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Britam is a diversified financial services group in the region established in Kenya in 1965 first with its roots in Life Insurance with the holding company having interests in Insurance, Asset Management, Banking and Property.
Among Britam's shareholders include a global financial services company with offices in London, Mauritius, Malta and Kenya.
Major Kenyan shareholders in BRITAM include:
- Equity Holdings
- Filimbi Ltd
- Benson Wairegi
- James Mwangi
- Jimnah Mbaru
- Peter Munga
BRITAM underwrites all classes of life and non-life insurance risks, with the exception of aviation and industrial life assurance.
The Group has a long-heritage, providing financial services since 1920. Companies within the group have been successful in providing investment products & services.
The Kenyan operation, British-American Insurance Co., was established in 1965 and has over 46 years of service in the Kenyan market providing individual life, group life, pensions, health care and property/casualty insurance.
British-American Insurance Company (Kenya) Ltd has evolved over the years since its inception in Kenya in 1965. The company has grown from a home service based company to its current position as a financial services provider.
In 2004 there was a share swap whereby the ownership of British-American Insurance Company (Kenya) Ltd moved to British-American Investments Company. British-American Investments Company in turn established British-American Asset Managers Ltd. After the successful launch of British-American Asset Managers, the group reorganised its structure. The new organisation structure came into place in January 2007.