June 4, 2013 : firstre
First Reinsurance brokers will be celebrating 20 years of Existence. As the name suggests, we have been and are indeed NO.1 in the reinsurance broking business since 1993 in Kenya. We have grown from strength to strength and are proud of that ...
The Board and the Management of FirstRe are committed to a strong philosophy of integrity and professionalism which runs across the entire sphere of the Company. This is underpinned by the realization that we are in a globally integrated world of insurance and reinsurance security for the development and prosperity of humankind. However, the foundation for our success is based on the sensitivity we bring to bear to the needs and desires of the customers. Our focus is to ever add value while not compromising on the principles of Reinsurance and Insurance in general.
Mr. Karanja Kabage
Mr. Kabage is the Group Chairman of Pacific Insurance Brokers (EA) Ltd and First Reinsurance Brokers Ltd (FirstRe). He has been in the Insurance Industry for over thirty years where he has held key positions in the industry related Associations. Mr. Kabage was Chairman – Association of Insurance Brokers of Kenya (AIBK) for an unprecedented four (4) years period prior to which he served as Secretary of Insurance Institute of Kenya (IIK) for two years. Until November 2007, Mr. Kabage had served in the Chairmanship capacities of three key private sectors; Federation of Kenya Employers (FKE), Kenya Private Sector Alliance (KEPSA) and Kenya Business Council (KBC). Currently he is serving as Commissioner with Energy Regulatory Commission (ERC) which is responsible for Electricity, Petroleum and Renewable energy. Mr. Kabage holds a BSc and an MBA in Business Administration from the United States International University (USIU) and Bachelor of Laws – LLB (Hons) and Master of Laws – LLM degree from the University of Nairobi (UoN). He holds a Diploma from the Kenya School of Law (KSL) and is an Advocate of the High Court of Kenya. He is also a member of the Law Society of Kenya (LSK), East African Law Society (EALS), International Bar Association (IBA) and Commonwealth Lawyers Association (CLA). In his LLM degree he specialized in International Trade and Investment Law with special emphasis on International Maritime Law. He is a member of Chartered Institute of Arbitrators (MCIArb).
Mrs. Jacinta W. Karita
(BCom (HONS), MBA, FCII)
Mrs. Karita has been working for the past 17 years in Pacific Insurance Brokers (EA) Ltd and First Reinsurance Brokers Ltd where she has held various technical and management positions in both direct and reinsurance broking services. Overall, Mrs. Karita has been in the insurance industry for more than 25 years. Her career started at the Kenya Reinsurance Corporation Ltd where she acquired invaluable skills in both Treaty and Facultative Reinsurance Underwriting. At FirstRe she has been exposed to the broking Profession through training locally and internationally. Presently, Mrs. Karita is the Group Managing Director of both Pacific and FirstRe. She holds a Bachelor of Commerce Degree (BCom) from Daystar University, a Master Degree in Business Administration (MBA) in Strategic Management from Jomo Kenyatta University of Agriculture and Technology (JKUAT). Jacinta is a Fellow of the Chartered Insurance Institute of London (FCII) and has the rare distinction of being the first lady in Kenya to earn Fellowship Diploma in Reinsurance by qualification. She is responsible for the day to day management of the Insurance and Reinsurance Broking operations of the Group. Additionally she is a Director of our subsidiary, Pacific Insurance Brokers (T) Ltd in Dar-essalaam, Tanzania.
Ms. Jane W. Mwangi
MBA (Finance), BCom, CPA (K)
Ms Mwangi is the Group Financial Controller for Pacific Group of Companies. She is a Certified Public Accountant of Kenya (CPA K) and a holder of Bachelor of Commerce Degree (BCom) (Accounting major)
from Kenyatta University. During her career, Jane has gained vast experience in the fields of Audit and Accounting both regionally and internationally while working for 3 of the largest accounting firms in East Africa. She is responsible for the Group’s finance, accounting, planning and administration functions.
(Finance Option) at the University of Nairobi
Mrs. Lucy W. Ngugi
(BSc. MBA, ACII)
Mrs. Ngugi is a holder of Bachelor of Science in Business Administration (BSc) and a Masters degree in Strategic Management (MBA) and Entrepreneurship both from United States International University (USIU) – Nairobi. She is an associate of the Chatered Institute of London (ACII). Mrs. Ngugi prior to joining FirstRe worked at Kenya Reinsurance Corporation Ltd. for 10 years, where she handled both local and international reinsurance businesses. She has been with FirstRe at various levels for the last 13 years and has wide exposure on both Treaty and Facultative Reinsurance with extensive training in her field both locally and internationally.
Mr. Stanley Kimbio
Mr. Kimbio has a wealth of experience in Insurance spanning about 20 years. He started his career with Kenya Reinsurance Corporation Ltd as an Underwriter in the Reinsurance Department. He Moved to Uganda in 2001 as Underwriting & Claims Manager at Excel Insurance Company and rose to the position of Assistant General Manager in 2002.
Stanley is an Associate of the Chartered Insurance Institute of London (ACII), MBA (Makerere University) and FCII-UK finalist. He has attended numerous seminars and courses in Insurance, Reinsurance and Management. He is an Associate member of the Insurance Institute of Kenya (AIIK) and Insurance Institute of Uganda (AIIU). He has conducted several courses and seminars both as facilitator/presenter and organizer. He has also served as Chairman Education Committee of the Insurance Institute of Uganda.
Mr. Francis M. Gakui
(BCom (HONS), ACII)
Mr. Gakui is a holder of Bachelor of Commerce degree (BCom), from the University of Nairobi. He is an associate of the Chartered Institute of London (ACII). Mr. Gakui prior to joining FirstRe worked at Kenya Reinsurance Corporation Ltd. For 8 years, where he handled both local and international reinsurance claims. He has worked in FirstRe at various levels for the last 9 years handling Reinsurance Claims and Investigations of both Treaty and Facultative Claims.
Eng. (Mrs.) Martha W.Maina
Mrs. Maina is a Bachelor of Science graduate in Electrical Engineering (BSc (Eng)) from Nairobi University. She has over 13 years of experience in Building and Engineering utility services. She worked in the Ministry of Works as an Assistant
Engineer as a supervisor of the electrical contractors. Mrs. Maina also worked at the Kenya Power & Lighting Company Ltd as a Central Rift Commercial Engineer in charge of all the operations of the commercial division in the area. Eng. Maina joined FirstRe in 1998 and has over 10 years experience in international reinsurance broking and administration.
Mr. Patrick C. Mugo
(BA (Econ), ACII)
Mr. Patrick Mugo is a holder of Bachelor of Arts BA (Econ) from the University of Nairobi. He is an associate of the Chartered Institute of London (ACII). He has a wealth of experience in Life Business having worked in several local Insurance companies among them former Stallion Insurance, Madison Insurance and Heritage Insurance Company Ltd. where he worked just before he joined FirstRe. He has participated in a number of seminars both locally and internationally, relating to Life & Pension Business. Mr. Mugo heads the Life Division of First Reinsurance Brokers Ltd.