Botswana Life Recognised with Four Industry Awards from Global Brands Magazine and Global Banking & Finance Review


GABORONE – Botswana Life is pleased to have been awarded a number of exciting industry awards in recent weeks. The business has been named the Most Admired Financial Services Brand and the Most Innovative Insurance Brand Botswana for the year 2023. Botswana Life CEO, Ronald Samuels, has also been given a Leadership Excellence Award, in recognition of his Excellence in Business Development. The three accolades were awarded by Global Brands Magazine (GBM) in its 11th edition of the annual brand awards. This year was, however, the first year in which Insurance Awards were specially established to honour excellence in performance across industries. Botswana Life stood out from amongst others in Botswana’s insurance sector for its exceptional commitment to innovation, quality, branding activities, and customer service and performance.

Adding to this, Botswana Life has also received an award under Global Banking & Finance Review’s The Next 100 Global Awards 2023, under the category of Insurance. The Next 100 Global Companies highlights some of the most exciting, innovative, and promising businesses from around the world and recognises those at the forefront whose strategy, achievements, dedication, and leadership of those who demonstrate outstanding achievement and are committed to delivering the products clients need and the results clients want, acting as a catalyst for the industry. 

This is an immense privilege and honour. We thank Global Brands Magazine and Global Banking & Finance respectively for recognising us and our efforts. Above all, however, we thank the very people who make us the business we are: our staff who work so hard to deliver exceptional client experiences, and clients who trust us with their business and their peace of mind. They inspire us every day to do more and to do better. We must also recognise that it is the strong regulatory environment we have in Botswana that gives us permission to operate and to operate in the way that we do. It is a complex and competitive environment, but one that is stable, well governed and encouraging of growth and progress. It is to all these valued stakeholders we are privileged to work with and for that we share this incredible honour,” said Botswana Life CEO, Mr. Ronald Samuels.

Botswana Life has received a number of accolades in recent years, including but not limited to: the Most Admired Insurance Brand Award (Brand Africa, 2020); the Best Insurer (Brand Africa, 2020); Botswana’s Life Insurance Brand of the Year (Global Banking & Finance, 2022); and Life Insurance CEO of the Year, Botswana, for Ronald Samuels (Global Banking & Finance, 2022). These serve as veritable reinforcements of Botswana Life’s unwavering desire to improve livelihoods for colleagues, clients and communities as delivering meaningful impact.  Botswana Life strives to provide peace of mind today, for tomorrow, through life insurance and advisory services that are best in market, purpose-driven, and engineered to create shared value. 

For more information, please contact:

Tebogo Keepetsoe
BIHL Group PR, Communications & Marketing Manager or +2673707429

Gabriel Tlagae
BLIL PR, Communications & Marketing Manager  or +267 3923576

Taazima Kala
Hotwire, General Manager & Lead Consultant or +267 392 3579

About Botswana Life Insurance Limited

Botswana Life Insurance Limited (Botswana Life) is Botswana’s longest servicing and only home-grown life insurer. Established in 1975, Botswana Life has a proud 48-year history and is a subsidiary of the renowned Botswana Stock Exchange (BSE) listed Botswana Insurance Holdings Limited (BIHL) Group. As an icon in Botswana, Botswana Life has become synonymous with life insurance in the country and as a trusted partner to Batswana.

At Botswana Life, we provide financial solutions that make a positive difference in the lives of our clients and employees. We are committed to creating a world where everyone is financially secure and can walk tall in confidence that we have them covered. Botswana Life provides long-term insurance solutions for individuals and groups, such as life insurance, retirement annuities and investment policies and of recent estate planning bouquet through its recently launched subsidiary, Botswana Life Fiduciary Services (BLFS). 

Botswana Life estimated market share of over 71% has been built over time through hard work, resilience and a keen interest in sustainability and creating value. The Company is currently managing a file size of over 304,000 policies and has an Annual Recurring Premium in excess of P1.8Billion as at 2021. Botswana Life is proud of its contribution towards employment creation, currently employing over 600 direct agents, 1000 sub-agents (employed by brokers) and 450 employees. With over 11,000 people receiving their monthly pensions from Botswana Life, the company is amongst the largest, if not the leading payer, of occupational pension benefits in Botswana.

Botswana Life plays a strong role in driving socio-economic prosperity in Botswana.  The Company’s investment in Botswana’s economy over the last 46 years is proportionate with its size and success, and is demonstrated through various projects including property developments, the holding of Government and corporate bonds which exceed P5 Billion. The bonds represent loans to businesses in Botswana, which are facilitating the growth of private businesses as well as job creation, infrastructure development and many other economic activities. 

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About Global Brands Magazine

Based in the UK, Global Brands Magazine is the go-to source for the latest on top luxury brands of the UK. The magazine provides up-to-date news, reviews, opinions, and polls on leading brands across the globe.
Our expert columnists and authors shed light on the most successful branding strategies, identity work, development, and growth. With our team of dedicated professionals, Global Brands Magazine has become the benchmark for other companies to follow. Global Brands Magazine is a must-read for understanding the global brand ecosystem.

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The full list of GBM 2023 winners can be found here:  

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