Who We Are
The Organization of Eastern and Southern Africa Insurers is a member-based insurance organization that aims to promote the business and practice of insurance across Eastern and Southern Africa. The principal activity of the Organization of Eastern and Southern Africa (OESAI) is to encourage and enhance co-operation in the field of insurance and reinsurance and their related activities among companies operating in the Eastern and Southern Africa Region.
The Organization of Eastern and Southern Africa is on a growth track which is as a result of a rebranding and marketing initiative which has been taking place since 2013. Currently OESAI has one hundred and thirty-five active members and through marketing of the organization in the region, OESAI is focusing on growing this membership which will be done by sensitizing the insurance practitioners in the region on the existence and roles played by OESAI.
OESAI is also concerned in retaining the already existing membership by ensuring that the OESAI offers its members quality and valuable services that will add value to their business activities. We believe that we are on the right path to create an invaluable organization that will play a leading role in the insurance industry in the region.
OESAI 42nd Annual General Conference, Kigali – Rwanda.
A Brief History About OESAI
The Organization of Eastern and Southern Africa (OESAI) was formed in 1973 as a result of the initiative of eight insurance companies in the East and Southern Africa region. The eight founding insurance companies include:
Kenya National Reinsurance Corporation, Kenya; Zambia State Insurance Corporation Ltd, Zambia; Kenya National Insurance Company, Kenya; Jubilee Insurance Company Ltd; National Insurance Corporation of Tanzania Ltd, Tanzania; National Insurance Corporation of Uganda Ltd, Uganda; Pan African Insurance Company Ltd, Kenya; Reinsurance Company of Mauritius, Mauritius.
From the founding membership of eight companies form five countries, OESAI has grown and currently has 135 member companies from countries in and out of the region.
The Vision of the Organization of Eastern and Southern Africa (OESAI) is “To be one of the leading global forum for promoting insurance business.”
The mission of the Organization of Eastern and Southern Africa (OESAI) is “To provide a forum for promoting, expanding and developing insurance business.”
We embrace an organizational structure that strives to assure accuracy, high technical quality and high level of competency and use the most appropriate skills, continually seeking to improve. We share our knowledge of best practices with colleagues at all levels to enhance the quality of our services.
We build on our strength and success by providing creative and resourceful contemporary solutions for our clients. The agility of our team ensures its commitment to innovation and advances its development in the provision of risk management and product delivery in this fast-changing business climate by constantly striving to find new and improved ways to add value to all our stakeholders.
We revere honesty, adhere to high ethical standards, and provide timely, accurate and complete financial reporting, by carrying out our work in an objective and unbiased manner and by demonstrating respect for those with whom we interact.
We work in partnership with each other and promote collaborative development as we work to achieve business objectives and support departmental and corporate goals.