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CIC Life Assurance Limited was incorporated on 29th July 2009 as a wholly-owned subsidiary of CIC Insurance Group Plc in compliance with Insurance Regulatory Authority (IRA) directive of separating business of life and general. It was duly registered and licensed on 27th November 2012.

Gordon Ondiek
Non-Executive Director

Mr. Gordon Owuor

meshack-miyogo
Managing Director

Meshack Miyogo

Michael-Ondinya-Wambia
Board Member

Mr. Michael Wambia

PATRICK-NYAGA
Group Chief Executive Officer

Mr. Patrick Nyaga

Director

Anthony Munyao

Director

Anthony Chege

Director

Fridaclare Katusya

Non-Executive Director

Mr. Gordon Owuor

Mr. Gordon Ondiek Owuor, aged 65, is a Non-Executive Director and representing CIC Insurance Group Plc, a major shareholder. Mr. Owuor is the Chairman of Jumuika (formerly Chemelil) Sacco, a member of the Nyanza Provincial Co-operative Development Team and a Member of the Institute of Directors-Kenya. He previously worked with the East African Fresh Water Fisheries Research Organization and currently is the chairman of Loyalty Refined Limited. He holds an executive Diploma in Financial Management. The Director has undertaken training in specialized Life Assurance Business Management conducted by LIMRA and several corporate governance training courses.

Managing Director

Meshack Miyogo

Meshack holds a bachelor’s degree in Education Arts (Major in Economics and Business Studies) from Egerton University. In addition, he holds a Senior Leadership Development Programme Certificate from the University of Stellenbosch Business School South Africa, Post Graduate Degree (MBA) in Marketing from Daystar University. He also holds a Diploma in Insurance (AIIK) from the College of Insurance. He is an Associate Member of the Institute of Insurance Kenya (IIK) in good standing. His experiences cuts across Banking and Insurance on Matters of Sales Growth, Sales Management, business development, and Strategic Leadership.

Board Member

Mr. Michael Wambia

Mr. Michael Ondinya Wambia aged 52, is the Director representing Western Region-based societies and is a board member of FARIDI SACCO. He is a teacher by profession. The Director also holds a Diploma in Education Management from KEMI (Kenya Educational Management Institute) and is a Member of the Institute of Directors of Kenya and a Delegate of Cooperative Bank of Kenya. Further, he has received training in Advanced Life Insurance by LIMRA, Corporate Governance Master Class by IFC World Bank, Employment Act and Discipline Management by FKE, and Corporate Governance for Directors by Centre Corporate Governance.

Group Chief Executive Officer

Mr. Patrick Nyaga

Mr. Patrick Nyaga is the Group Chief Executive Officer. He holds a master of Business Administration from Strathmore Business School and a Bachelor of Commerce Degree in Accounting. He is a Certified Public Accountant (K) and a member of ICPAK. Mr. Nyaga has over 29 years of working experience mainly in banking and auditing. He has worked in various senior positions in banking. Prior to joining CIC Group Ltd, he was the Group Finance and Strategy Director- at Cooperative Bank of Kenya Limited.

He previously worked at Barclays Bank now (ABSA) as the Regional Head of Assurance and at KPMG (EA), with the main focus being the audit of financial institutions in Kenya and the region. He is a member of the Institute of Directors of Kenya and has undertaken training in several Corporate Governance courses including in Insurance Business.

Director

Anthony Munyao

Mr. Anthony Munyao, aged 54, joined the Board in 2022 as an Independent Non-Executive Director. He holds a Masters degree in Business Administration (MBA) in Strategic Management, Bachelor of Arts (Hons) Economics & Business Studies. He is a Certified Public Accountant of Kenya, CPA(K) and a Member of the Institute of Certified Public Accountants of Kenya (ICPAK). He is a Certified Trustee through the Trustee Development Program – Kenya (TDPK), and also a Member of the Institute of Directors. Mr. Munyao is Chairman and Director in the board of Vivo Energy Provident Trust Limited and has previously served in the boards of Kenya Reinsurance Corporation Limited, Shell and Vivo Lubricants Kenya Limited, among other boards. He has significant exposure in business management and depth of competence in Strategic Management, Financial Management, Risk Management and Audit. Mr. Munyao has extensive experience in the oil industry and audit. He has previously worked for Kenya Shell Limited as Chief Finance Officer and also Ernst & Young where he served diverse clients. Mr. Munyao has undergone extensive training both international and local including the Corporate Governance Training by CCG

