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About Us

Corporate History

Corporate History

In the beginning: it was a quiet day in 1992, seven shareholders got together and formed Tausi Assurance Company limited. The Company opened its doors quietly but confidently for business in 1993 in Westlands, with a paid up capital of Kshs 20million and a staff of nine.

Customer first

Customer first

The confidence came from having a simple and clear objective: the world is far from perfect and sometimes things don’t happen the way we hope or plan. Neither individuals nor companies can perform at their best if they aren’t assured that their interest and assets are well protected. Tausi provides that assurance in their general insurance range of products.

We are different because of our philosophy to put the customer first, because we are passionate about providing only the best service, we aim to build satisfying relationships with our customers. Our procedures and processes are constantly upgraded to meet our clients’ specific needs and to provide lasting solutions to every problem that they approach us with. 

Growing confidence

Growing confidence

Not many companies in the market have experienced the kind of growth that Tausi has demonstrated since its birth 24 years ago. The Company’s paid up capital was Kshs. 600 Million as at December 2016 from 20 Million initial capital in 1993. The total assets were Kshs 19.7 million in 1993 and have impressively grown to over Kshs. 2.2 Billion at the end of 2016. The gross written premium stood at Kshs. 963 Million as at December 2016.

In the year 2016, Tausi was accorded a national scale credit rating of A (ke) with Stable outlook by Global Credit Rating (GCR), a South Africa based rating agency which is a member of ARC Ratings (Europe). This rating is a clear indication of Tausi’s strong financial stability and claims paying ability.

Products

Products

We are committed to providing individuals and businesses with a wide range of general Insurance products to protect the things they value most. We offer, Industrial all risks, Fire and Allied perils, Consequential Loss and Business Interruption, Engineering, Burglary, Marine, Contractors All Risks, Workmen’s Compensation, Public Liability, Group Personal Accident, Political Violence and Terrorism, Money, Fidelity Guarantee, Domestic Package, Motor, Personal Accident and many more.

Tausi Assurance guarantees stability and reliability with strong support from Reinsurance companies with remarkable international credit ratings. P.T.A Reinsurance (A.M. Best B+), Scor Re (S & P A+), (A.M. Best B+), Sirius International (A.M. Best A), Africa Reinsurance (A.M. Best A), Kenya Reinsurance (A.M. Best B+) and East Africa Reinsurance (A.M. Best B).

People power

People power

Tausi is a Company powered and driven forward by people. Human resource is our most treasured asset. Employee numbers have swelled from the initial total of nine people to over fifty. At Tausi, it’s not greater numbers that count, it’s about high quality of service. Tausi’s staff are well known for their friendliness and dedication to meeting their individual customers’ insurance needs.

They are also given the tools and support to guarantee synergy and customer satisfaction. Only the most talented, dynamic, team-oriented and forward-thinking people revolve around Tausi. And that commitment has helped us develop strong working relationships with well-known brokers and agents. Today we can proudly say that we are insurers and co-insurers of some of the top privately owned businesses in Kenya.

The heart of the matter

The heart of the matter

As we strengthen our position as a key player in Kenya’s insurance market, the customer-focused principles and values that were fixed in 1993 will continue to be at the heart of Tausi’s operations in the coming years. At Tausi, we value our clients that’s why we believe they have come to value us.

Vision

Vision

To be the Insurance provider of first choice.

Mission

Mission

To provide general insurance services in Kenya.

Core values

Core values

Integrity
Innovation
Accountability
Professionalism
Customer focus
Team spirit
Fairness