Insurance in Botswana

Alpha Direct Insurance Co

Alpha Direct is a risk carrying InsureTech building innovative solutions based on customer needs. Our focus is on using technology and data analytics to deliver compelling insurance products. Give us a call today for a FREE quote.

51 to 200 staff

Babereki Insurance Brokers

Babereki Insurance Brokers (Pty) Ltd is an insurance broking and risk management services company that is incorporated in the Republic of Botswana and is located at Plot 54374 Block D Grand Union Building, CBD Gaborone. The company was founded on the fundamental principle of providing value for money to Botswana Public Employees Union (BOPEU) membership and non-members. The company provides a complete array of services ranging from long term to short term insurance covers; • Long term products: Group funeral benefits, Credit Life, Group Funeral Assurance • Short term products: Motor Insurance | Office Contents | House Owners | House Contents | Workers Compensation | Agriculture Insurance | Business Insurance and Legal Insurance Babereki Insurance Brokers prides itself in being an Insurance brokering company which provides insurance products under one roof for the general populace at very affordable rates.

51 to 200 staff

Bryte Risk Services Botswana

Bryte Risk Services Botswana is the premier, proactive personal and commercial risk specialist in the country. Applying our unparalleled sector insights, proven expertise, and foresight, we partner with customers and brokers to protect their personal assets and businesses and improve their risk profile across the continent.

11 to 50 staff

Fsg Limited Botswana

FSG Limited is the leading funeral services provider and the biggest in Botswana. The company operates both Lyn's and Kagiso Funeral Parlours

201 to 500 staff

Hollard Insurance Botswana

We are Hollard Insurance Botswana, a pioneering insurance company committed to revolutionizing the insurance landscape in Botswana. Hollard’s purpose is to enable more people to create and secure a better future. By achieving exceptional, sustainable, and inclusive growth; by partnering to deliver the win-win-win; by treating everyone with care and dignity; by courageously pursuing a better way; and by acting as a catalyst for positive and enduring change. We are striving to Enable Better Futures through our Innovative, inclusive products and unwavering commitment to excellence. Embark on this transformative journey with us as we pave the way for a better tomorrow, shaping the future one insurance policy at a time. Join our team and be part of a dynamic organization that is redefining the standards of insurance in Botswana. Together, let's create a legacy of innovation, integrity, and positive impact.

51 to 200 staff

Liberty Life Botswana

Liberty Life Botswana was established in 2008 and is a specialist life insurance company which focuses on providing group based and individual risk insurance products for death, disability, critical illness and other life changing events. We make a difference in people’s lives by making their financial freedom possible. As Liberty Life Botswana, we see it as our responsibility to empower our clients; individuals, small businesses and large corporate institutions in offering the best suitable risk benefit solutions for their staff or members. Our business model is based on creating products that offer our clients financial freedom and peace of mind during unforeseen circumstances as well as forming strong partnerships. We have experience in creating solutions that work for and benefit our existing partners. We work together with them to understand their needs, and the needs of their customers to be able to design appropriate solutions. Liberty Life Botswana is a subsidiary of Liberty Holdings, founded in 1957 by Sir Donald Gordon with the belief that everyone should have the opportunity to grow their wealth and leave a proud legacy for their family. Liberty has grown into an organisation with assets under management of R566 billion, more than 2,5 million clients and properties that cover 1,1 million square kilometres. With a presence in 15 African countries, Liberty has grown from being a South African life insurer to a Pan-African financial services company, offering asset management, investments, insurance and health products.

51 to 200 staff

Metropolitan Life Of Botswana Limited

Metropolitan Life is an NBFIRA licensed life authorised financial services provider. With a legacy of over 20 years, Metropolitan has been serving and empowering Botswana communities with accessible financial solutions through the best and most challenging times. As one of the largest financial services companies in Botswana, our legacy is centred on providing client-centric solutions. We have a long standing commitment to treating our clients. We believe that financial literacy, paired with expert advice, enables you to make good decisions about your money. To help you achieve this, we have 4 service centres in Gaborone, Francistown, Maun and Selebi Phikwe.

201 to 500 staff

Old Mutual Botswana

ABOUT OLD MUTUAL BOTSWANA Old Mutual Botswana is a member of the Old Mutual Group. We offer a wide range of short-term and group life insurance products in Botswana with branches in Gaborone and Francistown. Our products provide insurance services to personal, commercial and corporate clients. Whatever you need to insure, from your business to your home, we’ll tailor an insurance package to suit your needs – and your pocket. Our team of experts are ready to offer professional advice and assistance and to ensure that your claims get the full attention they deserve.

