Financial Services


Established in 1975, Botswana Insurance Company (‘BIC’) is the largest short-term insurer in Botswana with a market share of 23%. The company’s strong competitive positioning is largely due to strong brand recognition and well-entrenched relationships with its clients. BIC’s business has three key lines; Personal Insurance, Commercial Insurance and Specialised Insurance.

GrandRe is a top performing player in the reinsurance business in Zimbabwe. The company benefits from strong relationships with well recognized insurers in the Zimbabwe market.

Zimnat General Insurance was established in 1946 and one of the largest general insurers in the country. It provides general insurance products which include motor, home, commercial property agriculture and construction among others.

The assurance business was formed in 1959. The business’s offering covers life assurance, retirement planning, funeral cover, cash back solutions, group mortgage and loan protection and employee benefits solutions.

Zimnat Asset Management (ZAM)offers investment management and advisory services to corporates, pension funds and individuals.

Zimnat’s fast-growing microfinance solution provides transparent, honest and fair financing solutions to individuals and companies.