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introduction

History

The Association of Kenya Insurers (AKI) as it is known today has existed in various forms since 1950s.

Before 1960

Prior to 1960, the Insurance Industry was composed of five (5) independent Associations each with its own chairman and

constitution, The Associations were;

  • The Fire Association of East Africa
  • The Marine & Aviation Association of East Africa
  • The Accident Association of East Africa
  • The Motor Association of East Africa
  • The Life Offices Association of East Africa

1960 to 1977

Insurance Association of East Africa and Life Offices Association of East Africa

At a meeting held on 15th February, 1960, four (4) Associations namely Fire, Marine and Aviation, Accident and Motor Association were merged to form one body referred to as the Insurance Association of East Africa which catered for General Insurance Business. The Life Offices Association of East Africa remained to promote Life Insurance Business.

1978 to 1987

Council of Kenya Insurers

Local incorporation of Insurance companies began in 1978 following the Collapse of the East African Community in 1977. The Insurance Association of East Africa and the Life Office of East Africa were merged to form the Council of Kenya Insurers (C.O.K.I) which was officially registered on 27th July 1979 and existed for a decade.

1987- to date

The Association of Kenya Insurers

The Association of Kenya Insurers (AKI) was established in 1987 as an independent non-profit making consultative and advisory body for insurance industry. The association was registered under the Societies Act, Cap 108 of the Laws of Kenya on 5 January, 1988 and on 21 January, 1988 the AKI Constitution was ratified and dopted by members. The Association currently has 51 members.

AKI's Vision
To be the leader in championing insurance growth and excellence in Kenya and beyond.

AKI’s Mission
To champion and enabling environment for our members, and promote growth and excellence in the insurance industry.

Our Values
The success of the Association built on five (5) key corporate values: -

  • Honesty and confidentiality
  • Professionalism
  • Flexibility
  • Creativity
  • Teamwork

Governance Structure
AKI’s governance structure comprises of the general membership who elect a Board at an Annual General Meeting (AGM). The Board gives strategic direction to the Association and executes its decisions through General Insurance and Life Insurance Councils, Committees of the Board, Technical Committees and a Secretariat which runs the operations of the Association.
Graphical representation of AKI’s Governance structure is as shown below.

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Contact Us

Mimosa Road, Muchai Drive,
Off Ngong Road,
P. O. Box 45338 – 00200
Nairobi; Kenya
+254 0722-204-149 +254 0733-610-325
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