Niko Insurance (Tanzania) Limited

Niko Insurance (Tanzania) Limited

NIKO Insurance (Tanzania) Limited was launched on 14th July 2005 following the acquisition of about 67% shareholding of Imperial Insurance Company Limited.

NIKO Insurance (Tanzania) Limited operates as part of NICO Holdings Limited ,a multi-national group whose main business is insurance and banking, thereby combining operations with a series of synergistic networking partnerships while maintaining a strong customer focus.

The shareholders of NICO Holdings Limited are as follows:
AFRICAP, Houston, Texas, USA
International Finance Corporation, (IFC) Washington DC, USA.
Santam Limited, Cape Town, RSA
Millennium Holdings Ltd. (Malawi)
Millennium Investment Limited (Malawi)
The General Public (Malawi & Foreign)

NICO Employees Share Ownership Trust (Malawi & Foreign)

With these reputable shareholders, a strong balance sheet, and a wide alliance network, NICO is a well-known and respected brand in the COMESA and SADC regions. NICO Brand is growing its footprint as a major regional player. (

NIKO Insurance (Tanzania) Limited deals exclusively in short term insurance covers otherwise termed general insurance. Our product profile provides both personal and commercial insurance covers. Our business purpose is to help our customers in Tanzania protect themselves from insurable risks that they face in their commercial activities and daily lives. We strive to build reliable and secure relationships through our operations, underwriting through to claims settlement. The security and peace of mind of our clientele is our utmost priority.
NIKO Tanzania attracts clients and intermediaries who are prepared to nurture long-term partnership with the company, to ensure long lasting security and peace of mind.

We are a corporate preferred insurer on the Tanzania short-term insurance market through secure satisfactory relationships. We ensure that our core corporate values are upheld at all times to the benefit of all our stakeholders.

In addition to our unrivalled technical and financial capacity to underwrite large risks in Tanzania, we have the support of highly rated re-insurers complementing our ability to underwrite world-class covers.

NICO Insurance Tanzania board of directors.

Product and Services of Niko Insurance (Tanzania) Limited

  • Business Products.
  • Personal Products.

Contact of Niko Insurance (Tanzania) Limited

Head Office
PPF House 6th floor
Morogoro Road/Samora Avenue
P.O Box 21228
Dar es Salaam,
Tel:+255 22 2120188
Fax:+255 22 2120193
Email :
Website :


Mwanza Branch
NSSF Building Floor No. 5, Wing A
Box 2476
Tel : +255-28-2505088/89/90
Fax . +255-28-2505091