Botswana Insurance Company

Botswana Insurance Company Limited (BIC) was incorporated on the 12th August 1975 making it the oldest short term insurance company in Bostwana. However, when it commenced business it transacted in both general insurance and life assurance. To comply with The Botswana Insurance Act of 1987, it was renamed Botswana General Insurance Limited in 1991 and focused purely on short term insurance.

Zimnat Lion Insurance was awarded the management contract, providing the technical expertise, strategy and management to BIC. TA has a 62.5% shareholding in BIC.

Following this tremendous development, BIC aspires to be the insurer of first choice in the market it operates in and to also provide services that surpass the expectations of its clientele.

The company has two branches located in Gaborone and Francistown. The former, which is situated at the head office at the Fairgrounds, caters for the region south of Mahalapye and the latter, which is situated on St. Patricks Street, caters for the northern part of the country.

Board of Directors

Botswana Insurance Company's Board of Directors consists of:

  • Mutasa, SS - Chairman
  • Nganunu, D - Managing Director
  • Maphanyane, EM - Non-Executive Director
  • Khupe, L - Non-Executive Director
  • Kupe, G - Non-Executive Director
  • Nyajeka, BP - Non-Executive Director
  • Shah M - Non-Executive Director
  • Sainsbury G - Non-Executive Director

Postal Address:

P. O Box 715
Gaborone

P.O. Box 451
Francistown

Physical Address:

Botswana Insurance House
Plot 50372
Gaborone Bus Park

Gaborone Showgrounds
Gaborone
Botswana

Botswana Insurance House
5 St Patric Street
Francistown
Botswana

Telephone numbers:

+267 3600500 (Gaborone)
+27 397 2867 (Gaborone)
+267 241 3623 (Francistown)
+27 241 2291 (Francistown)

E-mail: enquiries@bic.co.bw

Web Page: http://www.bic.co.bw