What MVA Fund does

MVA Fund (Motor Vehicle Accident Fund) is a Botswana statutory government fund established in 1987 to provide automatic third-party motor vehicle insurance and compensate road traffic accident victims. It was created in response to the insurance industry's announcement of intended third-party premium increases of up to 600 percent, which the Government deemed unaffordable. The Fund is governed by an 8-member Board appointed by the Minister of Finance and Economic Development under the MVA Fund Act No. 15 of 2007, which introduced universal coverage and a hybrid fault/no-fault compensation system replacing the earlier 1998 Act.

The Fund delivers five core benefit categories: medical treatment and rehabilitation (up to P1,000,000 per claimant), loss of income (up to P300,000), loss of support for dependents of deceased victims, funeral expenses (up to P7,500), and incidental expenses for transport and accommodation during treatment. Its technology footprint consists of an online claim submission portal hosted on the DigitradeNow platform (mvafund.digitradenow.com) backed by six regional offices (Gaborone HQ, Francistown, Selebi-Phikwe, Maun, Kang, Palapye) and partner distribution through police stations, hospitals, and post offices. The Fund also runs a road-safety promotion program that includes the Mobile Children Traffic School, the Community Road Safety Grant Scheme, and stakeholder road-safety forums.

Revenue is collected via a mandatory fuel levy rather than direct premiums, making the Fund's funding structurally tied to national fuel consumption. It also collects third-party cover fees from foreign-registered vehicles at border entry. The Fund is operationally and politically a Government of Botswana entity, currently executing its 2023-2027 strategic plan 'Mphatlalatsane' focused on aggressively improving road safety outcomes across the country.

Name

MVA Fund

Legal name

Motor Vehicle Accident Fund

Website

https://mvafund.bw

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

51–100 employees

Short description

MVA Fund is the Botswana statutory government fund that provides automatic third-party motor vehicle insurance and compensates road traffic accident victims, funded through a mandatory fuel levy and serving all citizens, residents, and visitors in Botswana.

Ownership category

akta.pro rank

Product category

Statutory Accident Compensation Insurance

NAICS

Other Insurance Funds (52519), Health and Welfare Funds (52512), Justice, Public Order, and Safety Activities (922)

SIC

Fire, Marine & Casualty Insurance (6331), Accident & Health Insurance (6321)

akta.pro primary industry

Motor Vehicle Liability Insurance (FSAJAMAC)

akta.pro secondary industries

Income Support & Cash Assistance Programs (BPAIAKAE), Accident Medical Expense Insurance (Supplemental Accident) (FSAIALAE)

Keywords

• Accident compensation fund
• Third-party insurance
• Road safety promotion
• Motor vehicle insurance
• Statutory compensation benefits

Headquarters

HQ city

Gaborone

HQ country

Botswana

HQ region

Africa

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Third-Party Insurance via Fuel Levy: MVA Fund is financed through payment of a fuel levy, providing automatic third-party insurance cover to drivers and owners of motor vehicles. This is a statutory government-mandated fund established to avoid steep increases in private third-party insurance premiums (originally proposed at 600% increases). Foreign registered vehicle drivers pay third-party cover at the border upon entry into Botswana.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

MVA Fund is a statutory government-mandated accident compensation fund that provides automatic third-party insurance cover for motor vehicle drivers and owners, financed through a fuel levy. The fund compensates road traffic accident victims in Botswana through benefits including medical treatment and rehabilitation, loss of income, loss of support, funeral expenses, and incidental expenses, and also runs road safety promotion programs. Claims are processed via a nationwide branch office network, an online portal (DigitradeNow), and partner distribution points.

Product overview

MVA Fund is a Botswana government accident compensation fund operating as a single unified platform offering road accident compensation and insurance services. The core offerings consist of Medical Treatment & Rehabilitation, Loss of Income, Loss of Support, and Funeral Expenses benefits, along with third-party insurance cover. The fund also operates road safety promotion programs including the Mobile Children Traffic School, Community Road Safety Grant Scheme, and various awareness campaigns. Claims submission is available through both physical offices and an online portal (Digitrade Now).

