CIC Insurance Group PLC 2024 SR
The report for 2024 highlights CIC Insurance Group's commitment to financial inclusion and sustainable impact across Kenya, Uganda, South Sudan, and Malawi. Key achievements include the launch of its sustainability report, the acquisition of a Microinsurance Business License, and a 57% increase in profit before tax. The company expanded its microinsurance portfolio, covering over 56,000 farmers and winning the UNDP-ICMIF Insurance Innovation Challenge Fund for its Co-opcare and Abwenzi products. Environmental efforts focused on tracking Scope 1 and 2 emissions and installing solar power at its Uganda headquarters. Socially, the group increased women's representation in management to 29% and invested Ksh 40 million in employee upskilling.
Company: CIC Insurance Group PLC
Sector: Financials
Country: Kenya
Year: 2024
Type: SR
Pages: 60
CIC Insurance Group PLC
Sustainability Report
The report for 2024 highlights CIC Insurance Group's commitment to financial inclusion and sustainable impact across Kenya, Uganda, South Sudan, and Malawi. Key achievements include the launch of its sustainability report, the acquisition of a Microinsurance Business License, and a 57% increase in profit before tax. The company expanded its microinsurance portfolio, covering over 56,000 farmers and winning the UNDP-ICMIF Insurance Innovation Challenge Fund for its Co-opcare and Abwenzi products. Environmental efforts focused on tracking Scope 1 and 2 emissions and installing solar power at its Uganda headquarters. Socially, the group increased women's representation in management to 29% and invested Ksh 40 million in employee upskilling.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Jul 31, 2025
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees