About UsMadison Insurance Company Kenya Limited is one of the leading names in insurance in Kenya. We have operated under this name since 1988 although we have been in existence for a much longer period. The company’s branches are located in principal towns in Kenya namely Nairobi, Kisumu, Kisii, Eldoret, Nyeri, Mombasa, Machakos, Thika and Meru. These branches fall under three regional offices and are manned by highly professional management teams backed up by over 450 sales representatives countrywide. We also partner with intermediaries like brokers and independent agents through our distribution network to ensure the customer receives quality service.
Despite the severe economic environment and overcapacity in the insurance industry, Madison Insurance has continued to grow. The company has grown approximately 28 times from a combined premium of slightly more than Kshs 100 million in 1988 to more than Kshs 2.8 billion in 2008. Our aim is to provide the best insurance products at the most reasonable prices and unparalleled customer service to all our clients.
Madison Insurance’s investment strategy focuses on attaining superior long term yields on our investments. The long-term investment objective is to achieve high returns through a well diversified spread of assets. Our asset base is currently 2.8 billion, and we are growing further by developing a larger investment portfolio. We are also long-term providers of mortgages, insurance securities and managed asset funds.
Madison Insurance Company Kenya Limited has a strong sense of corporate responsibility. Over the years the company has donated generously to such projects like the Nairobi and Nyeri Hospices, Kenya Society for the Blind, Heart to Heart Foundation among many others.
The company has also supported education in this country by launching award schemes in various districts to the best pupils, teachers, headmasters/ headmistresses, principals and education officers. The award scheme has so far been launched in Machakos, Busia, Kakamega, Taita Taveta, Kwale, Lugari just to mention a few.
Nurses play a very crucial role in the provision of health services. With this in mind, the company launched the Madison Insurance Provincial Nurse of the Year Award. This award is to be given to the best nurses in each district in a particular province with special interest on Provincial Winners. The award scheme has so far been launched in Coast and Western Provinces.
Madison Insurance has also worked and supported professional bodies in this country. Here the company has worked with Doctors, Accountants, Architects and Surveyors among others through their professional bodies.
Madison Insurance has also partnered with the Armed Forces and has also sponsored various activities including athletics, and various sporting activities in various units.
Our primary objective is to lead in innovative insurance services that creates and protects wealth for all our stakeholders and also to practice good corporate governance.
