APA Life Assurance has been named Life Insurer of the Year at the Africa Company of the Year Awards (ACOYA) 2026.
According to a statement, 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.
