Business Insurance Companies in Kenya Compared

No single insurer is best for every business. The right one depends on whether its package accepts your trade, the sections and limits you need, its excesses and security warranties, how it pays claims and what it charges for your risk. Compare at least three quotes on the same sums insured, read the exclusions, and check the insurer's published claims process before you choose.

No. Jubilee no longer sells business (general) insurance in Kenya. Its general business became Jubilee Allianz General, which merged with Sanlam General on 1 November 2025 to form Sanlam Allianz General Insurance (Kenya) Limited. Existing Jubilee business policies for fire, liability, WIBA and similar covers are now handled by SanlamAllianz; Jubilee itself sells life, health and pensions.

If an insurer collapses, the Policyholders Compensation Fund compensates eligible claimants up to KES 500,000 each, which may be far less than a large business claim. In March 2026 Trident and Corporate Insurance were placed under statutory management and cannot write new business. Before you buy, check that the insurer is licensed and active, and spread very large risks if needed.

An SME package (also called a business combined or office package) puts several covers into one policy with one premium and one renewal date. Fire and perils is usually the compulsory core; you then choose sections such as burglary, money, all risks, public liability, WIBA, goods in transit, fidelity guarantee and business interruption. Each section has its own sum insured or limit, so you insure only what your business actually has.

Usually, yes. Bundling several covers in one package typically costs 15–30% less than buying them separately (market estimate), and you deal with one proposal, one schedule and one renewal date. Separate policies make sense when one risk is large or specialised, such as a factory's machinery, a fleet or a big contract, or when an insurer will not include your trade in its package.

Often, yes. At least one insurer states that its SME package can be paid in instalments, and several offer premium financing, where a bank or financier pays the annual premium and you repay it monthly, usually with interest. Others expect the full premium before cover starts. Ask for the total cost of financing, not just the monthly figure, and keep payments up: a missed instalment can end the cover.

Kenya's claims benchmark is about 90 days. Some insurers publish faster targets once all documents are in: one processes claims of up to KES 300,000 within three working days, and others quote about seven working days on average for documented general claims. Large or disputed losses take longer because a loss adjuster must investigate. Draft IRA guidelines would tighten the timelines.

Published minimum premiums for SME packages start at about KES 10,000 a year, and market estimates put a small office from about KES 20,000, a shop from about KES 25,000 and a restaurant from about KES 45,000 a year, before levies. Your price depends on what you insure and its value, your trade, location, construction, security and claims history. Statutory levies and stamp duty are added on top.

Naveah Capital is an insurance agency that compares 9+ of Kenya's top insurers, so you see several packages and prices for your trade instead of one. We check the sections, limits, excesses and warranties that decide claims, flag covers a landlord, lender or tender will ask for, and help you when you need to claim. Tell us about your business on WhatsApp or the quote form to start.