Botswana Short Term Insurance Underwriters Association .

Botswana Short Term Insurance Underwriters Association . BSTIUA -Association of all licensed and practising short-term Insurers and Reinsurers in Botswana

Happy Mother's Day! Your Strength and Love is the Insurance every home needs.
10/05/2026

Happy Mother's Day! Your Strength and Love is the Insurance every home needs.

Happy Labour DayToday we celebrate the dedication, resilience, and hard work of every employee who keeps our industries ...
01/05/2026

Happy Labour Day

Today we celebrate the dedication, resilience, and hard work of every employee who keeps our industries moving forward.

At BSTIUA, we recognize that behind every workplace is a workforce that deserves protection, security, and peace of mind. That’s why insurance isn’t just a policy, it’s a promise to safeguard livelihoods, families, and futures.

As we honor workers across all sectors, we remain committed to advocating for fair, reliable, and accessible insurance solutions for all.

Your work matters. Your protection matters even more.

DID YOU KNOW? Workers’ compensation is important because it provides a structured system of financial and medical suppor...
27/04/2026

DID YOU KNOW? Workers’ compensation is important because it provides a structured system of financial and medical support for employees who are injured or become ill as a direct result of their work. Its importance can be understood from several perspectives:

1. Protection for employees
It ensures that workers receive medical care, rehabilitation, and income replacement if they are injured on the job. This prevents employees and their families from falling into financial hardship due to work-related incidents.

2. Protection for employers
It limits the legal exposure of employers. In most systems, employees who are covered by workers’ compensation generally cannot sue their employer for workplace injuries, as the scheme replaces litigation with a compensation system. This provides predictability and reduces costly court disputes.

3. Promotes workplace safety
Because employers often contribute to workers’ compensation funds, they have a financial incentive to reduce accidents. Safer workplaces mean lower claims and lower insurance or levy costs.

4. Social and economic stability
It reduces the burden on public healthcare and social welfare systems by ensuring injured workers are supported through dedicated funding mechanisms. It also helps maintain productivity by supporting workers’ recovery and return to work.

5. Faster and simpler claims process
Compared to civil lawsuits, workers’ compensation systems are typically faster and more straightforward, ensuring injured workers get help without long legal delays.

Wishing you a joyful Easter, may you continue to feel secure knowing you’re protected every step of the way.Please be ad...
02/04/2026

Wishing you a joyful Easter, may you continue to feel secure knowing you’re protected every step of the way.

Please be advised that the BSTIUA Secretariat Office will be closed from Thursday, 2 April 2026, and will reopen on Tuesday, 7 April 2026.

The Botswana Short-Term Insurance Underwriters Association (BSTIUA) spent the day at the Gaborone Bus Rank participating...
27/03/2026

The Botswana Short-Term Insurance Underwriters Association (BSTIUA) spent the day at the Gaborone Bus Rank participating in the NBFIRA Consumer Education Activation. During the engagement, we interacted with members of the public to raise awareness and provide education on key insurance matters.

The session focused on enhancing understanding of short-term insurance, its benefits, and its importance in financial protection and risk management. Our team addressed questions, clarified common misconceptions, and provided guidance on policy coverage, claims processes, and consumer rights within the insurance industry.

This initiative forms part of BSTIUA’s ongoing commitment to promoting insurance literacy and empowering consumers to make informed decisions.

Missed Day 1? Join us for Day 2 of the NBFIRA Consumer Education Activation:
📅 Saturday, 28 March 2026
🕘 09:00 – 17:00
📍 Gaborone Bus Rank
Our team will be available throughout the day to assist with all your insurance-related enquiries.

Did you know?Workers’ Compensation Insurance covers:1. Medical expenses for work-related injuries or illnesses2. Compens...
25/03/2026

Did you know?
Workers’ Compensation Insurance covers:

1. Medical expenses for work-related injuries or illnesses
2. Compensation for lost wages while an employee is unable to work
3. Disability benefits (temporary or permanent)
4. Death benefits to dependents in case of a fatal workplace incident
5. Rehabilitation costs to help employees return to work

Workers’ Compensation Insurance does not cover:

1. Injuries sustained outside of work duties
2. Self-inflicted injuries or misconduct-related incidents
3. Injuries while under the influence of alcohol or drugs
4. Non-compliance with workplace safety regulations
5. Independent contractors (unless specifically included in the policy)

25/03/2026

DID YOU KNOW?

