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About Sanlam Life Insurance

Sanlam Life Insurance is the leading life insurer in Tanzania with an A+ rating by Global Credit Rating Company (GCR).

Established in 2005 as the first specialist life insurer in Tanzania, Sanlam Life Insurance has grown to become the no.1 life insurer holding a 70% market share of corporate business and an overall 52% market share of life insurance business in Tanzania. We are also the leading insurer by profititability among all 28 insurance companies in Tanzania, and cover more than 3 000 000 lives. Our six branches service clients throughout the country, in Dar es Salaam, Mwanza, Arusha, Unguja (Zanzibar), Pemba and Mbeya

Board of Directors Management Team

Board of Directors

Ambassador Dr. Matern Y.C. Lumbanga

Ambassador Dr. Matern Y.C. Lumbanga

Chairman

Julius Magabe

Julius Magabe

Executive Director

Arnold Kilewo

Arnold Kilewo

Director

Cornelius Foord

Cornelius Foord

Director

Munir Bharwani

Munir Bharwani

Director

Nielius Bezuidenhout

Nielius Bezuidenhout

Director

Moses Mutuli

Moses Mutuli

Alternative Director

Fatima Badat

Fatima Badat

Alternative Director

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Management Team

Julius Magabe

Julius Magabe

Chief Executive Officer

Samwel Mika

Samwel Mika

Chief Finance Officer

Charles Mbaga

Charles Mbaga

Head of HR and Corporate Services

Nura Masood

Nura Masood

GM – Corporate Business

Tullo Mafuru

Tullo Mafuru

Head of Operations – Individual Life

Samuel Nyaki

Samuel Nyaki

Head of Sales and Distribution – Individual Life

Shameer Doshi

Shameer Doshi

Head of IT

Kyenekiki Kyando

Kyenekiki Kyando

Head of Actuarial Services

Krispinana Shirima

Krispinana Shirima

Head of Bancassurance

Steven Kimathi

Steven Kimathi

Risk and Compliance – Assistant Manager

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Annual Reports

2011 Annual Financial Report
2012 Annual Financial Report
2013 Annual Financial Report

Achievements and Awards

African Life Assurance (T) Ltd Wins NBAA Award 2012

African Life Assurance (T) Ltd wins NBAA Award 2012

African Life Assurance (Tanzania) Ltd again scooped the Best Presented Financial Statements award from the National Board of Accountants and Auditors Tanzania (NBAA) in 2013 holding second position.

This makes it the fourth year in a row that African Life Assurance (Tanzania) Ltd has won the Best Presented Financial Statements award in the Insurance Category presented by NBAA. The last two years African Life Assurance (Tanzania) Ltd held no 1 position.

African Life wins NBAA's Best Financial Statements awards 3 years in a row

African Life wins NBAA's Best Financial Statements Awards 3 years in a row

African Life was awarded the first prize by the National Board of Accountants and Auditors (NBAA) under the insurance category. The awards geared to recognise, encourage and promote best practices in the preparation of financial statements in the country.

This becomes the third year in a row for African Life Assurance Tanzania to be awarded by the NBAA. In 2009 African Life won third place in the insurance industry category moving on to win the first position in 2010 and maintaining the same position in 2011.

Winner of Cheetah Award from Sanlam

Winner of Cheetah Award from Sanlam

African Life Assurance (Tanzania) Ltd received the Cheetah Award from Sanlam Developing Markets for making a significant contribution to Sanlam during the first six months of 2008.

Expanding new markets requires the agility, skill and speed of a Cheetah. It’s about chasing the best opportunities.

Sanlam Life Insurance is a licensed financial service provider.
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