04 November 2020
GABORONE – Botswana Life Insurance Limited (Botswana Life) celebrates 45 years of heritage and making a meaningful difference in the lives of Batswana. With a series of activities and celebrations taking place across the business and its branches, the 1st of November marks the 45th anniversary since the legacy company first opened its doors to Batswana.
Said Botswana Life Chief Executive Officer, Mr. Ronald Samuels, “We are proud to have partnered with Batswana over the years. No other insurer has invested in Botswana as we have, with 45 years of ensuring that Batswana have secured their futures. We are passionate about providing financial solutions and advisory services that make a positive difference in the lives of our people, our customers and our communities. We have the heritage, experience and future-forward ambition to truly deliver. As a trusted partner to Batswana, we are truly committed to growing further, together by creating legacies and meeting Batswana’s needs for financial security through Life and More.”
Insurance accounts for more of Botswana’s National GDP than in previous years, with Life contributing to 2.5% of GDP (2019) and short term contributing to 0.7% of GDP. As a leading insurer, Botswana Life has continued to champion the need for the sector to come together to ensure the promotion of best practice and the highest standards of professionalism in life insurance. This commitment is demonstrable through its Chief Executive Officer who holds positions as President of the Insurance Institute of Botswana (IIB) and Chairman of the Association of Life Underwriters Botswana (ALUB).
“Botswana Life plays a strong role in driving socio-economic prosperity. Our investment in Botswana’s economy is proportionate to our size and success. We proudly own our heritage and own our future, because we have the passion, heart, resolve and expertise to deliver on this. We are wholly committed to Batswana and wish to express our sincerest gratitude for their continued support as we continue to grow further, together. This milestone is a testament to our unwavering commitment to make a meaningful impact in our Nation,” concluded Samuels.
The business celebrates this incredible milestone with a renewed commitment to decades more of positive impact for and with Batswana, showing solidarity by helping them secure their futures.