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Heritage A.I.I Insurance Company (Tanzania)

Main Activities: Insurance Carriers
Full name: Heritage A.I.I Insurance Company Profile Updated: September 07, 2023
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The Heritage A.I.I. Insurance Company (T) Limited (“Heritage Tanzania”) began operating in November 1998, following the promulgation of the Insurance Act. Whereas the industry was previously controlled by a nationalised monopoly, encompassing the National Insurance Corporation and Zanzibar Insurance Corporation, the Act opened the insurance market to private participation. Heritage Tanzania is 60% owned by The Heritage A.I.I. Insurance Company Kenya, which is in turn 65% owned by NSE listed CFC Bank. The strong brand equity of the Heritage Group, which has a strong presence in East Africa, has enabled Heritage Tanzania to develop a leading market position in the Tanzanian private insurance market, accounting for around 20% of non-government gross premiums in 2005.

Headquarters
4th Floor, Bains Avenue, Masaki Ikon, Msasani Peninsular, PO Box 7390
Dar es Salaam; Dar es Salaam;

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Website: http://www.heritageinsurance.co.tz/

Basic Information
Outstanding Shares:
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Incorporation Date:
1998
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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60%
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40%
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