The Tanzania Insurance Regulatory Authority held a session with the leadership of Utumishi SACCOS in Unguja on Aug. 25, providing insurance education and outlining business and investment opportunities in the sector. The briefing covered insurance products and the authority’s role, with a particular focus on establishing and operating an insurance agency and the commission-sharing arrangements across different types of insurance. Utumishi SACCOS expressed interest in exploring an agency as an investment activity and additional source of income.
2026-08-27Tanzania Insurance Regulatory Authority
Tanzania Insurance Regulatory Authority briefs Utumishi SACCOS on insurance agency opportunities in Unguja
The Tanzania Insurance Regulatory Authority briefed Utumishi SACCOS in Unguja on insurance and related business opportunities. The cooperative will explore establishing an insurance agency as an investment activity and additional income source.