Westlife Insurance unveils Strategy
staff writer | Tuesday June 9, 2026 13:38
The strategy, which was recently approved by the company's board, outlines the insurer's vision to strengthen its position in local insurance industry while responding to changing customer needs and a rapidly evolving business environment. At the heart of the strategy is a new vision: 'To lead every generation as a resilient, trusted and customer-empowered insurer.' The vision signals the company's intention to move beyond incremental growth and establish itself as a market leader built on trust, innovation and long-term sustainability.
To support the execution of the strategy, Westlife has adopted a set of core values comprising resilience, agility, collaboration, trust, integrity, excellence and innovation. The company says these values will guide decision-making and shape its organisational culture over the next five years. As part of its renewed identity, Westlife has also introduced a new tagline, 'Happy About Life,' which reflects its commitment to providing customers with financial security, confidence and peace of mind. The strategic plan is anchored on the theme 'Building Resilient Partnerships,' highlighting the company's commitment to strengthening relationships with customers, brokers, regulators and other stakeholders. Westlife views these partnerships as critical to driving sustainable growth and maintaining confidence in the insurance sector. The company noted that its approach extends beyond traditional business relationships to include collaboration with regulators and industry oversight bodies.
Through this approach, Westlife aims to promote sound governance, compliance and transparency while contributing to the development of a competitive and resilient insurance market. Westlife’s CEO, Kgomotso Ratlhaga said the strategy represents a clear statement of intent for the future and reflects the company's commitment to growth, innovation and stakeholder value creation. 'The Board's approval of our five-year strategy is more than a planning milestone; it is a declaration of intent,' she said. Ratlhaga added that the company remains committed to working closely with its partners, regulators, brokers and communities as it pursues its long-term objectives. The launch of the strategy marks a significant milestone in Westlife's journey and sets the foundation for the insurer's next phase of growth as it seeks to enhance customer experience, embrace digital transformation and build lasting partnerships across the industry.