23 List Of Insurance Companies In Tanzania (2023)
Insurance in Tanzania is taken as a set of processes allowed or promoted in that country for the reduction or minimization of losses which may come from the constant exposure of people and the assets they possess to risks (and those risks can be natural causes or financial risks or personal risks). Risks mean potential danger. The kinds of loss which might come into place if such risks should come into reality may be either life-threatening or non-life-threatening losses.
A generally accepted definition of insurance explains it as a legally binding contract between an insurer and an insured party, in which the insurer agrees to render to the insured party a sum of money, or an agreed equivalent, in the event of a specific unfavorable event in which the insured party has suffered a loss. The insured party must have first paid a premium which is like a contribution, or a maintenance fee. The insurer can be the state (or its agent), a bank, or any other financial institution, so empowered by the laws of the state to carry out such insurance business.
We have researched to bring to you a comprehensive list of insurance companies operating in Tanzania.
LIST OF INSURANCE COMPANIES IN TANZANIA
- Insurance Company: AAR Tanzania
- Insurance Company: Alliance Insurance Corporation Ltd.
- Insurance Company: Alliance Life Assurance Limited
- Insurance Company: Britam Insurance Tanzania Ltd.
- Insurance Company: Bumaco Insurance Company Ltd
- Insurance Company: First Assurance
- Insurance Company: GA Insurance Tanzania Limited
- Insurance Company: The Heritage Insurance Company Tanzania Limited
- Insurance Company: ICEA Lion General Insurance Company (T) Limited
- Insurance Company: Insurance Group of Tanzania Limited
- Insurance Company: The Jubilee Insurance Company of Tanzania Limited
- Insurance Company: Jubilee Life Insurance Company Ltd.
- Insurance Company: Mayfair Insurance Co. Tanzania Ltd.
- Insurance Company: Metropolitan Tanzania Insurance Company Limited
- Insurance Company: Metropolitan Tanzania Life Assurance Company Limited
- Insurance Company: Milembe Insurance
- Insurance Company: MO Assurance Company Limited
- Insurance Company: National Insurance Corp. (T) Ltd
- Insurance Company: Phoenix of Tanzania Assurance Co. Ltd
- Insurance Company: Reliance Insurance Co. Tanzania Ltd
Contact Us Of Insurance Companies In Tanzania {Phone Number, Addresses & Website}
- Insurance Company: AAR Tanzania
Office Address: Dar es Salaam, Tanzania
Contact Telephone: +255 655 122 176
Official Website: https://aar-insurance.co.tz/2016-08-22-14-06-23/branches.html - Insurance Company: Alliance Insurance Corporation Ltd.
Office Address: Ghana St, Dar es Salaam, Tanzania
Contact Telephone: +255 41 120 0104
Contact Website Via: https://www.tira.go.tz/content/alliance-insurance-corporation-ltd - Insurance Company: Alliance Life Assurance Limited
Office Address: Ghana Avenue 7th floor EXIM Tower P.O. Box 9942 DAR ES SALAAM.
Official Website: https://www.alliancelife.co.tz/ - Insurance Company: Britam Insurance Tanzania Ltd.
Office Address: PPF Tower, 2nd Floor Ohio Street, Garden Ave, Dar es Salaam, Tanzania
Contact Telephone: +255 22 213 8058
Official Website: https://www.britam.com/web/tanzania/about-us/regional-offices - Insurance Company: Bumaco Insurance Company Ltd
Office Address: Garden Ave/ Azikiwe Street, Car & General Bldg 1st Floor, P.O.Box 13147 Dar es Salaam, Tanzania
Official Website: www.bumacoltd.com/ - Insurance Company: First Assurance
Office Address: First Assurance House Clyde Gardens, Gitanga Road Nairobi KE, Kenya
Contact Telephone: +254 20 2900000
Official Website: https://firstassurance.co.tz/contact.html - Insurance Company: GA Insurance Tanzania Limited
Office Address: 401, 4th floor, IT Plaza, Garden Avenue, P.O.BOX 75908, Ohio St, Dar es Salaam, Tanzania
Official Website: https://www.52.17.28.186/ga-insurance/ga-tanzania/contact-us-z/ - Insurance Company: The Heritage Insurance Company Tanzania Limited
Office Address: 4th Floor, Bains Avenue Masaki Ikon Msasani Peninsular P O Box 7390, Dar es Salaam, Tanzania
Contact Telephone: +255 (0)22 260 2984
Official Website: www.heritageinsurance.co.tz/ - Insurance Company: ICEA Lion General Insurance Company (T) Limited
Office Address: 486 Rose Garden Rd, Dar es Salaam, Tanzania
Contact Telephone: +255 22 277 4999
Official Website: https://www.icealion.com/contact-us-tanzania - Insurance Company: Insurance Group of Tanzania Limited
Office Address: 12th Floor, NIC Investment House, Samora Avenue
Contact Telephone: +255 22 2131481
+255 22 2122064
Official Website: www.igt.co.tz/ - Insurance Company: The Jubilee Insurance Company of Tanzania Limited
Office Address: Dar es Salaam, Tanzania
Contact Telephone: +255 22 213 5121
Official Website: https://www.jubileeinsurance.com/tz/ - Insurance Company: Jubilee Life Insurance Company Ltd.
