Our Team

Stephen Lokonyo

Stephen joined First Assurance in June 2021 from UAP Insurance Tanzania Ltd where he was the Managing Directors. Prior to joining UAP, Stephen held the position of Chief Executive Officer at Britam Insurance (Tanzania) Limited since November 2015. He began his career in Underwriting at Heritage Insurance Company Limited in Kenya in 1995 where he served until moving to UAP Insurance Company Limited (Kenya) in 2004 as an Underwriting Manager (Corporate Business).
He later moved to AIG Kenya Insurance Company Limited in 2010 as the Profit Centre Manager (Property, Energy & Marine) for two years. Thereafter, he joined REAL Insurance Kenya Limited as the Senior Underwriting Manager and later promoted to the Head of Broker Relationship in January 2015 after the merger of Real Insurance and Britam General. He was then transferred to Tanzania to take up the position of Chief Executive Officer.
Following the successful acquisition by Britam Holdings in 2014, Stephen led the rebranding of Real Insurance Tanzania to Britam Insurance in 2016. He has also played a significant role in the turnaround of the business from a loss position in 2015 to consistent profitability since 2016. Stephen is an Associate of the Chartered Insurance Institute (ACII – UK) with 24 years’ experience in leading insurance companies in East Africa and over 10 years in Executive Management. He holds a bachelor’s degree in Commerce (Insurance option)

Reuben Bundi

Reuben Bundi joined First Assurance as the Chief Finance Officer in August 2019. He holds a Bachelor’s Degree in Business Administration from Maseno University. He is also a practicing member of the Institute of Certified Public Accountants. Reuben has 14 years all round experience in audit, finance and accounting, staff‑ training, consultancy, taxation and internal audit. Reuben started his career with Deloitte and Touché, a leading international professional services firm, where he worked for a total of 10 years. He held various position within the Audit and Outsourcing department. He has also worked a Business performance manager at UAP insurance, a Senior Internal Audit Manager at CIC Group and at Airworks Kenya Limited as the Chief Finance Officer.

Hilary Njuki Mwangi

Hilary is an Actuary and a member of the Actuarial profession (UK). He holds a BSc in Actuarial Science from the University of Nairobi and an Executive MBA from USIU Chandaria School of Business. He has extensive insurance experience in specialist areas of pricing, analysis, reserving and product design and has worked for several top insurers locally. He joined the company in 2010 and has successfully spearheaded the growth strategy of the Medical Insurance division turning First Assurance into one of the leading Medical Insurance underwriters in the country.

Elias Kariuki

Elias joined the company in March 2014. He holds a Bachelor of Commerce degree in Accounting from Kenyatta University. He is a Certified Fraud Examiner (CFE), a Certified Information System Auditor (CISA) and a Certified Public Accountant (CPA). He is also a qualified Quality Management Systems Auditor. He is a member of the Association of Certified Fraud Examiners (ACFE) and a member of the Information Systems Audit and Control Association (ISACA). Elias has a wealth of experience in audit and risk management as well as management of Quality Management Systems. His main areas of interests are audit, risk, governance, information systems control and quality system reviews. Prior to joining the Company, He previously worked for Kenya Orient Insurance limited as Senior Auditor.

Denis Adem

Denis joined First Assurance in October 2007. He holds a Bachelor of Science degree in Information Technology from Jomo Kenyatta University of Agriculture and Technology and is an Oracle Certified Associate (OCA). He has a wide experience of over 13 years in systems analysis, requirement analysis, business intelligence, systems implementation and project management. Prior to joining First Assurance he worked with Simba Technology as senior systems analyst and 3i InfoTech as implementation consultant and reports developer. He has spearheaded IT infrastructure and system upgrades that have greatly improved communication, branch connectivity and service delivery.

Jacob Sila

Jacob joined the company in December 2016. He holds a Bachelor of Science degree in Mathematics from Moi University. He also holds a Post Graduate Diploma in Management Practice and Regulatory Compliance from University of Cape Town and a Certificate in Compliance from University of Cambridge Judge Business School. Jacob has a wealth of experience in Financial Crime Management, Regulatory Compliance, Compliance Audit and Risk Management. Before joining as Money Laundering Reporting Officer, Jacob was Compliance Monitoring Manager for Absa Bank of Kenya.

Stephen Simiyu

Stephen joined the company in October 2017 and holds a Bachelor of Business Administration from Kenya Methodist University and also holds a Diploma in Business Management (KIM). He also holds an advanced diploma in insurance from the Insurance Institute of London (ACII) and is an Associate member of Kenya Institute of Management (KIM). He has over 9 years’ experience in insurance industry having worked with various underwriters.

Stephen Wanyonyi

Stephen Wanyonyi is an insurance professional with over 10 years experience in the insurance industry, having worked for several insurance companies. He holds a bachelor’s degree in commerce (Finance – Option) from the Catholic University of Eastern Africa (CUEA).He’s an Associate member of the Insurance Institute of Kenya (AIIK) in addition to a Certificate of Proficiency in Reinsurance from Zep-Re Academy. Stephen has attended training and seminars in Insurance and Reinsurance, he holds several Transformative leadership certifications by Training Solutions. He is currently an active member of the Accident & Liability Technical committee at Association of Kenya Insurers (AKI)

Jane Muthee

Jane Muthee joined the company on 26th September 2019. She holds a Master’s Degree in Business Administration and a Bachelor’s Degree in Education (Science) from the University of Nairobi. She also holds Advanced Diploma in Insurance (ACII) from the Chartered Institute of Insurance (UK) and is an Associate member of The Insurance institute of Kenya (AIIK).

Jane has 11 years all round experience in General Insurance business as well as Banc assurance. Prior to joining the Company she worked for Heritage Insurance Company and UAP-Old Mutual Group.

Daniel Mwangi

Daniel is a well- seasoned insurance practitioner with over 12 years’ experience in the industry.
He started off at Minet Insurance Brokers Ltd where he worked for 4years before proceeding to Zamara Insurance Brokers and thereafter a short a stint at Saham Assurance.
He joined UAP in 2016 as the Bancassurance Manager where he transformed Bancassurance business leading to strategic, sustainable and profitable growth of the channel.
He holds a degree in Business Management from Edinburgh Napier University, Diploma in Insurance from AIIK and Certificate Course in Arbitration CIArb. He has also undertaken a senior management course at Strathmore University under the Aspire Leadership Program.