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Our background

The National Insurance Corporation Tanzania Ltd was first incorporated on 16th October, 1963 with the Government ownership of fifty one percent (51%) while forty-nine per cent (49%) was shared by Munich-Re, Swiss-Re and Colin Hood Insurance Brokers Limited. After the Arusha Declaration in February 1967, NIC was nationalized and became 100% owned by the Government and was the only insurance company in the country for about 30 years.

In 1996 the insurance industry was liberalized by the Insurance Act No. 18 of 1996, opening entry of private investors in the insurance sector. The legislation was later repealed by the Insurance Act No.10 of 2009, which brought in regulation of the insurance sector, through the Tanzania Insurance Regulatory Authority. With our current increase premiums of 43% on digitization; service provision to our customer have been made more accessible, simplified and time sensitive.

50+ Years of experience
3,500+ Insurances issued
200+ Companies served
5,000+ Claims fullfilled

Our core values

Contact us with any of our insurance offerings and we'll sort you out. We'll be waiting to hear from you.

  • Team work

    We encourage new ideas and creativity in improving how we deliver our services. sharing knowledge, and skills and making our working environment conducive. trust, honesty and transparency.

  • Innovation

    We believe in working together to achieve our common goal through cooperating with each other, respecting each other’s views, sharing knowledge, and skills and making our working environment conducive. trust, honesty and transparency.

  • Customer first

    We are a customer centric organization. We believe in meeting our clients’ expectations and needs by offering quality services.

  • Integrity

    We will treat all our customers with compassion while maintaining high moral standards, professionalism, accountability, trust, honesty and transparency.

Our Vision

Is to be the most trusted and sustainable insurance service provider.

Our Commitment

NIC Insurance being the leading insurance service provider in Tanzania, is committed to provide assurance to customers against uncertainties, through its innovative products and agile approach. In its quest to enhance customer excellence and becoming the most sustainable insurance service provider within the country, the Corporation offers services that focus on putting the customer at the center of its business and commits to satisfying all legal requirements.

An Opening Statement
We are living in uncertain times. A time where having something of value today doesn’t guarantee having it tomorrow or in the later days and it can be worrying and frustrating. Having respected that, NIC invested in innovating innovative solutions that guarantee the security and safety of your assets (your life and the life of your loved ones included). With our commitment to serve our customers with excellence and due diligence; rest assured knowing your desirable quality of life is safe and secure.

Board of Directors

  • Mr. Justine Mwandu

    Board chairman

  • Kaimu Abdi Mkeyenge

    Board Secretary

  • Ms. Angelica Bethuel Tarimo

    Board Member

  • Mr. Morris Linus Linuma

    Board Member

  • Dr. Joseph Simon Kiria

    Board Member

  • Dr. Hawa Tundui Petro

    Board Member

  • Mr. Alex Solomon Ndossy

    Board Member

  • Ms. Joan Joseph Mbuya

    Board Member

Management team

  • Kaimu Abdi Mkeyenge

    Managing Director

  • Director of Legal Services

    Director of Legal Services

  • Mr. Hardbert Polepole

    Director of Life Assurance

  • Mr. Gasper Lyimo

    Head of Evaluation, Monitoring and Quality Assurance

  • Mr. Abdulkarim T. Kisuguru

    Director of Finance and Investments

  • Ms. Beatrice Nagunwa

    Director of General Insurance

  • Mr. Fredrick C. Maro

    Director of Internal Audit

  • Mr. Karimu Meshack

    Director of Marketing and Communication

  • Ms. Nasemba Mgonja

    Director of Human Resouces and Administration

  • Head of Procurement Management Unit

    Head of Procurement Management Unit

  • Mr. Iddi Kodema

    Head of ICT Unit

  • Ismail Mohamed Qwetso

    Head of Actuarial Services, Statistics and Risk Management