money premium payments, an agent and broker network, and physical branches. The company historically scaled gross written premium from Kshs. 1 billion (2012) to Kshs. 5 billion (2019), holds an asset base above Kshs. 7.6 billion, and in 2021 demerged its life insurance operations into a separate wholly-owned subsidiary, Geminia Life Insurance Co. Ltd.

The technology stack is conventional for an incumbent African general insurer — online portal, MPESA integration, Google Analytics, geofencing, and a customer-service chatbot — with no proprietary AI/ML or underwriting models disclosed. Marketing relies on social media, a Knowledge Center and newsletter, and the branch/agent network. Leadership is led by Chairperson Tabitha N. Kimani and Managing Director Ben J. Ndegwa, with no external institutional investors, public listing, or recent funding events identified.

Name

Geminia Insurance

Legal name

Geminia Insurance Company Limited

Website

https://geminia.co.ke

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

101–250 employees

Short description

Geminia Insurance is a Kenyan general insurer founded in 1981, underwriting 30+ personal, commercial, agribusiness, and specialty insurance products for individuals, SMEs, and institutions across Kenya via branches, agents, and an online portal.

Ownership category

akta.pro rank

Headquarters

HQ city

Nairobi

HQ country

Kenya

HQ region

Africa

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Insurance Premiums: Geminia Insurance generates revenue through collecting insurance premiums from policyholders across multiple insurance categories including motor, home, business, agricultural, aviation, and specialty insurance lines. Premiums are collected as recurring payments (annual or periodic) in exchange for coverage against specified risks.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Geminia Insurance Company Limited underwrites and distributes a broad range of general insurance products across four pillars: Personal lines (Motor Insurance, Home Pack Insurance, Personal Accident, Travel Insurance, Golfers Insurance, Burglary Insurance), Commercial/Business lines (Aviation, Bankers Blanket, Bonds, Business Combined, Directors and Officers Liability, Contractors All Risk, Employers Liability, Fidelity, Machinery Breakdown, Money, Motor Commercial, Political Violence and Terrorism, Professional Indemnity, Public Liability, WIBA, SME Insurance), Agricultural lines (Crop, Farm Protector, Greenhouse, Livestock, Dogs and Pet), and Property/Specialty lines (Marine Cargo, Marine Hull, Plate Glass, Stock Floater, Drone/Unmanned Aircraft System, Electronic Equipment). Coverage is delivered via physical branches, insurance agents/brokers, an online self-service portal, and MPESA mobile-money premium collection.

Product overview

Geminia Insurance Company Limited is a fully local-owned Kenyan insurance company founded in 1981, providing innovative products and services in general insurance. The company operates a portfolio of 30+ distinct insurance products organized across five main categories: Personal (Motor, Home Pack, Personal Accident, Travel, Golfers, Burglary, and SME Insurance), Business (Aviation, Bankers Blanket, Bonds, Business Combined, Directors & Officers Liability, Contractors All Risk, Employers Liability, Fidelity, Machinery Breakdown, Money, Motor Commercial, Political Violence/Terrorism, Professional Indemnity, Public Liability, and WIBA), Agribusiness (Crop, Farm Protector, Greenhouse, Livestock, and Pet Insurance), Property (Marine Cargo, Marine Hull, Plate Glass, Stock Floater, Drone, Electronic Equipment), and Commercial. These products are distributed through branch offices, agents, brokers, and an online portal. The company has an asset base of over Kshs. 7.6 Billion and supports its risk portfolio through reinsurance partnerships with Swiss Re, Chaucer Syndicates, Kenya Re, and others.

