MyBima
Insurance at your fingertips -- compare, buy, and manage policies from your phone
Overview
MyBima is a digital insurance brokerage and aggregator serving consumers and businesses in Tanzania. The platform enables users to compare quotes from multiple insurers, purchase policies online, and manage claims through a mobile application without visiting a physical office. The name draws on "bima," the Swahili word for insurance, reflecting the company's focus on the East African market.
The platform covers vehicle, health, travel, family, and fleet insurance. MyBima distributes products from multiple licensed Tanzanian insurance carriers through a single interface, giving customers access to competing quotes and allowing them to select and buy coverage digitally. The company's approach targets the barriers of inconvenient distribution channels and limited price transparency that have historically slowed insurance adoption in Tanzania.
MyBima operates as a licensed insurance broker under the Tanzania Insurance Regulatory Authority (TIRA) framework. The company is recognized as one of the active insurtech operators in Tanzania, contributing to the growth of digital insurance distribution in East Africa. Fleet insurance management is a notable specialization, offering vehicle operators tracking, notifications, and policy management tools.