Reliance Insurance Company (T) Limited was promoted in 1998 in the light of the opportunities offered by the privatization of the insurance industry.
Local businessmen of repute joined hands with Pan Africa Insurance Company Limited of Nairobi, Kenya to infuse the envisaged initial paid –up capital of T.Shs.600 million.
APA Insurance Limited, acquired the shares consequent to merger of Pan African Insurance and Apollo Insurance. The company was among the first few companies licensed in 1998 and started operation October 1998.
A P A Insurance underwrites Health, Marine, Aviation and other General Insurance risks. Its offices in Nairobi, Mombasa, Nakuru, Kisumu and Nyeri employ over 130 well-trained professionals catering for the needs of the insuring public. The company has long established Re-insurance relationships through its professionals catering for the needs of the insuring public. The Company has long established Re-insurance relationships through its parent companies and has the capability of underwriting bigger risks due to larger treaty capacities.