Britam

Company Overview

Britam is a leading diversified financial services Group in the region with interest in Insurance, Asset Management, Banking and Property. We are a global financial services company with offices in London, Mauritius, Malta and Kenya.

The Group has a long-heritage, providing financial services since 1920. Companies within the group have been successful in providing investment products & services and are market leaders in their respective jurisdiction.
The Kenyan operation, British-American Insurance Co., was established in 1965 and has over 46 years of service in the Kenyan market providing individual life, group life, pensions, health care and property/casualty insurance.
The asset base of Britam in Kenya is in excess of Ksh 26 billion with brand equity value in excess of 6 Billion.
British-American is committed to providing clients with great service and competent financial expertise to help them meet their financial goals.
 

British-American Insurance Company
British-American Insurance Company (Kenya) Ltd has evolved over the years since its inception in Kenya in 1965. The company has grown from a home service based company to its current position as a financial services provider.

In 2004 there was a share swap whereby the ownership of British-American Insurance Company (Kenya) Ltd moved to British-American Investments Company.   British-American Investments Company in turn established British-American Asset Managers Ltd. After the successful launch of British-American Asset Managers, the group reorganised its structure. The new organisation structure came into place in January 2007.  

The company has grown tremendously. The gross premium earned for six months to 30th June 2012 was Kshs 3.3 Billion while the total assets were   Kshs 32.3Billion. The General Insurance profit was Kshs 372 million.
The human resource has also grown to 298 employees and 993 financial advisors in 2012..

British-American Asset Managers
British-American Asset Managers was established in 2004 to offer asset management and investment advisory services to individuals and institutional clients and address a growing need for innovative investment products and services.

British-American Asset Managers is licensed as a Fund Manager by the Capital Markets Authority (CMA) and the Retirement Benefits Authority (RBA).

Currently the firm manages over Ksh 25.7 Billion in Assets under management with over 3,144 clients.

The firm has procured a state-of-the art Investment Administration and Fund Management System – The Advent Office, to enhance operational efficiencies and high-standards of customer service.

British-American Asset Managers has also launched a series of firsts in the market

-Balanced Fund
-Bond Fund
-Managed Retirement Fund
-Financial Planning approach to investment advice