201 to 500 staff

Beci

ABOUT US The formation of BECI Founded in 1996, BECI is the only credit insurer in Botswana, and is a private company – wholly owned by Botswana Development Corporation (BDC). BECI’s primary function is to develop and equip businesses with Trade Credit Insurance policies to protect them from the danger of non-payment by credit customers. In addition, the company now offers a selection of business growth tools, such as Invoice Discounting, Debt Collection and Construction Bonds and Guarantees. VISION, MISSION AND CORE VALUES Our Vision To be a reputable insurer supporting economic growth Our Mission To provide innovative Trade Credit Insurance, Bonds, Guarantees and other insurance solutions for the benefit of our key stakeholders. Our Core Values Integrity: We will remain consistent in our actions and methods by adhering to strict professional, moral and ethical practices. Customer-Centric: We will remain continuously strive to exceed client expectations. Teamwork: Together we are committed to the delivery of sterling results. Continuous Learning: We will remain continuously strive to exceed client expectations.

11 to 50 staff

Chartered Insurance Brokers

ABOUT CIB Chartered Insurance Brokers is the insurance broker of choice for long term, short-term, fund, risk and assets management. Our vision is to be a service provider that upholds high ethical standards, excellent customer service and innovative products. Our mission is to become a trusted insurance broker throughout Botswana, by being a customer-centric firm, that provides comprehensive and high quality services to its clientele, creating services that have market relevance and forming strong partnerships with all stakeholders Chartered Insurance Broker is a competitive brokerage within the local insurance market offering shorter and long term coverage’s. The company prides itself in customer tailored products that best serve their clients. CIB is resourced with motivated and creative personnel who design value added insurance products and policies both in the short and long term divisions; to cater for clients’ needs. We have built a service culture that revolves around listening attentively to our customer in order to weed out their needs versus their desires. SCOPE OF SERVICES Chartered Insurance Brokers offers both Long term and Short term insurance services to a wide range of clients, from individuals to institutions around the country at large. Our services include, but are not limited to, the following: • Commercial Insurance • Personal insurance (Motor and Household) • Funeral scheme • Credit Life We provide the following services: • Structuring and negotiating on behalf of our clients • Manage policies, renewal processes, as well as seek competitive quotations from the market and advice on the various options available. • Speedy resolution of claim • Claims management and settlement process • Risk management techniques and advice

11 to 50 staff

Finsef

At FinSef, we’re not just insurance brokers—we’re your partners in risk management and financial protection. From corporate cover to specialist solutions, our team is committed to helping businesses across Botswana and beyond stay secure, compliant, and confident. Let’s talk about how we can support your business goals.

11 to 50 staff

Botswana Insurance Company

Botswana Insurance Company (BIC) was incorporated in Botswana on the 12th august 1975. BIC continues to affirm its footing as a formidable leader in Botswana’s competitive short-term insurance industry. The revolutionary streak continues with commitment to service excellence whilst retaining the core values that have positioned us as the leader in the Botswana insurance industry.

51 to 200 staff

First Heritage Insurance Brokers

At First Heritage we understand the risks that clients face in their day-to-day activities; this is at the heart of our work.

11 to 50 staff

Kgare Insurance Brokers

Kgare Insurance Brokers (KGARE) is a fully-fledged insurance broking company regulated and licensed by NBFIRA. The business represents all insurers in Botswana and various offshore principals. KGARE's main business thrust is on provision of Insurance Broking Services on Short Term Insurance, Group Business and Risk Management.

11 to 50 staff

Phoenix Of Botswana Assurance Company Pty Ltd

Phoenix Assurance Group is one of the dynamic financial power house operating short term insurance companies in Africa. The Group is also involved in Microfinance in select countries. Phoenix Assurance Group’s origins can be traced back to 1912 when the first Phoenix Assurance operations started in Kenya. It was on 10 October 1912 that the first insurance policy was issued by the Company. The operations were later bought out by Transworld Investments Limited in 1992.

201 to 500 staff

Western National Insurance

Western National is a niche Commercial Insurer specializing in providing total insurance solutions in the medium sized commercial and agricultural market. We are an intermediated business providing superior service to brokers through out our entire business. Highly skilled staff, flexibility, quality products and exceptional claim services ensure our intermediaries are able to provide their clients with the best solutions available in the market.

51 to 200 staff

Westsure Insurance Botswana

Short term insurance company operating in Botswana with branches in Gaborone & Francistown.