Director

Anthony Chege

Director Anthony Chege, aged 54, joined the board in 2022 as an independent Director. He holds an MBA in Strategic Management and Bachelor of Commerce, Marketing Option. He is a career banker and has undergone Corporate governance training from Centre for Corporate Governance and advanced Leadership training program from Wharton University of Pennsylvania. He is is currently the Managing director of Spread Capital Limited. Mr. Chege is a member of the Institute of Directors of Kenya.

Director

Fridaclare Katusya

Director Fridaclare Katusya, aged 43, joined the board in 2022 as an Independent Director. She holds a Masters degree in Business Administration (MBA), Bachelor of Commerce (Finance) and an advanced Diploma in Management Accounting from Chartered Institute of Management Accountants. Ms. Katusya is a Certified Public Accountant of Kenya (CPAK). She served as Group Chief Finance Officer (Britam Holdings Plc) & Senior Assurance Manager at PricewaterhouseCoopers – Kenya & South Africa. Ms. Katusya is trained in corporate governance by Center for Corporate Governance. She is a member of the Institute of Internal Auditors (IIA), Association of Women Accountants of Kenya (AWAK) and Institute of Directors of Kenya (IODK).

meshack-miyogo
Managing Director

Meshack Miyogo

SALOME-NDEGWA
Group Actuary

Salome Ndegwa

Tyrus Kanja
Head - Life Operations

Tyrus Kanja

SUSAN-ROBI
Group Risk and Compliance Manager

Susan Robi

RICHARD-NYAKENOGO
General Manager Co-operatives

Richard Nyakenogo

Philip-kimani
Group Chief Financial Officer

Philip Kimani

JOSEPH-KAMIRI
General Manager Marketing & Customer Experience

Joseph Kamiri

Caroline Otieno
Claims Manager

Caroline A. Otieno

Maureen Magoma
Human Resource Business Partner

Maureen K. Magoma

David Wambugu
Business Development Manager

David Wambugu

Tabitha Kihanya
General Manager - Alternative Channels

Tabitha Kihanya

James Wamae
Head - Group Life Underwriting

James Wamae

Mary Wanga
Company Secretary

Mary Wanga

MUYESI-LUVAI
GROUP CHIEF INTERNAL AUDITOR

Mr. Muyesu Luvai

vincent ochoi
Head: Retirement Benefits

Vincent A. Ochoi

Managing Director

Meshack Miyogo

Meshack holds a bachelor’s degree in Education Arts (Major in Economics and Business Studies) from Egerton University. In addition, he holds a Senior Leadership Development Programme Certificate from the University of Stellenbosch Business School South Africa, Post Graduate Degree (MBA) in Marketing from Daystar University. He also holds a Diploma in Insurance (AIIK) from the College of Insurance. He is an Associate Member of the Institute of Insurance Kenya (IIK) in good standing. His experiences cuts across Banking and Insurance on Matters of Sales Growth, Sales Management, business development, and Strategic Leadership.

Group Actuary

Salome Ndegwa

Ms. Salome Ndegwa is the Actuarial Manager. She holds a BSc (Hons) in Actuarial Science, Masters in Economics (Econometrics) and is a Fellow of the Institute and Faculty of Actuaries (IFoA) in the UK. Salome also holds certificates in Financial Econometrics, Mathematical Finance and New Managers Leadership Program from Strathmore Business School. She is also a member of The Actuarial Society of Kenya (TASK). Salome joined CIC Insurance Group in 2014.

Head - Life Operations

Tyrus Kanja

Mr. Kanja joined CIC Insurance Group Plc in 2005 as an Accountant and is currently the Senior Manager Finance for CIC Life Assurance Company Limited. He has over 16 years work experience within the Insurance industry and holds a BSc – International Business Administration from USIU(A) and a CPA (K). He is a member of Institute of Certified Public Accountants of Kenya (ICPAK).

