Phoenix of Tanzania Assurance Co. Ltd

Phoenix of Tanzania Assurance Co. Ltd

Our existing presence and proposed presence in so many countries in Africa gives us leverage to negotiate better terms with the Re-insurers. This is not only beneficial for our group companies but also for the insurance markets where we operate as we bring in large capacities. We provide a whole gamut of general insurance products ranging from aviation to personal accident. We have excellent capacities and terms provided by our re insurers such as Swiss Re (which is ranked number 1 reinsurer in the world) , Hannover Re (ranked 6th in the world), GIC of India, Africa Re, and PTA Re. We have played significant role in revenue and employment generation in countries where we have operations. Our companies have also played vital role in bringing domain insurance knowledge into countries where we operate. All our group companies are held in high esteem by the regulators for our unblemished record of compliance with local laws and regulations.

 

Key Highlights

Customer is always our key focus when we are doing our business and caring for customer is our slogan. We have an excellent Management Team having vast experiences in the field of Insurance, Banking, Finance, Manufacturing and Real Estate with thirteen expatriates in key positions having lot of experience in insurance industry. Phoenix Assurance is one of the most highly capitalized companies in the market. You can rest assured when you are insured with us.Our’s is the only Company to offer the complete basket of insurance products including Aviation Insurance. We have the expertise to create tailor made product to suit the needs of the customers. We have strong Reinsurance tie ups with some of the best reinsurers in the world like Swiss Re, GIC Re, Hannover Re. African Re. We target to be the prominent General Insurance company by 2015.

 

The Visionary

Maheboob Alibhai – Studied business at Capillano College Vancouver, Canada. At the age of 56 he is director of Phoenix of East Africa Assurance Co Ltd and Chairman of Phoenix of Tanzania Assurance Co Ltd, Phoenix of Uganda Assurance Co Ltd, Phoenix of Rwanda Assurance SA and Phoenix of Zambia Assurance Co (2009) Ltd. The last four companies were green field projects initiated by Mr Maheboob Alibhai. He has now embarked on the process of setting up short term insurance companies in Malawi, Botswana and Zimbabwe and is also looking towards other countries of starting short term insurance operations. Apart from insurance, Mr Alibhai has vast experience in banking, trading, real estate and micro finance.

 

OUR STRENGTHS

The following table shows our experience in running successful insurance business in various countries:

  • PHOENIX OF EAST AFRICA ASSURANCE CO LTD – Since 1912
  • PHOENIX OF TANZANIA ASSURANCE CO LTD – Since 1999
  • PHOENIX OF UGANDA ASSURANCE CO LTD – Since 2003
  • PHOENIX OF RWANDA ASSURANCE SA – Since 2006
  • PHOENIX OF ZAMBIA ASSURANCE CO 2009 LTD – Since 2009.
  • PHOENIX OF BOTSWANA ASSURANCE CO PTY LTD – Since 2012

The pool of expertise and command in the insurance subject can be seen in the people who have made this group what it is today.

OUR MISSION STATEMENT

Be the prominent pan african general insurer of choice with values, integrity, reliability and to provide quality services that will contribute in the economic and social development of the country.

 

OUR VISION

To be established in 20 countries in africa by 2020 and to retain maximum premium.

 

OUR OBJECTIVE

To utilize our group synergies and strength to provide effective, efficient and affordable insurance services, enabling economic growth of the country. With continued expansion of the group in Africa our risk will be distributed widely and profitability enhanced. Phoenix to be recognized as a brand of trust in Africa.

Product and Services of Phoenix of Tanzania Assurance Co. Ltd

  • Specialized insurance.
  • Personal insurance.
  • Other Risk Management.
  • Business insurances.

Contact of Phoenix of Tanzania Assurance Co. Ltd

Phoenix of East Africa Assurance Company Limited

  • 17th Floor, AMBANK House, University Way,
  • P.O. Box 30129 – 00100, Nairobi, KENYA.
  • Telephone : +254732178 000
  • E-mail: info@phoenixkenya.com