Zanzibar Insurance Corporation (ZIC) in Tanzania: licensed companies, regulator figures, claims and complaints
Zanzibar Insurance Corporation (ZIC) companies licensed in Tanzania
| Company | Licensed as |
|---|---|
| Zanzibar Insurance Corporation | Insurance companies and takaful operators |
| ZIC Takaful Company Limited | Insurance companies and takaful operators |
Source: Tanzania Insurance Regulatory Authority, TIRA register of licensed entities (active entries on 23 September 2026). Names are reproduced as the regulator lists them. A licence is not a rating: it means the company may sell insurance in Tanzania.
Zanzibar Insurance Corporation (ZIC) in Tanzania: the regulator's figures (2024)
| Company | Premium (TZS million) | Motor | Profit after tax | Complaints |
|---|---|---|---|---|
| Zanzibar Insurance Corporation | 59,097 | 12,226 | 1,548 | 33 |
Source: TIRA — Annual Insurance Market Performance Report 2024 (Appendices 3A, 3B, 8A, 10; Table 6.2; Chart 3.17). Compare with any other insurer: compare two insurers in Tanzania · largest insurers.
Before you buy from Zanzibar Insurance Corporation (ZIC) in Tanzania
- Check that the policy is issued by one of the companies above — the licensed entity, not only the brand.
- For motor cover, verify a cover note or the company itself on TIRAMIS.
- Ask for the schedule and the exclusions in writing, and compare them with at least one other insurer.
- Keep in mind the claim rule that applies to every insurer: the insurer must pay within 45 days of the signed discharge, extendable once by 45 days (Insurance Act s.131).
- If something goes wrong, complain to the insurer, then to the Tanzania Insurance Ombudsman (disputes up to TZS 40 million).
The rules above come from our guides: check a cover, licensed insurers and how to complain.
Tulinde is independent and not affiliated with Zanzibar Insurance Corporation (ZIC). Brand names belong to their owners.
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Frequently asked questions
Is Zanzibar Insurance Corporation (ZIC) licensed in Tanzania?
Yes. 2 Zanzibar Insurance Corporation (ZIC) companies appear on the TIRA list (active entries on 23 September 2026): Zanzibar Insurance Corporation; ZIC Takaful Company Limited.
How do I complain about Zanzibar Insurance Corporation (ZIC) in Tanzania?
Write to Zanzibar Insurance Corporation (ZIC) first; if it does not settle, complain to the insurer, then to the Tanzania Insurance Ombudsman (disputes up to TZS 40 million).
How long does Zanzibar Insurance Corporation (ZIC) have to pay a claim in Tanzania?
The same rule applies to every insurer in Tanzania: the insurer must pay within 45 days of the signed discharge, extendable once by 45 days (Insurance Act s.131).