Group Risk and Compliance Manager

Susan Robi

Ms. Susan Robi is the General Manager of Risk and Compliance. She is an Advocate of the High Court of Kenya holding a Bachelor of Laws (“LLB”) Degree from the Makerere University and a Masters in Law and Finance from Goethe University (Institute of law and Finance) in Frankfurt Germany. Professionally Ms. Robi holds a Post Graduate Diploma from the Kenya School of Law and has over 10 years of experience in various capacities and industries ranging from both Local and International Law Practice, Insurance, Finance, and Risk Management. Ms. Robi joined CIC in 2011.

General Manager Co-operatives

Richard Nyakenogo

Mr. Richard Nyakenogo is the General Manager Co-operatives. He holds a Bachelors of Commerce Degree from Egerton University and Masters in Business Administration from Mount Kenya University. He has a Diploma in Co-operative Management from the Co-operative College of Kenya and a certificate in Corporate Governance from the Center for Corporate Governance. Richard is an Associate Member of Insurance Institute of Kenya (AIIK), Member of Marketing Society of Kenya (MSK), Member of the Institute of Directors of Kenya (IOD), a Certified Co-operative Professional (CCOP), and a Council Member of Kenya Society of Professional Co-operators (KSPC). He was involved in the transformation of Sacco’s form Back office to Front office (FOSA). He joined CIC in 1999.

Group Chief Financial Officer

Philip Kimani

Philip holds a Master of Science in Professional Accountancy from University of London and Bachelor of Commerce Degree in Accounting. He is a Certified Accountant and Member of The Association of Chartered Certified Accountants. Philip has over seventeen years of experience mainly in the Insurance Sector. Prior to joining CIC Group, he was the Chief Finance Officer & Principal Officer for Jubilee Insurance Company. He previously held Senior Management roles at Resolution Insurance, WPP Scan group and PricewaterhouseCoopers where he began his career. He has a wealth of experience in Strategic planning, Investment management, Financial and Risk Management.

General Manager Marketing & Customer Experience

Joseph Kamiri

Mr. Joseph Kamiri is the General Manager Marketing & Customer Experience. He holds a Bachelor of Commerce – Insurance Option from the University of Nairobi. He’s an Associate Member of the Insurance Institute of Kenya (AIIK) and an Associate Member of the Chartered Insurance Institute (ACII). He holds an MBA (Marketing) from the University of Nairobi. In addition, Mr. Kamiri has done the Advanced Management Program (AMP), from IESE Business School, Spain & Strathmore Business School, Kenya, and has attended Negotiation, Mediation & Arbitration training from the International Law Institute (George Washington University-USA). Mr. Kamiri has over 25 years experience in the Insurance business in both Kenya and the Global Emerging Markets. He joined CIC in 2014.

Claims Manager

Caroline A. Otieno

Ms. Otieno joined CIC Insurance Group Plc in 2009 as a Management Trainee. She is currently the Claims Manager CIC Life Assurance Company Limited and has been with the organization for the last 11 years. She holds a Bachelor of Science degree, a CII Diploma in Insurance and a CPA 1 certification. She is currently pursuing an MSc in Development Finance.

Human Resource Business Partner

Maureen K. Magoma

Ms. Magoma is the Human Resource Business Partner representing CIC Life Assurance Limited. She holds a Bachelor of Business Administration degree, PHRi and SHRM-CP certifications from HRCI and SHRM respectively. She has 16 years’ work experience out of which 10years have been in Human Resources mostly within the insurance industry. She is a Member of the Institute of Human Resources Management (IHRM) and joined CIC Insurance Group Plc in July 2016.

Business Development Manager

David Wambugu

Mr Wambugu joined CIC Life Assurance Limited in 2015. He has 12 years of sales experience in the Insurance Industry. His role entails Business Development, Recruitment, Training, Coordination and Supervision of individual life sales force. He holds a Bachelor’s degree in Business Management (Marketing Option) from Egerton University. In addition, a Management Skills Certificate from LIMRA (Life Insurance and Market Research Association).

General Manager - Alternative Channels

Tabitha Kihanya

Tabitha has over 10 years work experience in various capacities within the Banking and Insurance industry. She holds a Bachelor’s Degree in Business Management from Moi University, and a Diploma in Insurance from College of Insurance – (AIIK). Tabitha is a member of Insurance Institute of Kenya (IIK).

