Press Release

Jubilee InsuranceTanzania and R&R Insurance Brokers introduce the

first-ever Investment Plan for Tanzanians living in the Diaspora

Dar es Salaam 12th , August, 2015R&R Insurance Brokers Limited

(R&R) in partnership with Jubilee Insurance companies in Tanzania
announced the first-ever Investment Plan cover that combines both Life
Insurance and Repatriation (Funeral) cover for Tanzanians living in the
diaspora.
The product named Nyumbani Kwetu, Swahili for My Home has been
designed to deliver three components; investment, life and repatriation
cover. Nyumbani Kwetu allows access to ones funds after the second year,
it has a guaranteed life cover, guaranteed funeral cover and a return rate of
4 %.The cover is affordable and accessible with premiums as low as
Tsh17,200/- per year. The product is available to all Tanzanians living
outside the country with a minimum age of 18 years. Unlike other insurance
products, Nyumbani Kwetu has no maximum age of entry.
R&R prides itself on crafting unique insurance solutions. R&R Insurance
Brokers Managing Director, Ms. Diana Matondane, said that the firm is
thrilled to partner with the number one Insurance Company in East Africa.
This presents us with an opportunity to showcase our products to
Tanzanians all over the world. Jubilees passion and dedication to underwrite
risks and paying claims is well known as the market leaders in Tanzania, Its
an honour to work with them, said Ms. Matondane.

We are delighted to partner with R&R and we look forward to introducing

various products to the Tanzanian market, and beyond catering for long term
life Assurance packages such as school fees and personal investment
policies, said Jubilee Insurance CEO George Alande. Alande further
highlighted that Jubilee also offers short term insurance packages such as
domestic package insurances for residential houses and their contents,
motor vehicle covers specifically for ladies and individual medical insurance
covers among others. There is a synergy between our two brands that we
feel will result in a profitable relationship for both of us, said Alande.
R&R provides a full- brokerage service covering General, Life and Health
insurance in a wide range of sectors including aviation, marine, mining, oil,
gas and energy, credit and political (investment) risks, surety bonds,
terrorism and sabotage as well as micro insurance.
END
For further information, please contact ;
Diana Matondane
Managing Director
R&R Insurance Brokers Limited
+255 22 2111638; Cell: +255 783 600 003;
E: diana.matondane@rrinsurancebrokers.com
George Alande;
Chief Executive Officer
The Jubilee Insurance Company of Tanzania Limited
Tel: +255 22 2135121; Cell: +255 757 347 787;
Email:George.alande@jubileetanzania.com
About R&R
R&R is an independent specialist insurance and brokerage firm. It is fully owned by
Tanzanians and licensed by the Tanzania Insurance Regulatory Authority (TIRA). R&R
offers unique and flexible range of insurance risk solutions including life, general
and health covers. We are committed to supporting our clients by defining,
designing, and delivering innovative, specific insurance solutions that help them
effectively manage their risk.
Local Expertise.With a Global Reach!
About Jubilee Insurance

Jubilee Insurance was established in August 1937, as the first locally incorporated
Insurance Company based in Mombasa in 1937. Jubilee Insurance has spread its
sphere of influence throughout the region to become the largest Composite insurer
in East Africa, handling both long-term and short-term insurance. Today, Jubilee is
the number one insurer in East Africa with over 450,000 clients.
Jubilee Insurance is also the largest provider of medical insurance across East Africa
that includes many of the regions blue chip companies. Jubilee Insurance has a
network of offices spanning Kenya, Uganda, Tanzania, Burundi and Mauritius. It is
the only ISO certified insurance group listed on the three East Africa stock
exchanges The Nairobi Securities Exchange (NSE), Dar es Salaam Stock Exchange
and Uganda Securities Exchange. Its regional offices are highly rated on leadership,
quality and risk management and have been awarded an AA- in Kenya and Uganda,
and an A+ in Tanzania.