Britam Holdings Plc
Company Information
About
Britam Holdings Plc, formerly known as British-American Investments Company Ltd, is a leading diversified financial services group listed on the Nairobi Securities Exchange (NSE) under the ticker BRIT. Founded in 1965 as a branch of British-American Insurance Company Limited in Nairobi, Kenya, the company has grown into a prominent provider of insurance, asset management, and property solutions across East and Southern Africa, with subsidiaries in Uganda, South Sudan, Rwanda, Tanzania, Malawi, and Mozambique. Its flagship entity, Britam Kenya (formerly British-American Insurance Company Kenya Limited), offers a wide range of products including long-term and short-term insurance, life insurance, pensions, healthcare, and asset management services such as unit trusts and wealth management.
The company originated from roots tracing back to 1920 but was formally established in Kenya in 1965. Key milestones include local incorporation in 1979, listing on the NSE in 2011 via an initial public offering, regional expansion starting with Uganda in 2010, and a name change to Britam Holdings Limited in 2015. Britam operates in four main segments: long-term insurance (protection against death, disability, and illness), life insurance (unit-linked, education, and whole life plans), short-term insurance (property and assets), and asset management (portfolio and wealth management). It also provides property management, including development and leasing.
With a market capitalization of approximately KES 22.4 billion, Britam ranks as the 18th most valuable stock on the NSE, holding about 0.8% of the exchange's equity market. Headquartered in Nairobi, the group emphasizes transparency, innovation, and customer focus, serving individuals, businesses, corporations, and government entities across its markets.