Madison Financial Services Plc (LUSE:MAFS)
Zambia flag Zambia · Delayed Price · Currency is ZMW
1.800
0.00 (0.00%)
At close: Jul 17, 2025

Madison Financial Services Company Description

Madison Financial Services Plc, through its subsidiaries, underwrites general insurance and life assurance products in Zambia and Tanzania.

The company operates through four segments: Life Insurance, Non-Life Insurance, Asset Management, and Microfinance.

It offers a range of life, term assurance, unitized pensions, guaranteed pensions, pure endowment pensions, mortgage endowment products, and health insurance, as well as medical coverage; and motor, household, agriculture, commercial, and business interruption insurance to individuals and businesses.

The company also provides investment management services, such as investment funds, unit trusts, and brokering services to institutions, pension funds, and individuals.

In addition, it offers microfinance loans to small and medium enterprises and employees of public and private institutions; and property development, stockbroking, and leasing services.

The company was founded in 1992 and is headquartered in Lusaka, Zambia. Madison Financial Services Plc is a subsidiary of Lawrence Sikutwa and Associates Limited.

Madison Financial Services Plc
CountryZambia
Founded1992
IndustryFire, Marine, and Casualty Insurance
Employees457

Contact Details

Address:
LSA House
Lusaka
Zambia
Phone260 211 257151
Websitemadisonshares.com

Stock Details

Ticker SymbolMAFS
ExchangeLusaka Stock Exchange
Fiscal YearJanuary - December
Reporting CurrencyZMW
SIC Code6331