APA Life Assurance has been named Life Insurer of the Year at the Africa Company of the Year Awards (ACOYA) 2026. This landmark recognition underscores the company’s position as a regional market leader and stands as one of the most significant milestones in its corporate history.
APA Life has delivered one of the most remarkable transformation stories in Kenya’s life insurance industry. In less than two years,the company rose from 12th to 4th position in the market growing its premiums from Kshs
5 Billion to Kshs 14.5 Billion becoming the fastest growing life company in the industry by
market share.
The ACOYA award highlights APA Life Assurance’s robust focus on delivering market leading
customer value proposition, product and system innovation and operational excellence with
a focus on sustainable growth and profitability. Furthermore, it reinforces the company’s
ongoing commitment to strengthening financial security for individuals, families, and
businesses across East Africa through accessible, high-impact life insurance solutions.
Speaking on the achievement, Eric Wanting, CEO, APA Life Assurance, said: “We are
deeply honored to be named Life Insurer of the Year at the Africa Company of the Year
Awards 2026. This recognition is particularly meaningful because it reflects our commitment
to creating customer value, building meaningful partnerships with our distribution partners
and delivering a focused strategy of improving operational efficiency. At APA Life, we
remain committed to building a resilient, trusted, and forward-looking institution that
delivers long-term value to customers and staff.
“I would personally like to extend my deepest appreciation to our customers, employees,
distribution partners, and stakeholders,” Wanting added. “Your unwavering trust and shared
commitment continue to propel our growth and inspire our pursuit of excellence across the
region.”
The Africa Company of the Year Awards (ACOYA) is organised by Eastern Star Consulting
Group (Tanzania) and The Global CEO Institute (South Africa), and is an affiliated event of
the Africa CEO Summit 2026. The awards celebrate leading organizations across the
continent that demonstrates corporate excellence, strong governance, sustainability, and
continuous improvement.
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