From traditional reinsurance, comprehensive services and consulting to complex risk solutions and special fields such as marine and aviation, we are the perfect reinsurance partner.

We always acknowledge that our clients are unique, so are the risks they are exposed, that is why we all tailor make our products to adequately cover each client’s risk. The world is dynamic, new and complex challenges and risks are emerging every day. Companies increasingly need a strong partner to help reduce their risks, cover them against losses and safeguard their financial security.

We offer the following services: Product Development and Pricing, Data Analytics, Experience investigations, Actuarial Valuations, Financial Modelling and Implementation of ERM.

The Heritage Insurance Company Tanzania Limited is a subsidiary of The Heritage Insurance Company, Kenya which is part of Liberty Kenya Holdings, a company owned by Liberty South Africa. Standard Bank Group, one of the largest financial service group in Africa has 100% ownership of Liberty South Africa.

MAC Group Limited, is Heritage’s Tanzania local partner with a shareholding of 40%.

Since 1998, Heritage Insurance has become the private insurance company in Tanzania with net assets exceeding Tshs 15.5 Billion. Heritage has focused on corporate and retail business, insuring non-life risks and has a fully qualified technical team to advice on complete risk management services.

It has an extensive products range including but not limited to Fire, Motor, Marine, Engineering, Aviation, Public Liability, Directors and Officers Liability. The company has, at all times maintained a solvency margin surplus with safety margin level of above the prudential requirement of 50%.

Heritage has a diversified list of A rated reinsurance partners to support a range of individual and corporate business regardless how large or complex they are. It is also among the leading Insurance Company in Tanzania in Premium Income & Assets with an AA+ Rating from Global Credit Rating Company for Claims Paying Ability.

Heritage embraces good corporate governance and utilizes Delloite, KPMG & PWC, and Kenbright Actuaries among other as independent company’s auditors and advisors.

Alliance Insurance Corporation, an associate of Mac Group, is one of the most dynamic insurance companies setting benchmarks in the Insurance sector of Tanzania and Uganda. Whether it is corporate governance and transparency or taking a leadership stance in promoting the insurance sector into the hinterlands of the country; Alliance Insurance is proud to be leading from the front and is among the top companies in the insurance sector in Tanzania in terms of various parameters under which insurance companies are rated and ranked such as premium income, financial strength & claims paying ability. 

Our performance over the years speaks of our ability to perform in a tough and a demanding market.

Alliance started as a composite Company in 1998 before hiving off its Life Insurance division as a separate Company to meet regulatory requirements. Thus Alliance Insurance Corporation is the holding company with Alliance Life as its subsidiary. As a general insurance company, Alliance Insurance caters to all strata of the society, from the lower socio-economic groups to small, medium and large businesses including higher end sectors like Aviation and Marine.

Targeted at households, business houses, motor vehicle owners, hauliers, banks and others, the product portfolio of Alliance is always aiming at addressing the needs of the people and businesses and constantly catering to the market needs with introduction of newer and easier value added products and services.

Alliance Life Assurance Ltd is one of the leading insurance and financial services companies  in East Africa, with their  headquarters in Dar es Salaam, Tanzania. Alliance Life Assurance Limited is a 100% Tanzanian owned Company. The company has a reputation of prompt claims settlement, innovation, flexibility and providing memorable service to clients and others stakeholders.

Their origins can be traced back to 18 years ago. The Company was formed in 2010 after the Insurance Law was changed requiring composite insurance companies to separate.  Before 2010, Alliance Life operated under the parent Company,  Alliance Insurance Corporation Limited, one of the leading insurance companies in East Africa.