Milembe Insurance
History:
It all started in January 1999. The Tanzanian insurance industry was liberalized and we decided to enter the market as insurance brokers. For 10 years, we have been known as Milembe Insurance Consultants Limited: a company that brokers deals and facilitates transactions on behalf of insurance companies. During this time, we have noticed a significant increase in the number of insurance companies. We also noted that the insurance industry was thriving as the country enjoyed annual economic growth rates of 6% and significant investments in vital development sectors.
Realizing that there was an exciting opportunity for expansion, we decided to transform ourselves into Milembe Insurance Company Limited: a fully qualified insurance company providing general insurance products in Tanzania. Since July 2009, we have been providing our clients with unique insurance solutions to deal with their vast risks and opportunities.
Our goal is to become the leading provider of premium insurance services. We believe that our partnerships with top-tier reinsurers and our presence throughout Tanzania, will help us along our way. However, we know that our success will ultimately be determined by our relationship with you: the customer.
Bond Products: Milembe Insurance
advance payment bonds
If a contractor or supplier retracts a condition relating to the use of funds, the prepayment insurance will reimburse you for a fixed amount.
try bond
The bidding process is fraught with uncertainty. Bid insurance will reimburse you for a fixed amount when unforeseen events occur.
customs bonds
When you fail to pay taxes, you will not fail to receive fines. Customs pledge insurance protects you from having to pay penalties in the event of a default.
final insurance
Do you worry about the poor performance of the contractor or supplier? Reduce anxiety by insuring yourself with performance insurance.
All business risks
Why cut corners when you can cover your business risks with all-risk insurance?
burglary
Insure yourself against losses from burglaries. Whether it’s a violent or nonviolent burglary, we’ll cover your business.
Business interruption
Was work slowing down? Flip it over with business interruption insurance. This product will support your operations during testing times.
Fidelity Guarantee
Employees can make or break your business. Use fiduciary insurance to cover your losses when employees act duplicitously.
shooting
Fires can do serious damage to your business, leave property destroyed and people weakened. Make sure your losses are covered by fire insurance.
Fire and associated dangers
There are many natural hazards that can harm your business. Fire and allied perils insurance gives you comprehensive coverage in tough times.
goods in transit
Goods may be damaged or lost in transit. Ensure that your business does not pay for these disruptions by obtaining cargo insurance in transit.
legal responsibility
Like all businesses, you are subject to obligations. We offer general liability, product and employer insurance to protect your interests.
breakdown machines
Most businesses rely on machines. Don’t let operations stop by a meltdown when you can get machinery failure insurance.
Money
The more money, the greater the loss. Money insurance will cover your losses when burglaries occur during and after business hours.
engine
Driving can be dangerous. It can also be fatal. We will cover your losses when your vehicle is damaged or a third party claim is submitted.
personal incident
Our Personal Accident Insurance product is a plan of care that helps your employees recover from disability events, such as bodily injury.
plate glass
Pane glass insurance will cover your losses when building glass is damaged in exceptional circumstances.
professional compensation
If you are in the counseling business, we recommend that you get professional indemnity insurance. We’ll cover any bad advice you give.
burglary
Insure yourself against losses from burglaries. Whether it’s a violent or nonviolent burglary, we’ll cover your home.
local package
Burglaries and floods are some of the dangers to your home. Domestic package insurance will cover losses arising from such events.
electronic equipment
Worried about your favorite device being destroyed by unexpected electric currents? Do not panic. Protect it with electronic equipment insurance.
shooting
Lightning and fire can cause serious damage to your home. Make sure your losses are covered by fire insurance.
Fire and associated dangers
There are many natural hazards that can wreck your home. Fire and allied perils insurance gives you comprehensive coverage in tough times.
breakdown machines
Machines are like boards: they can break. Protect yourself from unexpected losses caused by machinery failures.
engine
Driving can be dangerous. It can also be fatal. We will cover your losses when your vehicle is damaged or a third party claim is submitted.
personal incident
If you are concerned about temporary or permanent disability due to injury or death, personal accident insurance will help protect your interests.
plate glass
Panel glass insurance will cover your losses if your home glass is damaged under exceptional circumstances.
travel
travelling abroad? Travel safely with travel insurance. We’ll cover your lost possessions and unexpected medical expenses during your trip.