11 to 50 staff

Dynamic Insurance Brokers

Customer-focused insurance & risk management solutions

11 to 50 staff

Legal Guard

Legal Guard was established in 2004 as a legal expense insurance company. Its core mandate is to sell and administer affordable and appropriate legal expense Insurance products and services that are easily accessible to all Batswana. Legal Guard has since inception resolved many legal matters. Legal Guard offers a vast variety of legal services, covering; Civil and criminal matters; Contracts; Wills; Roadside assistance; Accidently death cover and Medical cover. Legal Guard started under Letshego Financial Services trading as Letshego Guard. In 2010, Legal Guard was acquired by Botswana Insurance Holdings Limited (BIHL) Group and is presently underwritten by BIHL. In August 2010, Legal Guard further increased it product offering with the introduction of Elite Guard, and Mmueledi Guard. Extra benefits such as Roadside assistance, Accidental death cover and Medical cover were also extended to clients and customers across the country. Legal Guard commemorated its 10th anniversary in March 2014, marking a decade since first opening its doors to Batswana. The company was incorporated on 10th March 2004 as a legal expense insurance company. Each year, a team of qualified lawyers assists over people in managing their legal matters. Over the past decade, the operation has amassed up to customers. Legal Guard has been the ‘key’ to Botswana’s legal insurance landscape for the last 10 years, and it has been a very exciting journey. Legal Guard has since developed into a mature and profitable operation which will continue to make a positive impact in the lives of its clients and customers across Botswana. We are excited to celebrate this incredible milestone with all our valued stakeholders; our customers, legal services partners and staff. We are who we are because of you.

51 to 200 staff

Mercantile Insurance Brokers

Mercantile Insurance Brokers is a leading insurance broking firm and risk consultancy firm with operations in Gaborone and Francistown spanning over a period of 15 years.

51 to 200 staff

P&c Reinsurance

P&C Reinsurance Company Is incorporated in Botswana and was licensed in 2022 by NBFIRA. The Company commenced operations in July 2022 and underwrites short-term reinsurance business in Botswana and from the rest of Africa. The company is wholly owned by ZB Holdings, which is a diversified financial conglomerate. P&C Reinsurance offers a full line of reinsurance products and services designed to meet the unique coverage and competitive capacities in the Facultative and Treaty businesses in the domestic and international markets.

201 to 500 staff

Parametric Risk

Centre for Creation of Value from Risk Parametric is a socially focused private risk firm created with specialised focus on reducing cost of risk for both public and private companies grappling with cost of managing their risks. The company achieves this through its approach of balancing between cost of risk, risk retention and transfer. Through its global expertise, Parametric is able to assist any organization in assessing their risk exposures, and develop, negotiate and implement cost-effective solutions to manage those risks. We uniquely align our interests with those of our clients to develop customized risk solutions specifically designed to broaden the client’s scope of protection, while minimizing their total cost of risk. We assist businesses see opportunities, create value and maximize performance by reducing their cost of risk.

1 to 10 staff

Pristine Risk Group

Pristine Risk Services is a financial service provider incorporated in Botswana in the year 2020

11 to 50 staff

Serala Risk Solutions Proprietary Limited

Serala Risk Solutions (Proprietary) Limited (”Serala Risks”) is a consulting services company. The aim of the company is to expertise and industry knowledge to (re)insurance companies operating across Sub Saharan Africa. Serala risks offers rating consulting services, market intelligence, training and access to insurance industry data through our subscription based portal.

201 to 500 staff

Sunshine Insurance Company

Sunshine Insurance Company of Botswana (Pty) Ltd.

11 to 50 staff

Botswana Life

Formed in 1975, Botswana Life Insurance Limited (BLIL) has a proud 45+ year history as Botswana’s oldest and only home-grown life insurer. Our estimated market share of over 69% has been built over time through hard work, resilience and a keen interest in sustainability. The Company is currently managing a file size of over policies and an Annual Recurring Premium of P1.6 billion. We are proud of the contributions towards employment creation, currently employing over 697 direct agents, 353 sub-agents (employed by brokers) and 342 employees. With over 11,658 people receiving their monthly pensions from Botswana Life, the Company is definitely amongst the largest, if not the leading payer, of occupational pension benefits in Botswana.

201 to 500 staff

Minet Botswana Holdings

Minet is a trusted pan-African advisor that meets the uncertainties of tomorrow by delivering risk and human capital solutions today.

