Who Owns Madison Insurance Kenya?

Who Owns Madison Insurance Kenya

The question of who owns Madison Insurance Kenya is a common one among people who are interested in knowing more about the company’s ownership structure. The company is owned by a group of investors who are committed to ensuring that the company continues to provide quality services to its clients.

Madison Insurance Kenya is one of the leading insurance companies in Kenya, providing a wide range of insurance products to its customers. With its headquarters in Nairobi, the company has been operating in Kenya for over 30 years and has built a reputation for delivering quality services to its clients.

Who really Owns Madison Insurance Kenya?

The major shareholders of Madison Insurance Kenya include Centum Investment Company Limited, which owns 60% of the company’s shares, and the International Finance Corporation (IFC), which owns 10% of the shares. Other shareholders include Kenyan and foreign individuals who own the remaining 30% of the shares.

Centum Investment Company Limited is a Kenyan investment company that has a diversified portfolio of investments in various sectors of the economy, including real estate, financial services, and energy. The company has been in operation since 1967 and has grown to become one of the largest investment companies in East Africa.

On the other hand:

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The International Finance Corporation is a member of the World Bank Group and is focused on promoting private sector development in emerging markets.

The organization provides financing, advisory services, and technical assistance to businesses in developing countries to help them grow and create jobs.

Madison Insurance Kenya’s ownership structure ensures that the company is well-capitalized and has access to the resources it needs

To continue growing and expanding its operations.

The company’s commitment to providing quality services to its clients has helped it to build a loyal customer base.

And

Establish itself as a reputable insurance provider in Kenya.

In conclusion, Madison Insurance Kenya is owned by a group of investors, with Centum Investment Company Limited and the International Finance Corporation being the major shareholders. The company’s ownership structure ensures that it has the resources it needs to continue providing quality services to its clients and to grow and expand its operations in the future.