Heritage Insurance

Since 1998, Heritage Insurance has become the largest private insurance company in Tanzania with after tax profits of Tshs 1.521 billion, net assets exceeding Tshs 14.2 billion and a AA- rating by Global Credit Rating Company for claims paying ability.

Historically Heritage has focused on corporate business, insuring non-life corporate risk and has a fully qualified technical team to advise on Complete Risk Management Services.

Going forward we intend to enter growth markets in the retail sector with exciting new products and distribution channels.

Heritage Insurance is a subsidiary of The Heritage Insurance Company, Kenya whose roots can be traced back to 1908. Through Liberty Kenya Holdings' investment in East Africa, Heritage Tanzania is also a member of the Standard Bank Group, the largest financial services group in Africa. (Liberty Kenya Holdings Limited is also the holding company of Heritage and CfC Life Assurance Ltd in Kenya and a group associate of Stanbic Investment Management Services (EA) Ltd in Kenya and Uganda.)

MAC Group Limited, is Heritage's Tanzania local partner with a share holding of 40%.


Heritage's achievements can be attributed to prudent and professional management, financial strength, sustained support from its business partners and it is the first choice of most leading business houses in Tanzania including:

  • Barrick Gold
  • Geita Gold
  • Tanzania Breweries Limited
  • Vodacom
  • Tanzania Ports Authority
  • And 2,800+ clients

Vision, Mission & Values

  • 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 is to maintain a viable and sustainable risk transfer enterprise that maximises returns for key stakeholder groups - our shareholders, business partners and staff.

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

Company Directors

Yogesh M. Manek
Chairman - Tanzanian

Ravi Singh
Director - South African

Peter Gethi
Director - Kenyan

Godfrey Kioi
Director - Kenyan

Mike L. Du Toit
Director - South African

Juma V. Mwapachu
Director - Tanzanian

Geetha Sivakumar
Director - Indian


Manasseh Kawoloka
Chief Executive Officer

Gilliard Mardai
Chief Operations Officer

Thecla Magashi
Chief Financial Officer

Victoria Israel
Human Resource & Administration

Joseph Mardal
Assistant General Manager - Underwriting

Evan Elisafisha
Information Communication Technology

Rosalia Minja
Claims Manager

Gemma Moshy
Company Secretary & Legal Officer

Hetal Mandania
Risk & Compliance

Sarfraaz Kassam
Assistant General Manager - Marketing