Topic: CIC Insurace
CIC layoffs leave Sh275 million deep hole as it adopts tech-driven model
May 28, 2024 at 11:59 PM
CIC Insurance Group (CIC) underwent a significant restructuring exercise in 2023, resulting in a Sh275.65 million cost and a leaner, more technologically-driven workforce....
CIC Insurance profits soar by a whopping 818 per cent to Sh1.44 billion in FY 2023
May 15, 2024 at 06:11 PM
CIC Insurance Group (CIC) has posted an 818 per cent spike in post-tax profit to Sh1.44 billion for the year ended December 31, 2023, from Sh157.137 million it posted in FY 2022....