Head - Group Life Underwriting

James Wamae

Mr. Wamae joined CIC Life Assurance Limited in January 2016 as an Assistant Underwriting Manager – Group Life. He is currently the Underwriting Manager – Group Life Business and has over 9 years’ work experience within the Insurance Industry. He holds a Bachelors’ Degree in Business Administration from Maseno University and CPA 1 certification. He is currently pursuing IIK Diploma, is a member of Insurance Institute of Kenya (IIK) and a member of the Association of Kenya Insurers (AKI) Group Life Committee.

Company Secretary

Mary Wanga

Ms. Wanga is the Company Secretary and an Advocate of the High Court of Kenya with over 24 years’ experience both as a practicing and corporate lawyer. She joined CIC Group Plc in 2008. Ms. Wanga is a Certified Public Secretary CPS (K) and holds a Bachelor Degree in Law, Bachelor of Social Legislation and Post Graduate Diploma in Kenya Laws and Diploma in Insurance (AIIK). She is a member of the Institute of Directors of Kenya, An Associate member of Insurance Institute of Kenya and Convenor of Legal Affairs and Professional Standards Committee, Law Society of Kenya, ACIArb, ICPSK and Women on Boards Network (WOBN).

GROUP CHIEF INTERNAL AUDITOR

Mr. Muyesu Luvai

Mr. Muyesu Luvai is the Group Chief Internal Auditor. He is a Certified Public Accountant (“CPA (K)”) and a member of the Institute of Certified Public Accountants of Kenya (“ICPAK”), the Chartered Institute of Internal Auditors UK, the Institute of Internal Auditors, Kenya Chapter, as well as the Institute of Directors, Kenya. He holds a Bachelor of Commerce Degree from the University of Nairobi and a Master of Business Administration (MBA) Degree with a concentration in Employee Relations /Organisational Behaviour from the University of Leicester (UK). Prior to his appointment as CFO on 3rd February 2020, Muyesu served as Chief Internal Auditor, looking at company operations at a wide scale, providing solutions from a business strategy perspective while seeking to enhance the effectiveness of governance, risk management and, control processes. Before joining CIC in 2008, Mr. Luvai worked for Deloitte in the Audit & Assurance Division, obtaining extensive experience in auditing a wide variety of international and local organizations drawn from both the private and public sectors. Prior to joining Deloitte, Mr. Luvai had a stint in the oil and gas industry working in the Finance Department of Dalbit Petroleum Limited.

Head: Retirement Benefits

Vincent A. Ochoi

Mr. Ochoi is the Head: Retirement Benefits Department at CIC Life Assurance Limited. He holds a Bachelor’s Degree in Actuarial Science, ACS, ALMI and FLMI Level 1 certifications from LOMA. He has 10 years’ work experience in Life insurance and Retirement Benefits. He is a Member of the Insurance Institute of Kenya (IIK) and joined CIC Insurance Group Plc in February 2022.

CIC Life Assurance quick facts as of 2022

14
Products
7.1
GWP
20.9
Total Assets
9
Market Share

This subsidiary offers a wide range of life assurance products to cater to the various insurance needs of different market segments. They include;

TitleCategoryYearDownloads
Life Conflict of Interest PolicyLife Reports2024Download
CIC Jipange Plus AGM NoticeAGM Notice2023Download
CIC Umbrella AGM NoticeAGM Notice2023Download
CIC Umbrella Audited Accounts FY2022Financials2022Download
CIC Jipange Audited Accounts FY 2022Financials2022Download
CIC Life Assurance Annual Report 2022Financials2022Download
CIC Life Assurance Annual Report & Financial Statement 2021Life Reports2021Download
CIC Umbrella Retirement Benefit Scheme Financial Statement 2021Umbrella Retirement Benefit Scheme Reports2021Download
CIC Jipange Personal Pension Plan Financial Statement 2021Jipange Personal Pension Plan Reports2021Download
CIC Life Assurance Annual Report & Financial Statement 2020Life Reports2020Download
CIC Life Assurance Annual Report & Financial Statement 2019Life Reports2019Download
CIC Life Assurance Annual Report & Financial Statement 2018Life Reports2018Download
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