Differentiator

Problem solved

Functional benefit

Products and services

• Third Party Insurance Cover Automatic third-party insurance cover for drivers and owners of motor vehicles in Botswana, funded through payment of a fuel levy. Foreign registered vehicle drivers pay third-party cover at the border upon entry into Botswana.
• Medical Treatment & Rehabilitation Medical assistance for claimants injured in road traffic accidents in Botswana, including treatment authorization, transport, accommodation, and meals for medical appointments. Coverage up to P1,000,000 per claimant. Negligent parties' medical claims are limited to P300,000.
• Loss of Income Compensation for severely injured claimants who cannot return to employment due to the nature of their injuries, paid for the period of proven loss only. Coverage up to P300,000.
• Funeral Expenses Assistance with funeral costs up to P7,500 for families who lost loved ones in road crashes in Botswana.
• Loss of Support Financial support for dependents of deceased road crash victims in Botswana to help sustain families after losing a breadwinner.
• Incidental Expenses Coverage for transport and accommodation costs incurred whilst seeking medical assistance, including caretaker support where medically motivated, for road accident claimants in Botswana.
• Road Safety Promotion Programs Road safety education and awareness programs including child safety education, roadside campaigns, passenger/pedestrian campaigns, speed campaigns, stakeholder forums, and community road safety initiatives across Botswana.
• Mobile Children Traffic School Educational program using theoretical lessons and real-time traffic scenario simulation to teach road safety to primary school children in Botswana, delivered via school visits and presentations.
• Community Road Safety Grant Scheme Initiative that incentivizes civic community to actively participate in road safety promotion in Botswana through technical and financial support for community road safety projects, with 7 active community groups and 20+ youth road safety clubs.

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

19 partnerships are on record, tiered core and minor.

• Ministry of Transport and Public Works (Botswana)coreStrategic or Co-development PartnerGovernment ministry providing oversight and collaboration on road safety policy, transport infrastructure, and road safety regulations. Key government stakeholder in road safety management.
• Ministry of Health BotswanacoreStrategic or Co-development PartnerCollaboration on healthcare for road accident victims, trauma management, and rehabilitation services. Partnership for emergency medical response and treatment authorization.
• Botswana Police ServicecoreStrategic or Co-development PartnerLaw enforcement partnership for road safety enforcement, accident reporting, police reports for claims processing, and collaborative roadside educational campaigns.
• Sidilega Private HospitalcoreOthersPrivate hospital providing medical treatment and rehabilitation services to road accident claimants. Authorized service provider for medical undertaking authorizations.
• Bokamoso Private Hospital (Lenmed)coreOthersPrivate hospital under Lenmed network providing medical treatment services to MVA Fund claimants.
• First Aid and Health (FAH)minorStrategic or Co-development PartnerFirst aid training and health services provider supporting road safety and emergency response initiatives.
• Life Health CareminorOthersHealthcare provider network offering medical services to accident victims.
• Department of Road Transport ServicescoreStrategic or Co-development PartnerGovernment department for vehicle inspection reports (Form BP 29) and driving license verification for claims processing.
• Boitekanelo CollegeminorStrategic or Co-development PartnerEducational institution partnered for trauma management capacity building and healthcare professional training.
• World Health Organization (WHO) BotswanacoreStrategic or Co-development PartnerWHO Cluster Lead Health Promotion & Social Determinants provides guidance on road safety as shared responsibility and supports Decade of Action for Road Safety 2021-2030 initiatives.
• Business Botswana (Road Safety Patron)coreStrategic or Co-development PartnerBusiness Botswana President serves as Road Safety Patron to drive advocacy, influence policy, promote safer roads and vehicles, and encourage workplace road safety policies.
• Jindal Coal MineminorGTM or Marketing PartnerPrivate sector partner contributing resources and operational support for festive season road safety campaigns.
• Minet BotswanaminorGTM or Marketing PartnerPrivate sector partner providing resources and support for road safety campaign visibility and outreach.
• UnitransminorGTM or Marketing PartnerTransport company partner supporting road safety campaign operations and logistics.
• Unik ConstructionminorGTM or Marketing PartnerConstruction company partner contributing to road safety campaign support.
• Botswana OilminorGTM or Marketing PartnerNational oil company partner supporting road safety initiatives and fuel-related safety awareness.
• Duma FMminorGTM or Marketing PartnerRadio station partner providing communication platforms for road safety campaign messaging and public awareness.
• Government of Zimbabwe DelegationminorStrategic or Co-development PartnerHigh-level delegation led by Secretary for Transport and Infrastructural Development visited for benchmarking on establishment and operationalization of a Road Accident Fund. Knowledge sharing on legislative framework, governance, road safety management, and case management.
• Spinalis Unit at Princess Marina HospitalcoreStrategic or Co-development PartnerDonated P241,200 worth of six specialized rehabilitation wheelchairs to enhance trauma care and rehabilitation for spinal cord injury patients. Partnership to improve quality of life for accident survivors.

