Our History

Company History

How we Started

Impex company Limited, a private family owned company, was incorporated on the 27th of June 1949 by the late Mr. Yusufali Somji. The objective of the company then was to provide insurance broker services to the general public.

The company was formed in 1939 and its humble beginning was through the efforts of its Greek founder, Mr Yamalis. In the coming years it was taken over and reformed by an ambitious entrepreneur by the name of Yusufali Somji, who by 1968 had acquired all the shares of the company, making him the major shareholder and sole agent.

The company slowly began to expand under the very able management of Mr Yusufali Somji, and building itself a solid base and an identity in terms of its efficiency, professional, personalised and guaranteed services to its customers, all of which culminated to represent value for money.

In 1971 Mr Yusufali’s son, Mr Mohammed Somji joined the company, bringing with his new ideas and strengths, thus a continuum of the expansion process.
On the 3rd of July 1977 Mr Yusufali Somji passed away, leaving charge of the company with Mr Mohammed Somji.

The ensuing years saw impressive progression and expansion of the company, both in terms of improved and additional services, which are enhanced on an ongoing basis to cater for changing needs, for its ever-increasing customer base.


Started our operations in 1936


Represented Commercial union Assurance co. Ltd as a chief agent at the time of nationalization in 1967


Served as an Agent  for National insurance corporation (Nic) – the sole insurer post nationalization till 1998


One of the first insurance brokers to be licensed by Tanzania insurance Regulatory Authority in 1998 when the insurance sector was liberalized


Approved Brokers from African Trade – http://www.ati-aca.org/


Licensed and Authorized  to transact  all  classes of insurance business TRA- https://www.tra.go.tz/index.php

Customer Satisfaction
Value for money
Dedicated team

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