First Reinsurance Brokers Africa Limited (FIRSTRE)
First Reinsurance Brokers Africa Limited (FIRSTRE) was incorporated early 1993. In November 1993, it was registered and licensed by the Commissioner of Insurance as The First REINSURANCE Broking Company in Kenya. Initially it was a joint venture, however, in 1997, it became a wholly owned subsidiary of The Pacific Group.
During the renewal of reinsurance treaties for the year 1994 in the Kenyan Market, FirstRe managed to book its first business. Since then, there was no looking back.
Being the first company to enter the local reinsurance market in Nairobi, Kenya, Firstre was (and still is) ahead of its competition in terms of superior brand recognition and customer loyalty. Firstre had to prove its capacity in providing the level of technical knowledge, professionalism, availability and dedicated service delivery that was then associated only with international trade.
From a Pioneer in the reinsurance broking services, FirstRe has remained a leader in the region, even after witnessing the influx of many competitors in the market
While the company started off with one staff member, Jacinta W. Karita, the current Chairperson, it has experienced a steady growth in the diversity of her employees’ competitiveness and skills to its current level of extremely highly qualified, motivated and trained core staff.
To compliment our staff development we have placed great emphasis in the application of technology with special focus to tailor made software enhancing our effectiveness and enabling them to proactively impact and deal with our clients needs, present and anticipated requirements of their expectations.
What started in Kenya as a local broker rapidly transformed into an International broker with business partners, reinsurance companies in Kenya and all over the world. We were quick to learn that Reinsurance is a global business, therefore FirstRe has adapted to build a formidable reputation and relationships for professionalism and credibility, all over the world.