Office Address: Dar es Salaam, Tanzania
Contact Telephone: +255 22 213 5121
Official Website: https://jubileeinsurance.com/tz-life/index.php/contact-us - Insurance Company: Mayfair Insurance Co. Tanzania Ltd.
Office Address: Dar es Salaam, Tanzania
Contact Telephone: +255 22 292 2337
Official Website: https://ke.mayfairinsurance.africa/ - Insurance Company: Metropolitan Tanzania Insurance Company Limited
Office Address: Tan-Re House, 2nd Floor, Plot No. 406 Longido Street Upanga P.O. Box 38353 Dar Es Salaam, TANZANIA
Official Website: https://www.metropolitantz.com/ - Insurance Company: Metropolitan Tanzania Life Assurance Company Limited
Office Address: Tan-Re House, 2nd Floor, Plot No. 406 Longido Street Upanga, Dar Es Salaam, Tanzania.
Postal Address: P.O. Box 38353 Dar Es Salaam, TANZANIA - Insurance Company: Milembe Insurance
Office Address: 2nd Floor Viva Towers, Ali Hassan Mwinyi Road Dar es Salaam – City Centre P.O. Box 14548. Dar es Salaam, Tanzania
Contact Telephone: +255 22 266 7167
+255 767 149 149
Official Website: https://www.milembeinsurance.co.tz/ - Insurance Company: MO Assurance Company Limited
Office Address: 8th Floor, CRDB Building Azikiwe Street P.O. Box 20660 DAR ES SALAM, TANZANIA.
Contact Telephone: +255 22 2127 398.
+255 22 2129 891
Official Website: https://moassurance.co.tz/ - Insurance Company: National Insurance Corp. (T) Ltd
Office Address: Mirambo St, Dar es Salaam, Tanzania
Contact Telephone: +255 22 211 3825 - Insurance Company: Phoenix of Tanzania Assurance Co. Ltd
Office Address: IPS building, Samora avenue; City/Town: Dar-es-salaam
Telephone Number: 022-2122777
Email Address: info@phoenixtanzania
Official Website: www.phoenix-assurance.com/ - Insurance Company: Reliance Insurance Co. Tanzania Ltd
Office Address: Plot No.356, United Nations Road, Upanga, P.O. Box 9826, Dar es Salaam, Tanzania
Tel: 022 2120088/89/90,
E-mail: insure@reliance.co.tz
Official Website: www.reliancetz.com/
However, further and proper investigations about these companies should be carried out before making an agreement or signing a deal with any of the companies.
List Of Insurance Companies In Tanzania
Some of the many risks that face the average person in his daily activities include Fire incidence, motor vehicle theft, car or vehicle accident, robbery of business premises, loss of profit arising from pests infestation in farm or storehouse, disease breakout on farm animals, loss of profit through fall in demand of products, loss of profit through a change in fashion and design, loss of profit through unfavorable weather, etc.
In response to some of the risks mentioned above, some insurance policies have been developed, so as to protect the insured party from the full weight of a loss, or to reduce the risks of him suffering in without respite as a result of such a loss. Some of the policies are Motor Vehicle Insurance(Theft and Accident cover), Theft and also Robbery Insurance, Fire Insurance, Burglary Insurance, Life and Death (and also injury cover), and also so on.
In this post, we are happy to have listed insurance companies in Tanzania, as well as give a little information about them, particularly their contact information.
Please remember that the information that is contained in this article is not financial advice. Please consult your solicitor, banker, investment manager, or any professionally trained investment specialist before you invest your money.
Remember that we are not affiliated with any of the companies that are listed below, even though uneven information may be given about them, that does not indicate a preference, but rather the uneven availability of information.
Read Also:
- LIST OF INSURANCE COMPANIES IN NIGERIA
- LIST OF INSURANCE COMPANIES IN TANZANIA
- Types of Insurance in Ethiopia
CONCLUSION
While government and security bodies are doing their best to guarantee the safety of life and property, it is impossible to contain all risk that poses a threat to life and property. Insurance is a way of making sure that comes what may, one would not be in shock or a loss for what to do. Any of the above-listed insurance agencies can be trusted to offer services in line with their corporate policies.
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