The insurance sector in Tanzania is regulated by the Tanzania Insurance Regulatory Authority (TIRA), whose functions are;
Registration of insurance agents;
Registration of insurance assessors and loss surveyors;
Registration of insurance brokers;
Registration of insurance companies;
Registration of Reinsurance companies;
Inspection of all insurance players;
Handling insurance complaints from the public; and
Creation of insurance awareness to the Public.

Tanzania Insurance Sector Report

The Tanzania insurance sector is growing steadily, with 30 insurance companies and 112 insurance brokers currently active in the market (2014 TIRA data).