Empowering The Association

About the Association

Discover ALUB’s mission: Advancing professionalism, collaboration, and consumer education in Botswana’s life insurance industry since 2018.

LICENSED UNDERWRITERS

Connect with our Association members

0 %

Of industry assets are held in life insurance

Seventy-eight percent of industry assets are concentrated in life insurance, underscoring its dominant role in Botswana’s insurance sector.

Empowering Underwriters

The Association of Life Underwriters Botswana

The Association of Life Underwriters Botswana (ALUB) plays a crucial role in guiding the life insurance industry towards professional growth and adherence to best practices in Botswana. Since its inception on May 28, 2018, ALUB has dedicated itself to upholding the integrity of the industry and ensuring the interests of clients are prioritised.

With a strong focus on collaboration, the association serves as a vital link between life insurers and regulatory bodies, ensuring the industry’s standards are both met and maintained. ALUB’s strategic vision, articulated in its 2024-2027 Strategic Plan, is aimed at fostering a sustainable, resilient, and confident future for the life insurance sector.

This involves embracing innovative technologies, enhancing consumer education, and advocating for the industry’s collective interests. By aligning its activities with its foundational vision, mission, and values, ALUB is set to make significant contributions to the industry’s growth, while also enhancing the value it provides to its members and the broader community.

0 %

Distribution

Of total insurers' assets

Eighty-five percent of insurers’ assets are allocated to life insurance, highlighting its significant role in asset distribution within the industry.

“Insurance is a safety net woven with the threads of foresight, protecting dreams and securing futures against life’s uncertainties.”

Anonymous

Empowering Underwriters

Our History

The Association of Life Underwriters Botswana (ALUB) was officially registered with the Registrar of Societies on 28 May 2018, marking a significant milestone in the organisation of life insurers in Botswana.

This pivotal moment was the culmination of a shared recognition among life insurers of the profound impact they have on the financial well-being of Batswana. It was understood that by uniting their efforts, they could more effectively engage with stakeholders and amplify their contributions to the community.

The founding Executive Committee, instrumental in shaping the direction of ALUB, included Thebe Modikwa as Chairman, Ratanang Tsayang as Deputy Chairman, Patricia Raditholo as Secretary, Gift Noko as Deputy Secretary, and Kabo Motsumi as Treasurer.

This leadership team convened for the association’s inaugural meeting on 9th February 2018, hosted in the Botswana Life Boardroom, setting the stage for ALUB’s journey towards enhancing the life insurance sector in Botswana.