BIHL eyes expansion into SADC

Wednesday, September 07, 2016

Botswana Insurance Holdings Limited (BIHL) says it is making efforts to expand its business beyond Botswana where insurance penetration is low and has upside potential.

One of the reasons for the decision is the intensified domestic competition. BIHL group chief executive officer, Catherine Lesetedi-Letegele said the move is one of the pillars of their five-year strategic plan for 2017-2021.

“We are seeking to expand into attractive SADC (Southern African Development Community) markets and explore in-country opportunities,” she said.

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