51 to 200 staff

Complete Insurance Brokers

Adviser on matters of insurance and arranger of insurance cover with an insurer on behalf of clients

11 to 50 staff

Insurance Institute Of Botswana

The Insurance Institute of Botswana is a non-profit organization registered in Botswana in February 2016 with the aim to: Provide and maintain a central organization for members of the Institute Encourage the advancement of insurance education and knowledge and generally to promote any scheme which may raise the standard of the insurance profession in the Republic of Botswana Facilitate the development of strategic policy for the insurance industry Educate members and enhance their knowledge in Insurance and related areas Bridge the gap between the local industry and the international industry practices Endorse insurance courses locally Generally to promote the interests of the members

1 to 10 staff

Saha Reinsurance Pty Limited

Saha Re is a forward-thinking reinsurer dedicated to providing innovative reinsurance solutions tailored to the evolving insurance landscape. With a strong foundation built on reliability and expertise, we have emerged as a steadfast ally for all our partners: insurers, brokers, reinsurers among others. In a world marked by growing uncertainty, Saha Re leads in reinsurance innovation, employing advanced data analytics, predictive modeling, and risk assessment tools to empower clients with actionable insights. Our portfolio offering reflects our commitment to addressing emerging risks and market dynamics. Financial stability is our hallmark, assuring clients that we can meet our commitments, even in challenging times. We prioritize building enduring relationships and collaborating closely with clients to foster partnerships beyond transactions. In a world fraught with risk, Saha Re is your beacon of trustworthiness and resilience. We empower our partners to thrive in an ever-changing environment, serving as their unwavering risk management partner.

11 to 50 staff

Southern Summit Reinsurance Advisors

Reinsurance Broking

1 to 10 staff

Aga Sure

Aga Sure is revolutionizing the insurance industry by providing cost-effective, tailor made solutions to small businesses and individuals operating in both formal and informal sectors. Leveraging artificial intelligence, Aga Sure extends its services to even low or no-internet regions, ensuring accessibility for all. With a wide range of customized products, including hospital coverage and cyber security protection, Aga Sure is paving the way for a connected and resilient future.

11 to 50 staff

Botswana Life Insurance Pty Ltd

Botswana Life Insurance is the leading insurance company in Botswana with current market share of 80%. It is a 100% subsidiary of Botswana Insurance Holdings, which is listed in the Botswana Stock Exchange. Botswana life provides insurance products for individual as well as corporate clients.

201 to 500 staff

Active Drive Capital Insurance Pty Ltd

Active Drive Capital Insurance is a newly established and innovative general insurance company committed to providing comprehensive and tailored insurance solutions to individuals, families, and businesses. Our mission is to offer peace of mind and financial security through a range of insurance products that effectively mitigate risks and safeguard our customers assets. With a customer-centric approach and cutting-edge technology. Active Drive Capital Insurance aims to redefine the insurance industry by making insurance accessible, transparent, and hassle-free.

11 to 50 staff

Axion Life

Axion Life is a trusted provider of accessible and thoughtfully crafted life insurance solutions, designed to meet the unique needs of families, individuals, and organizations across Botswana. Mission : To transform the insurance experience by providing accessible, efficient, and trustworthy coverage that individuals, families, and organizations can truly rely on. We are dedicated to understanding and responding to our clients’ evolving needs, ensuring fast, compassionate payouts and unwavering support when it matters most.

11 to 50 staff

Metropolitan Life Botswana Limited

51 to 200 staff

Phoenix Of Botswana Assurance Company

Phoenix Assurance of Botswana is a part of Phoenix Assurance group. We have one of the largest underwriting capacities in Botswana and pride ourselves in our ability to customize insurance just the way you want it for premium prices that are hard to beat.

51 to 200 staff

Westlife Insurance Botswana

WestLife Insurance Botswana (Pty) Ltd is a long-term insurance company that operates under the regulation of NBFIRA. Established in July 2017 in Botswana, we provide long-term insurance through a network of carefully selected Brokers and Partners.

11 to 50 staff

Mayfair Insurance Botswana

Mayfair Insurance Botswana (Pty) Ltd, licensed by NBFIRA in April 2025, began operations on 1 June 2025. Backed by 20+ years of Mayfair Kenya’s success, we serve clients through top brokers and agents, putting customer needs at the heart of our services.

1 to 10 staff

Nexus Risk Adjusters

Nexus Risk Adjusters is a premier provider of comprehensive risk management and loss adjusting services, specializing in delivering tailored solutions to meet the evolving needs of the insurance industry. With a commitment to excellence and a focus on innovation, Nexus Risk Adjusters is dedicated to supporting businesses and individuals in safeguarding their assets and navigating complex challenges.

1 to 10 staff

Malsure Insurance Brokers

About Us Malsure Insurance is an insurance provider committed to offering tailored insurance solutions for individuals and businesses. We specialize in providing comprehensive coverage, expert advice, and exceptional customer service to ensure our clients have peace of mind. Our Mission We strive to protect what matters most to our clients by delivering reliable and customized insurance solutions. Our goal is to simplify the insurance process, making it accessible, transparent, and stress-free.

1 to 10 staff