{"id":44,"date":"2014-12-07T20:02:02","date_gmt":"2014-12-07T20:02:02","guid":{"rendered":"http:\/\/www.reostz.com\/?page_id=44"},"modified":"2015-01-01T13:52:19","modified_gmt":"2015-01-01T13:52:19","slug":"major-underwritters","status":"publish","type":"page","link":"https:\/\/www.reostz.com\/?page_id=44","title":{"rendered":"Partners"},"content":{"rendered":"

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Alliance Insurance Corporation (T) Limited<\/strong><\/p>\n

Instituted in the year 1998, Alliance Insurance Corporation is one of the most dynamic and elite standards in the Insurance world of Tanzania.<\/em> Alliance Insurance was several times honored with the President\u2019s award from 2008-2011 in the service sector comprising Finance, Insurance, Real Estate and Business. The President\u2019s Manufacturer of the Year Awards (PMAYA) competition is an annual event that is organized by the Confederation of Tanzanian Industries (CTI) to award outstanding manufacturers for the preceding year<\/em><\/p>\n

Heritage AII Insurance Company (T) Limited<\/strong><\/p>\n

Heritage Insurance is a subsidiary of The Heritage Insurance Company of Kenya, whose roots can be traced back to 1908 Through Liberty Kenya Holding in East Africa, Heritage Tanzania is also a member of the Standard Bank Group, the largest financial services group in Africa MAC Group Limited, is Heritage’s Tanzania local partner with a share holding of 40% and Heritage in turn has 40% share in Strategis Insurance.. <\/em><\/p>\n

Jubilee Insurance Company (T) Limited<\/strong><\/p>\n

From humble beginnings in 1937, Jubilee Insurance has spread its sphere of influence throughout the region to become the largest multi-line insurer in East Africa, handling both long-term and short-term insurance. Today, Jubilee is the number one insurer in East Africa with over 250,000 clients, and over 320 employees. Jubilee Insurance is also the largest provider of medical insurance across East Africa that includes many of the region\u2019s blue chip companies<\/em>. Jubilee Insurance has won 12 awards at the 2011 Insurance Awards. <\/em><\/p>\n

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Phoenix of Tanzania Assurance Company Limited<\/strong><\/p>\n

Oldest East African Non Life Insurance Group with Pan\u2013 African vision (Established 1912). Largest Regional Presence. Operating in Five countries in East and Southern Africa namely Kenya, Tanzania<\/strong>, Uganda, Rwanda and Zambia. Big enough to be COMPETITIVE and humble enough to CARE. After a detailed analysis of the Tanzanian insurance market, Credit Rating Agency has rated the company AA\u2013 for its claim paying ability, with strong protection factors and modest risk exposures. Phoenix was awarded the strongest rating in the market. Phoenix\u2019s strong liquidity position and financial strength was also taken into account, with Phoenix being the 4th largest insurer (as per GPI)<\/em><\/p>\n

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UAP Century Insurance Company Limited<\/strong><\/p>\n

Century Insurance Company Ltd is a Tanzanian owned Insurance Company providing general insurance products to its clients, through brokers and intermediaries<\/em><\/p>\n

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National Insurance Corporation Ltd<\/strong><\/p>\n

NIC was incorporated in 1963. NIC has grown over the years into one of the most financially sound and reliable insurance companies. It has its head office along Samora Avenue\/Pamba Road in the city of Dar-Es-Salaam, but its geographical spread nationwide. It is 100% Owned by government.<\/em><\/p>\n

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Reliance Insurance Company Limited<\/strong><\/p>\n

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 \u2013up capital of T.Shs.600 million<\/em><\/p>\n

M-Gen Insurance (T) Ltd<\/strong><\/p>\n

The Company is a subsidiary of the Madison Financial Services Company of Zambia which in turn is a member of the LSA Group of Companies. The LSA Group is a diversified holding company with interests in the financial sector, tourism and property development to name a few. MGen Tanzania was registered in 2006 but its related company in Zambia (Madison General) was the first private insurance company in Zambia after liberalization of the market in 1992<\/em><\/p>\n

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Niko Insurance Company Limited<\/strong><\/p>\n

Was launched on 14th July 2005 following the acquisition of about 67% shareholding of Imperial Insurance Company Limited NIKO Insurance (Tanzania) Limited<\/strong> operates as part of NICO Holdings Limited<\/strong> ,a multi-national group whose main business is insurance and banking, thereby combining operations with a series of synergistic networking partnerships while maintaining a strong customer focus..<\/em><\/p>\n

Real Insurance Tanzania Limited<\/strong><\/p>\n

REAL Insurance Tanzania Limited (formerly Royal Insurance) was incorporated in 1998 in terms of The Insurance Act of 1996 after liberalization of the insurance industry. The company has been operating in Tanzania since then. REAL Insurance Tanzania Limited is a subsidiary of REAL Insurance Company Limited of Kenya with substantial shareholding being owned by Tanzanians. \u00a0The group has been in operation in East Africa since 1910 therefore has thorough understanding of the regional market. The company has tremendous experience in international insurance through its global network partnership with Royal & Sun Alliance Insurance Group PLc.<\/em><\/p>\n

Tanzindia Assurance Company Limited<\/strong><\/p>\n

Tanzindia Assurance Co Ltd was launched on November 24, 2003 at Dar es Salaam as a subsidiary of Kenindia Assurance Co Ltd, Nairobi, Kenya. As the largest insurance Company in East Africa it was natural for Kenindia to open activity in Tanzania and leverage its<\/em> tremendous goodwill in the<\/em> area<\/em>.<\/p>\n

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Icea Lion of Tanzania Insurance<\/strong><\/p>\n

ICEA LION Tanzania Insurance Company Limited was incorporated, licensed and commenced operations as a general (non-life) insurer in 1998. The company has recently increased the paid up share capital from Tshs. 1.25 billion ICEA LION Tanzania to Tshs. 1.50 billion<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Alliance Insurance Corporation (T) Limited Instituted in the year 1998, Alliance Insurance Corporation is one of the most dynamic and elite standards in the Insurance world of Tanzania. Alliance Insurance was several times honored with the President\u2019s award from 2008-2011 in the service sector comprising Finance, Insurance, Real Estate and Business. The President\u2019s Manufacturer of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"blog.php","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-44","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P5LEKk-I","_links":{"self":[{"href":"https:\/\/www.reostz.com\/index.php?rest_route=\/wp\/v2\/pages\/44","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.reostz.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.reostz.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.reostz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.reostz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44"}],"version-history":[{"count":2,"href":"https:\/\/www.reostz.com\/index.php?rest_route=\/wp\/v2\/pages\/44\/revisions"}],"predecessor-version":[{"id":193,"href":"https:\/\/www.reostz.com\/index.php?rest_route=\/wp\/v2\/pages\/44\/revisions\/193"}],"wp:attachment":[{"href":"https:\/\/www.reostz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}