LUSE: MAFS 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

Country	Zambia
Founded	1992
Industry	Fire, Marine, and Casualty Insurance
Employees	457

Contact Details

Address: LSA House Lusaka Zambia
Phone	260 211 257151
Website	madisonshares.com

Stock Details

Ticker Symbol	MAFS
Exchange	Lusaka Stock Exchange
Fiscal Year	January - December
Reporting Currency	ZMW
SIC Code	6331