CIC General Insurance Limited - Strategic SWOT Analysis Review

November 2021 | 23 pages | ID: CAE00D299CAEEN
GlobalData

Abstracts

CIC General Insurance 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 – GlobalData’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 General Insurance Limited (CIC General) is a general insurance company. It offers a range of general insurance solutions to individuals and corporates. The company’s general insurance products include lady auto insurance, motor commercial insurance, professional indemnity insurance, fire insurance, medical insurance, marine insurance, personal accident insurance, and machinery breakdown insurance. The company markets and distributes its products through a network of independent agents, brokers, and branches. It operates through its branch offices in Kenya and has regional offices in Uganda, South Sudan, and Malawi. The company is a wholly-owned subsidiary of CIC Insurance Group Ltd. CIC General is headquartered in Nairobi, Kenya.

The company reported gross premium written of KES10,196.8 million for fiscal year ended December 2020 (FY2020), a decrease of 4.3% over that in FY2019. Its net earned premium was KES8,610.7 million in FY2020, a decrease of 4.3% over that in FY2019.

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 GlobalData’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.

Contents

SECTION 1 - ABOUT THE COMPANY

CIC General Insurance Limited - Key Facts
CIC General Insurance Limited - Key Employees
CIC General Insurance Limited - Key Employee Biographies
CIC General Insurance Limited - Key Operational Employees
CIC General Insurance Limited - Major Products and Services
CIC General Insurance Limited - History
CIC General Insurance Limited - Company Statement
CIC General Insurance Limited - Locations And Subsidiaries
Head Office
Other Locations & Subsidiaries

SECTION 2 – COMPANY ANALYSIS

Company Overview
CIC General Insurance Limited - Business Description
Business Segment: C.A.R & Engineering
Overview
Performance
Business Segment: Fire Domestic
Overview
Performance
Business Segment: Fire Industrial
Overview
Performance
Business Segment: Liability Insurance
Overview
Performance
Business Segment: Marine & Transit
Overview
Performance
Business Segment: Medical Insurance
Overview
Performance
Business Segment: Micro Solutions
Overview
Performance
Business Segment: Miscellaneous Accident
Overview
Performance
Business Segment: Motor Commercial
Overview
Performance
Business Segment: Motor Pool
Overview
Performance
Business Segment: Motor Private
Overview
Performance
Business Segment: Personal Accident
Overview
Performance
Business Segment: Theft Insurance
Overview
Performance
CIC General Insurance Limited - SWOT Analysis
SWOT Analysis - Overview
CIC General Insurance Limited - Strengths
CIC General Insurance Limited - Weaknesses
CIC General Insurance Limited - Opportunities
CIC General Insurance Limited - Threats
CIC General Insurance Limited - Key Competitors

SECTION 3 – APPENDIX

Methodology
About GlobalData
Contact Us
Disclaimer

List Of Tables

LIST OF TABLES

CIC General Insurance Limited, Key Facts
CIC General Insurance Limited, Key Employees
CIC General Insurance Limited, Key Employee Biographies
CIC General Insurance Limited, Key Operational Employees
CIC General Insurance Limited, Major Products and Services
CIC General Insurance Limited, History
CIC General Insurance Limited, Other Locations
CIC General Insurance Limited, Key Competitors