Scale indicators9 records

Recent moves10 records

Expansion highlights6 records

Regional players

• Hollard Insurance Botswana: Hollard is a major general insurer with a Botswana footprint operating adjacent insurance lines in the same jurisdiction, useful as a benchmark for distribution and product design that does not overlap MVA Fund's monopoly segment.
• Botswana Insurance Company (BIC): BIC is a long-established domestic insurer operating in Botswana across general insurance lines. While not a direct third-party motor liability competitor (MVA Fund holds the monopoly), it shares the same regulatory environment and customer base for adjacent insurance products.

Others

• National Social Security Authority (NSSA) Zimbabwe: NSSA is a regional statutory social security administrator that addresses workplace injury and benefits in a comparable SADC context, useful as a broader ecosystem comparator for public compensation schemes.
• National Transport and Safety Authority (Kenya): NTSA is the Kenyan government agency responsible for road safety, transport policy, and accident data — a non-insurance peer that intersects with MVA Fund on prevention, statistics, and policy advocacy across the East/Southern Africa road-safety ecosystem.

Broad incumbents

• Accident Compensation Corporation (ACC) New Zealand: ACC is a comprehensive no-fault statutory accident compensation scheme covering all injury types (including motor). It is a broader incumbent reference point for universal, no-fault accident compensation models that MVA Fund's hybrid system partially echoes.
• Motor Insurers' Bureau (UK): The UK MIB compensates victims of uninsured and hit-and-run drivers and is funded via insurer contributions — a comparable statutory third-party motor compensation scheme in a mature market, useful as a benchmark for governance and claim handling.

Direct peers

• Motor Vehicle Accident Fund of Namibia: Namibia's MVA Fund is a regional peer offering third-party motor vehicle accident compensation through a similar statutory structure across the border, addressing an adjacent market with comparable products and regulatory framework.
• Road Accident Fund (South Africa): South Africa's statutory Road Accident Fund provides third-party compensation to road accident victims via a fuel-levy mechanism — the closest functional and structural analogue to MVA Fund, including similar legislative origin and funding model.
• Motor Vehicle Accident Fund Lesotho: Lesotho's statutory MVA Fund delivers third-party motor accident compensation to road crash victims in a small, neighboring SADC economy, mirroring Botswana's universal-coverage mandate and fuel-levy-based funding approach.

Emerging players

• Road Accident Fund (Zimbabwe, in development): Zimbabwe is actively establishing a Road Accident Fund and recently sent a delegation to benchmark against MVA Fund. It represents an emerging peer and a potential knowledge-transfer client as the framework is operationalized.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC7YSHvJKZyK1gdIv1BWMFIQ
• Xx.com/mvafundbw
• Facebookfacebook.com/MVAFundBotswana
• LinkedInlinkedin.com/company/motor-vehicle-accident-fund

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MVA Fund