Differentiator

Problem solved

Functional benefit

Products and services

• Motor Insurance Vehicle insurance covering third-party liability, fire, theft, and accidental damage with Third Party, Third-party Fire & Theft, and Comprehensive options for private cars, commercial vehicles, school buses, tractors, and agricultural vehicles.
• Home Pack Insurance Comprehensive homeowners package covering buildings, contents, all risks, domestic employees under WIBA, employers liability, owners liability, occupiers liability, with optional extensions for life rider, personal accident, critical illness, terrorism, and guest effects.
• Personal Accident Insurance Coverage for accidental death, permanent disablement, temporary total disablement, and medical expenses, with optional extensions for life extension, reconstructive surgery, artificial appliances, local evacuation, last expenses, and critical illness.
• Travel Insurance 24-hour worldwide coverage for accidental injuries, loss of checked-in baggage, medical expenses, personal accident, personal liability, cancellation, and curtailment insurance.
• Golfers Insurance Protection against loss or damage to golf equipment on course or club premises, legal liability, personal accident, hole-in-one reimbursement, personal effects, and medical expenses while golfing.
• SME Insurance Combined policy for small and medium enterprises covering fire, special perils, business interruption, burglary, electronic equipment, all risks, money, plate glass, fidelity guarantee, goods in transit, and carriers liability.
• Burglary Insurance Coverage for loss or damage from forcible entry/exit, property damage during theft, and riot, strike, and civil commotion.
• Motor Commercial Insurance Commercial vehicle coverage including own goods, general cartage, and school/institution bus with passenger legal liability extension.
• Aviation Insurance Tailor-made policy covering aircraft damage, passenger legal liability, third-party liability, airport owners/operators liability, and aviation personal accident for crew.
• Bankers Blanket Insurance Protection for financial institutions against criminal activities including employee infidelity, theft, embezzlement, forgery, hold-ups, fraud, cyber crime, money in transit, and ATM losses.
• Bonds Financial guarantee bonds including Performance Bonds, Immigration/Security Bonds, Bid/Tender Bonds, and Customs/Import Bonds.
• Business Combined Insurance Combined policy for SMEs protecting against fire, loss of profit, burglary, money, goods in transit, buildings, plate glass, public liability, WIBA, employers liability, and group personal accident.
• Directors and Officers Liability Insurance Coverage for legal suits against directors for violation of official duties, with sections including individual indemnity, company reimbursement, and securities coverage for listed companies.
• Contractors All Risk Insurance All risks cover for contractors protecting against physical damage during construction of buildings, bridges, dams, roads, and other projects; covers materials, plant equipment, principals property, and third-party liability.
• Employers Liability Insurance Protection for employers' legal liability under Common Law for damages from lawsuits filed by injured employees; covers court awards, damages, settlement claims, and consequential claims.
• Fidelity Insurance Protection against loss from employee infidelity including forgery, embezzlement, larceny, and fraudulent conversion, covering named individuals, positions, or blanket department coverage.
• Machinery Breakdown Insurance Coverage for machinery against sudden accidental loss from electrical damage, centrifugal forces, water shortage, foreign bodies, safety device failures, overheating, impact, and pressure defects, with optional loss of profits extension.
• Money Insurance Coverage for loss of cash in transit or in safe and hold-up situations, with personal accident cover for staff and damage to employee clothing/personal effects.
• Political Violence, Terrorism & Sabotage Insurance Coverage for physical loss or damage from terrorism, sabotage, riots, strikes, civil commotion, malicious damage, mutiny, coup deter, war, and civil war.
• Professional Indemnity Insurance Coverage for legal liability from errors, omissions, or negligence in professional duties, including legal defense costs and personal accident for accidental death, disability, medical and funeral expenses.
• Public Liability Insurance Protection against third-party legal liabilities from accidents, injuries, and negligence claims, covering damages, medical expenses, lawsuit defense costs, and products liability.
• Work Injury Benefits Act (WIBA) Insurance Compulsory insurance providing employee compensation for work-related injuries and diseases, covering death, permanent total disablement, and temporary total disablement with income replacement up to 52 weeks.
• Crop Insurance Coverage for physical loss or damage to growing crops from drought, pests, disease, hail, flood, fire, lightning, earthquake, riot, strike, explosion, and windstorm, with multi-perils, horticulture, named peril, area index-based, and weather index-based options.
• Farm Protector Insurance Comprehensive agribusiness policy covering biological assets (crops/livestock), buildings, machinery, office equipment, WIBA, goods in transit, deterioration of stock, loss of profit, and farm motor vehicles.
• Greenhouse Insurance Coverage for greenhouse structures, plastic cladding, steel structures, crops, transit of harvested produce, machinery breakdown, and irrigation equipment.
• Livestock Insurance Coverage for livestock death from accidents, illness, epidemics, and emergency slaughter, with extensions for theft, transit risks, and calving/furrowing risks; covers cows, sheep, goats, pigs, and horses.
• Dog and Pet Insurance Mortality insurance for dogs, cats, parrots, guinea fowl, and domestic pets covering accidental injuries, illness, euthanasia, transit loss, straying, theft, and public liability (pets must be microchipped).
• Marine Cargo Insurance Protection for goods in transit from port of loading to final destination, covering perils of sea, war, strike, riot, civil commotion, theft, rain water damage, and non-delivery.
• Marine Hull Insurance Coverage for vessels, ships hull, machinery, materials, and equipment against collisions, fire, piracy, explosion, theft, third-party liability, and passenger legal liability.
• Plate Glass Insurance Coverage for accidental breakage of fixed glass including windows, window displays, and glass partitions at insured premises.
• Stock Floater Insurance Coverage for distributors' goods in any building or premises for fire and burglary risks, plus goods in transit between warehouses.
• Unmanned Aircraft System (Drone) Insurance Comprehensive coverage for drones registered with the Kenya Civil Aviation Authority (KCAA), covering theft, transit risks, flyaways, third-party legal liability, bodily injury, property damage, invasion of privacy, and noise liability.
• Electronic Equipment Insurance Coverage for accidental loss or damage to electronic equipment including computers, communication equipment, medical equipment, broadcasting equipment, and automation equipment, against fire, theft, accidental damage, power surge, water damage, and mechanical breakdown.

