We have responded to the increasing demand for services in this area. The partners together with their support teams provide a complete rate of services to the local insurance industry.
In addition, the skills of the staff in mediation and negotiation has proven to be a success in determination of insurance disputes the Firm has been engaged to represent the interests of one of the Parties therein. To operate in Tanzania in this industry, there are Licences to be obtained which include Insurance licences and Broker licences. There are also minimum capital requirements. Insurance is regulated by Tanzania Insurance Regulatory Authority which is under the Ministry of Finance and Planning. The laws that govern Insurance industry in the country include the Insurance Act, 2009, The Insurance Regulations, 2013 and the Law of Contract Act.
Our areas of specialization in this industry include:
- Professional indemnity;
- Product liability;
- Fire, accident and general liability insurance;
- Reinsurance
- Policy drafting and underwriting advice;
- Claims and disputes.
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