Fidelity Life Assurance was first incorporated in the United Kingdom as Legal and General (Pvt) Ltd. In 1936, Legal and General opened a branch in Bulawayo in the then Rhodesia. In 1988, a local consortium then bought the long-term assurance division and changed its name to Fidelity Life Assurance. Since inception, Fidelity Life Assurance has been offering superior and innovative assurance products.
Over the years, Fidelity Life has been developing and continues to develop products and services that ensure that members receive maximum returns and adequate cover when they need it. Fidelity Life was listed on the Zimbabwe Stock Exchange in 2003 and later in 2005 became the first Insurance Company to be ISO certified. To this day we have managed to retain our ISO certification, as we endeavor to deliver quality service to our clients.
Fidelity Life was one of the first Zimbabwean assurance companies to take opportunities in the region, which has also maximized shareholder value. This has seen the company grow to become a regional player in the life assurance and associated business arena.
In the region Fidelity Life have operations in Malawi and Zambia, and is also hoping to spread its wings further into the region in the near future. Moreover we have had management contracts in Kenya and Angola. In addition to its core business of long-term assurance, Fidelity Life also has subsidiaries in related financial services fields offering:
- Medical Assurance
- Asset Management Services
- Funeral Assurance
- Financial Services
All these subsidiaries are centered on the company’s core business that of Individual life assurance, employee benefits and pensions business which forms the core of the group’s activities.