About Cannon Assurance
Cannon Assurance is a Financial Services company based in Nairobi (Kenya) founded in 1964, and was acquired by MMI Holdings in February 2015. Provider of life, personal accident, business workers compensation insurance services. Its focus areas include Insurance Carriers and Diversified. Its competitors include Britam, APA Insurance and UAP Old Mutual; 2 of its 3 listed competitors have raised funding.
Company details
Cannon Assurance was established in 1964 and is headquartered in Nairobi, Kenya. Operations are focused on the insurance sector, where various policies are offered to clients. Services encompass life insurance, personal accident coverage, business protection, and workers compensation plans. Coverage is extended primarily within Kenya, supporting individuals and businesses through tailored risk management solutions. The company maintains an online presence via cannonassurance.com for policy inquiries and services.
- Headquarters Nairobi, Kenya
- Stage Acquired
- SectorsFinancial Services
- Website cannonassurance.com
- Social LinkedIn
- Acquired by MMI Holdings (Feb 2015)
- Investors
- Acquired byMMI Holdings
(Feb 2015)
Investors in Cannon Assurance
Cannon Assurance has secured backing from 1 investor. Prominent investors backing the company include MMI Holdings.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Life insurance carrier | 2010 | mmiholdings.co.za | Centurion, South Africa |
Investor details for Cannon Assurance
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- Round participation
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Timeline of Cannon Assurance
2 dated milestones of Cannon Assurance across 51 years, from founding to its latest funding, stage changes and deals.
- Founded Cannon Assurance is founded.
- Exit Acquired by MMI Holdings.
Competitors of Cannon Assurance
Cannon Assurance has 3 listed competitors in our database, 2 of them funded. They include Britam, APA Insurance and UAP Old Mutual.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| britam.com | 1965 | Nairobi, Kenya | $2.65M | Provider of financial services and insurance products | ||
| apainsurance.org | 2003 | Nairobi, Kenya | Diversified insurance services are offered throughout Kenya. | |||
| uapoldmutual.com | 1845 | Nairobi, Kenya | $53.79M | Mutual insurance carrier |
Detailed competitors of Cannon Assurance
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- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Web traffic of Cannon Assurance
Websites that share an audience with Cannon Assurance (cannonassurance.com).
Websites whose visitors overlap most with Cannon Assurance. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| aig.co.ke | 84% | View details |
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Frequently Asked Questions about Cannon Assurance
Cannon Assurance was founded in 1964.
Cannon Assurance is headquartered in Nairobi, Kenya.
Cannon Assurance was established in 1964 and is headquartered in Nairobi, Kenya. Operations are focused on the insurance sector, where various policies are offered to clients. Services encompass life insurance, personal accident coverage, business protection, and workers compensation plans. Coverage is extended primarily within Kenya, supporting individuals and businesses through tailored risk management solutions. The company maintains an online presence via cannonassurance.com for policy inquiries and services.
Cannon Assurance's top competitors include Britam, UAP Old Mutual and APA Insurance.
Cannon Assurance has 1 investor. Key investors include MMI Holdings.
Yes. Cannon Assurance was acquired by MMI Holdings in February 2015.