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Partnerships

Seven partnerships are on record, tiered core.

• Swiss Reinsurance CompanycoreTechnology or IntegrationInternational reinsurance partner providing financial stability and risk capacity support. Located in Zurich, Switzerland.
• Chaucer SyndicatescoreTechnology or IntegrationLloyd's market reinsurance syndicate based in London providing specialized reinsurance capacity.
• Sirius InternationalcoreTechnology or IntegrationInternational reinsurance company from London providing treaty and facultative reinsurance support.
• Kenya Reinsurance CorporationcoreTechnology or IntegrationKenyan national reinsurer providing local reinsurance capacity and support to insurance companies in Kenya.
• PTA/ZEP Reinsurance CompanycoreTechnology or IntegrationPreferential Trade Area/Zonal Effective Protocol reinsurance company serving the COMESA region.
• East Africa Reinsurance CocoreTechnology or IntegrationRegional reinsurance company providing capacity support for East African insurance markets.
• Continental RecoreTechnology or IntegrationPan-African reinsurance company providing comprehensive reinsurance solutions across the African continent.

Scale indicators4 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• CIC Insurance Group: Kenyan mutual-style insurer serving cooperative societies, SMEs, and individuals with motor, property, liability, and microinsurance products. Directly comparable to Geminia on Kenyan market positioning, multi-channel distribution, and breadth of general insurance lines, with especially strong overlap in agri-insurance.
• APA Insurance (Apollo Investments): Established Kenyan general insurer with a broad product portfolio including motor, fire, marine, aviation, and personal accident lines. Directly comparable to Geminia as a Kenyan-rooted mid-to-large general insurer with overlapping product categories and similar retail/enterprise customer segments.
• ICEA Lion Group: East African insurance group with general insurance operations in Kenya and Uganda covering motor, property, marine, and liability. Comparable to Geminia as a regional East African general insurer with overlapping product breadth and similar customer segments across individual and corporate buyers.
• Jubilee Insurance: One of Kenya's largest composite insurers operating motor, health, life, and general insurance with a multi-country East African footprint. Directly comparable to Geminia as a Kenyan-based, full-line general insurance competitor with strong brand heritage and similar target segments across individual, SME, and corporate customers.
• Britam Holdings: Leading Kenyan diversified financial services group with a sizeable general insurance arm covering motor, property, liability, and specialty lines. Directly comparable to Geminia across product breadth, Kenyan market positioning, and similar customer segmentation across retail, SME, and corporate buyers.

Broad incumbents

• Old Mutual Kenya: Pan-African financial services group with Kenyan general insurance operations (formerly UAP Old Mutual) covering motor, commercial, agribusiness, and health lines. Broader incumbent than Geminia with larger balance sheet, listing status, and cross-border capital pool; comparable on product mix and Kenyan retail/SME focus.
• Allianz Kenya (Jubilee Allianz rebranded): Local subsidiary of global insurer Allianz offering personal and commercial general insurance in Kenya across motor, property, marine, and engineering lines. Broader incumbent with global balance-sheet depth; comparable to Geminia on product mix and Kenyan retail/SME customer base, typically at larger premium volume.
• Sanlam Kenya (Sanlam Life Insurance): South African-headquartered financial services group with Kenyan general insurance subsidiaries offering motor, fire, marine, and personal accident products. A broader incumbent than Geminia with multi-country reinsurance access; comparable on Kenyan retail and corporate general insurance product coverage.

Others

• Kenya Reinsurance Corporation: National reinsurer of Kenya providing treaty and facultative reinsurance capacity to local insurers including Geminia. Listed as a Core strategic partner to Geminia; comparable as part of the same insurance value chain rather than as a direct product competitor, but a relevant peer given its role in shaping the Kenyan insurance ecosystem.

Regional players

• AAR Insurance Kenya: East African insurance provider operating in Kenya, Uganda, and Tanzania with strong focus on health and general insurance for individuals and corporates. Comparable to Geminia on Kenyan/East African market positioning, multi-channel distribution, and cross-segment customer coverage (though more health-tilted).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Geminia_Kenya
• Facebookfacebook.com/GeminiaInsurance
• LinkedInke.linkedin.com/company/geminia-insurance-co-ltd
• Instagraminstagram.com/geminiainsurance

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Geminia Insurance