Who are we

Our Story
Vision, Mission and Core Values
Reinsurers
Bank Assurance Partners

The Heritage Insurance Company Tanzania Limited “Heritage” is incorporated in Tanzania under the Companies Act, No. 12 of 2002 as a limited liability company. The Company was registered under the Insurance Act No. 18 of 1996 on June 18, 1998, as a general insurance company.

The Heritage Insurance Company Tanzania Limited is a subsidiary of The Heritage Insurance Kenya Limited which has 60% ownership. MAC Group is a local shareholder of the Company with the remaining 40% ownership. The ultimate parent company is The Standard Bank of South Africa Limited which owns Heritage Kenya through Liberty Kenya Holding.

Heritage stands as a prominent figure in the Tanzanian insurance landscape, providing comprehensive non-life insurance products that safeguard individuals, families, and businesses (both corporate and retail) against the uncertainties of life and has a fully qualified team to offer complete risk management services.

Heritage holds an AA rating from the Global Credit Rating Company (GRC) which reflects our steadfast financial strength, stability, and ability to fulfill our obligations to our clients with utmost integrity.

Our Vision

Our Vision is to be the obvious and preferred choice of risk partner for buyers, intermediaries and re-insurers, and the point of reference for the Tanzania Insurance Industry

Our Mission

Our mission is to maintain a viable and sustainable risk transfer enterprise that maximizes returns for all stakeholders.

Our Values

Achieving customer and supplier confidence based on honesty,professionalism,efficiency and technical competence

We have arranged very adequate reinsurance treaties to enable us to accommodate risks with high sums insured and to provide us with the necessary support in the event of large claims.

Our treaties are led by Aon Re being the main reinsurance broker and placed with a consortium of reputable Local and International reinsurance companies which are:

We have strategically expanded our bancassurance presence, forging robust partnerships with leading banks to offer a comprehensive suite of insurance products seamlessly integrated into the financial services ecosystem.