Third-party insurance is the most basic and legally required form of motor vehicle insurance. It protects other people (third parties) who may suffer loss, injury, or damage due to an accident involving your vehicle.
It does not cover damage to your own vehicle or your own injuries.

The primary aim of third-party insurance is to protect victims of road accidents pedestrians, passengers, or other drivers by ensuring they are compensated even if the at-fault driver is unable to pay.

Our CEO, Mr. Rocky Ramalefo, on 26th Feb served as Guest Speaker at Absa Bank BotswanaBusiness Banking Engagement with C...
27/02/2026

Our CEO, Mr. Rocky Ramalefo, on 26th Feb served as Guest Speaker at Absa Bank Botswana
Business Banking Engagement with Corporate Agents and Brokers, where he shared key insights on the insurance sector outlook and regulatory landscape

Mr. Ramalefo emphasized that regulatory compliance forms the foundation of trust within the financial services sector, noting that adherence to regulatory standards is essential for credibility and long-term sustainability. He highlighted that strong banking partnerships enhance regulatory readiness, as financial institutions provide the systems and infrastructure necessary for compliance and transparency.

He further observed that manual processes are becoming obsolete, particularly in an environment where regulators require traceable and real-time transaction reporting. In this context, digitization strengthens both compliance and customer trust by ensuring transparency, efficiency, and immediate transaction confirmation.

In conclusion, Mr. Ramalefo stressed that strategic banking alliances drive sustainable industry growth, as collaboration between insurers and banks enhances operational resilience, governance, and long-term sector stability.

At BSTIUA, we remain committed to building a robust insurance ecosystem and promoting operational efficiency across the industry. Partnership such as with Absa are therefore not merely beneficial — they are vital to strengthening the entire insurance value chain.

Cherish the moments that matter most, knowing you’re fully covered.
14/02/2026

Cherish the moments that matter most, knowing you’re fully covered.

Did you know?Third-Party Insurance covers:1. Injury or death of a third party2. Damage to another person’s vehicle or pr...
03/02/2026

Did you know?

Third-Party Insurance covers:

1. Injury or death of a third party

2. Damage to another person’s vehicle or property

3. Legal costs if a third party sues you

4. Compensation to passengers (if stated in the policy)

Third-Party Insurance does not cover:

1. Your own injuries

2. Damage to your own vehicle

3. Theft, fire, or vandalism of your vehicle

4. Losses if you were driving illegally or under the influence.

The Botswana Short-Term Insurance Underwriters Association (BSTIUA) spent the day in Selebi-Phikwe participating in the ...
30/01/2026

The Botswana Short-Term Insurance Underwriters Association (BSTIUA) spent the day in Selebi-Phikwe participating in the NBFIRA Open Day 2026, where we engaged with members of the public to raise awareness and provide education on insurance matters. The session focused on improving public understanding of short-term insurance, its benefits, and the role it plays in financial protection and risk management.
Through direct interaction, our team addressed various questions from the public, clarified common misconceptions about insurance, and offered guidance on policy coverage, claims processes, and consumer rights within the insurance industry. The engagement formed part of BSTIUA’s ongoing commitment to promoting insurance literacy and supporting informed decision-making among consumers.
For those who were unable to attend today, we invite you to join us for Day 2 of the NBFIRA Open Day, taking place on Saturday, 31 January 2026, from 8:00 am to 5:00 pm in Selebi Phikwe, Botshabelo. Our representatives will be available throughout the day to answer questions, provide further information, and assist members of the public with insurance-related enquiries.

Address

The Office Building , Fair Grounds
Gaborone
-0000-

Telephone

+2673600500

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