Photo by Beatrice Moraa 2015
Photo by Stephen Mukhongi 2015
Mr Peter Makhanu, Managing Director, PACIS. says that part of
the strategy as the company clocks ten years, is to go beyond
the borders and if that has to happen, they will follow the
Mr Anthony Muchiri, Senior Marketing Executive at Pacis
AMECEA footprint.
Insurance. He says that for a very long time, churches were
not insured because the real value of these properties had not
been known.
Managing Director of Pacis in an interview with The Seed at the
The company that started with meager resources today has
company’s head office in Westlands, Nairobi.
about 12,000 active policies and a customer base above six
The Catholic Church in Kenya mooted the idea of forming an
insurance company in 1997. But it was only eight years later
staff in its payroll and an asset base of Sh 1.7 billion.
that the dream came true. Pacis Insurance Company Limited
In August this year, as Pacis Insurance celebrated 10 years since
was incorporated in October 2004 and licensed to do business
inception, Mr Wangunyu, the chairman of the Board in his
in August 2005.
message read during the company’s AGM held at the Catholic
The company is owned by the Catholic dioceses and the
University of Eastern Africa had this to say:
Association of Religious Men and Women of Kenya. The Kenya
“The journey has been incredible. We have grown immensely
Conference of Catholic Bishops has the highest stake in the
as an organization evidenced by our branch networks, our track
enterprise. It owns 25% of the shares. Followed closely by
record. As we step into the future, integrity, passion and care
the Archdiocese of Nairobi with 20%. Luna Trust Registered
which are our core values will guide our service to you as we
Trustees owns 18% of the companies stake. The Association
strive to be the beacon of trust and reliability in the insurance
of Sisterhoods of Kenya own 2%, while their male arm, the
industry.”
Religious Superiors Council of Kenya has a stake of 4%.
Photo from the internet
thousand. It has eight branches countrywide with 96 permanent