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Marsh Botswana (Pty) Ltd

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Marsh Botswana (Pty) Ltd

Overview:

Our Country

Botswana (formerly Bechuanaland) has been independent since 30 September 1966. A recent census estimates the population as 2 million. Diamonds were discovered in 1967 and are the primary source of revenue for Botswana. Botswana is the world's largest producer of diamonds in terms of value. Other areas of significance in terms of national revenue are the beef industry and tourism.

The country is internationally regarded as one of the most politically stable on the African continent.
Our Client Mix

We have a broad diversity of Clients ranging from Corporate entities to large and medium Commercial concerns. We have a strong book of Construction business and we also have several of the large hotel chains to whom we consult. We have a department dedicated to Small Business and Personal Lines and we have a vibrant book of Aviation clients.
Our Strengths

In Botswana, we are acknowledged as one of the pre-eminent Risk Transfer brokers. We have a dedicated team of 34 personnel, who are well versed and experienced in Insurance practice. The value of our brand is a key component in our successes.
Our Markets

The following are represented locally – Botswana Insurance Company, Hollard Insurance Company, Mutual & Federal Insurance Company, Regent Insurance Company and Zurich Insurance Company, Metropolitan Life, Botswana Life Insurance Limited, Regent Life, Hollard Life , Liberty Life, Barclays Life. In terms of intermediaries, we understand that there are currently 48 licenses.
Our Regulators

The Insurance Industry is regulated by the Non-Banking Financial Institutions Regulatory Authority (NBFIRA). There is considerable ongoing debate presently between NBFIRA and the Industry over issues such as reinsurance and external placements generally.

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