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:
Yogesh M. Manek
Chairman - Tanzanian
Nanalal L. Chohan
Director - Tanzanian
Peter Gethi
Director - Kenyan
Godfrey Kioi
Director - Kenyan
Mike L. Du Toit
Director - South African
Juma V. Mwapachu
Director - Tanzanian
Geetha Sivakumar
Alternate to Nanalal L. Chohan - Tanzanian
Shanmugarajan Natarajan
Chief Executive Officer
Thecla Magashi
Chief Financial Officer
Evan Elisafisha
Information Communication Technology
Joseph Mardai
Sales & Marketing
Gemma Moshy
Company Secretary & Legal Officer
Bhavnish Rathod
Claims
Victoria Israel
Human Resource & Administration