09/09/2025
A key theme of the discussions was the role of insurance in strengthening the cooperative model. The government and CIC leaders agreed that insurance is not just a financial safeguard but also a tool for stability. By protecting members’ savings, loans, and investments, insurance allows cooperatives to better withstand economic shocks, natural disasters, and unforeseen risks that often destabilize households and entire communities.
CIC Group PLC
State Department of Cooperatives
Ministry of Cooperatives and MSMEs Development-Kenya
Hon Wycliffe A. Oparanya, EGH
Sacco Societies Regulatory Authority
African Confederation Of Cooperative Savings and Credit Associations
Cooperative Alliance of Kenya Ltd-CAK
The Cabinet Secretary and PS for the State Department for Cooperatives held a high-level engagement with the CIC Insurance management team...