Our History

Botswana Life Insurance Limited (Botswana Life) is Botswana’s oldest and only home-grown life insurer. Established in 1975, Botswana Life has a proud 45-year history and is a subsidiary of the renowned Botswana Stock Exchange (BSE) listed Botswana Insurance Holdings Limited (BIHL) Group. As an icon in Botswana, Botswana Life has become synonymous with life insurance in the country and as a trusted partner to Batswana.

At Botswana Life, we provide financial solutions that make a positive difference in the lives of our customers and employees. We are committed to creating a world where everyone is financially secure and can Walk Tall in confidence that we have them covered. Botswana Life provides long-term insurance solutions for individuals and groups, such as life insurance, funeral policies, retirement annuities and investment policies.  

Botswana Life estimated market share of over 66% 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 297,000 policies and has an Annual Recurring Premium of P1.4 billion. Botswana Life is proud of its contribution towards employment creation, currently employing over 600 direct agents, 500 sub-agents (employed by brokers) and 260 employees. With over 11,490 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.

Botswana Life plays a strong role in driving socio-economic prosperity in Botswana. The Company’s investment in Botswana’s economy over the last 45 years is proportionate with its size and success, and is demonstrated through various projects including property developments, the holding of Government and corporate bonds which exceed P5 billion. The bonds represent loans to businesses in Botswana, which are facilitating the growth of private businesses as well as job creation, infrastructure development and many other economic activities.

 

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