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About

About

Get to know us

About us

MGen Tanzania Insurance Company Limited (MGen) is a general (short term) insurer and is a part of the LSA Group of Companies of Zambia which has interests in the financial services, tourism, property development and the hospitality industry. MGen started operating in Tanzania in 2007 and has been posting successful growth ever since

 

 

Our Products

 

MGen underwrites all classes in respect of general business which include Motor, Property, Marine, Miscellaneous, Accident and Pecuniary types of insurance. We also offer foreign travel insurance with the support of world leaders in the provision of travel insurance products and services. MGen has embarked on agriculture insurance among many other new and exciting insurances. At MGen we offer tailor made products giving our customers the ability to customize their policy in order to obtain the right cover for their needs.
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Years Of Experience

We Are Trusted By Hundreds

Why People Choose Us

Guarantee

Reability

Experience

Transparent

Acronym: ACTIVE

Core Values

Accountability

To protect stakeholder interest is of paramount importance. We do this by controlling waste and being accountable in all our dealings

Customer First

Our customers are our business, at all times we place their interest first, aiming to serve with speed, efficiency and respect.

Team Work

We believe in building a strong synergetic, well-structured team and we support positive employee growth.

Integrity

We are committed to promoting ethical conduct and we undertake all our activities with honesty and fairness.

Value Innovation

Our strategy is to offer difference in product and service at low cost.

Efficiency

We are committed to being practical, fast, focused, simple, flexible and cost conscious.

Our Security

MGen has managed to secure good treaties with different reinsurers across Africa who have good knowledge and expertise with Africa and Tanzania insurance industry. The treaties have been placed with the help of the well rates reinsurance brokers

Our Reinsurers are: Africa Re, One Re, GIC Re, East Africa Re, Kenya Re, Ghana Re, PTA Re and TAN Re
Our Reinsurance brokers are: AfroAsian and JB Boda