CIC Life Assurance Limited - Strategic SWOT Analysis Review

CIC Life Assurance Limited - Strategic SWOT Analysis Review provides a comprehensive insight into the company’s history, corporate strategy, business structure and operations. The report contains a detailed SWOT analysis, information on the company’s key employees, key competitors and major products and services.

This up-to-the-minute company report will help you to formulate strategies to drive your business by enabling you to understand your partners, customers and competitors better.

Scope

• Business description - A detailed description of the company’s operations and business divisions.
• Corporate strategy - The analyst’s summarization of the company’s business strategy.
• SWOT analysis - A detailed analysis of the company’s strengths, weakness, opportunities and threats.
• Company history - Progression of key events associated with the company.
• Major products and services - A list of major products, services and brands of the company.
• Key competitors - A list of key competitors to the company.
• Key employees - A list of the key executives of the company.
• Executive biographies - A brief summary of the executives’ employment history.
• Key operational heads - A list of personnel heading key departments/functions.
• Important locations and subsidiaries - A list of key locations and subsidiaries of the company, including contact details.

Highlights

CIC Life Assurance Limited (CIC Life) is a subsidiary of CIC Insurance Group Ltd, focusing on providing life assurance products. The company's main activities include offering a variety of insurance solutions tailored to meet the diverse needs of its clients. Its major products encompass group life products, individual life products, and pension plans. Notable brands under CIC Life include the CIC Academia Policy and CIC Jipange Pension Plan. The company's products serve a wide range of customers, including individuals and groups seeking life insurance and pension solutions. CIC Life operates through various distribution networks to reach its clientele effectively. The company targets markets across different geographic locations, serving both local and diaspora clients. CIC Life is headquartered in Nairobi, Kenya.

The company reported insurance revenue of KES6,698.2 million for the fiscal year ended December 2023 (FY2023), an increase of 22.2% over that in FY2022.

Reasons to Buy

• Gain key insights into the company for academic or business research purposes. Key elements such as SWOT analysis and corporate strategy are incorporated in the profile to assist your academic or business research needs.
• Identify potential customers and suppliers with this report’s analysis of the company’s business structure, operations, major products and services and business strategy.
• Understand and respond to your competitors’ business structure and strategies with the analyst’s detailed SWOT analysis. In this, the company’s core strengths, weaknesses, opportunities and threats are analyzed, providing you with an up to date objective view of the company.
• Examine potential investment and acquisition targets with this report’s detailed insight into the company’s strategic, business and operational performance.

Note: Some sections may be missing if data is unavailable for the company.