OLEA is in Kenya with its subsidiary Koolridge

Olea, the panafrican
insurance broker

Kenya

OLEA KENYA

Managing Director: Herbert OCHOLI

 

Biography:

Herbert has over 30 years experience of Insurance broking during which he managed portfolios for local Corporates and Multinationals.
From 1987 he worked at Jardine Sassoon Insurance Brokers where he remained for 9 years as Broking Director. He was recruited in 1996 at
Minet Insurance Brokers in Uganda where he held the position of General Manager. He was relocated to Aon Minet in Nairobi in 1998
from where he in 2000, he joined Eagle Africa Insurance Brokers as Divisional Director for 13 years. He was CEO for Starlit Insurance
Brokers before he founded Koolridge Insurance Broker in 2014. Herbert has A BBA and MBA graduate of Newport University , SA.
Professionally , he is an Associate of International Institute of Safety & Risk Management ; Faculty of Risk Management , Australian & New Zealand Finance & Insurance Institute ; Insurance Institute of Kenya , and he is a Chartered Insurance Practitioner

 

The Subsidiary 

  • Date of creation: 2014
  • Address: Nairobi
  • Number of employees: 7
  • Spoken languages: English / Swahili / French
  • Contact: kenya@olea-assurance.com

 Expertises

 

 

Aviation & Aerospace

 

Chemical

 

Real Estate

 

 

 

Country Information

 

- Population: 45,5 million
- GDP per Capita : 1 552$
- GDP's growth in 2017: 4,8%
- GDP's growth in 2018: 5,2% (forecast)

 

(source www.coface.com)

 

Strengths of the Economy

 

- East Africa’s leading economy
- Pivotal role in the East African Community, the leading African common market
- Diversified agriculture and expanding services sector (telecommunications and financial services)
-Improved business climate
- Dynamic demographic and emerging middle class

 


(source www.coface.com)

 

 

Insurance Market

 

- Size of the Market in million : 1 919 USD
- Insurance Penetration Rate (% of the GDP): 2,83

 

 

(source www.axco.co.uk)

 

 

 

Our other subsidiaries are also at your service

 

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