NAIROBI, 16 September, 2020 – The African Trade Insurance Agency (ATI) has grown from a small African start-up, operational in just seven countries in 2001, into a pan-African institution with presence across Africa and with a significant global reach.
ATI is embarking on a rebrand exercise with the goal of obtaining an identity that provides a better fit to its growing stature as the largest provider of investment and trade credit insurance on the continent. The rebrand is expected to begin roll-out in mid-2021.
The process will align ATI’s brand and business strategy, refresh its brand identity and grow its reputation, presence and visibility in the market, with the ultimate goal of accelerating ATI’s impact on Africa’s development.
BrandComms, a UK-based African-centric agency, has been contracted to undertake the rebranding exercise with ATI’s communications department taking the lead. The team plans to interview stakeholders and solicit feedback through an on-line survey in order to include as many perspectives as possible in the interest of developing a brand that speaks to the needs of ATI’s stakeholders.
Specifically, the new brand will support ATI’s refocused business strategy to grow the business through organic growth and innovation, underscored by three key focus areas:
“ATI has reached an exciting cross road, where the company has evolved from a loss-making institution to one with a year-on-year record-setting growth for the past eight years in addition to investment grade ratings from both S&P (A/Stable) for over a decade and, in 2019, (A3/Stable) from Moody’s. This is a perfect time for the institution to get refitted for a suit that better fits its growing global presence,” notes Benjamin Mugisha, ATI’s Chief Underwriting Officer.
ATI is currently insuring 1 to 2 per cent of the GDP of its member countries and is expected to facilitate US$2 billion of additional investments to the continent in the next 12 to 24 months.