ZSE firmer ahead of 38th Independence anniversary….Reinsurance capital continues to creep upwards

ZSE firmer ahead of 38th Independence anniversary….Insurers inactive

By Insurance24

HARARE, Ahead of the 38th Zimbabwe’s independence anniversary tomorrow, the All Share index gained a further 2.81% to close at 93.23 buoyed by gains in three heavy weight counters Old Mutual, Delta and Econet.

As a result, turnover was at $1.81 mln as the market traded on a form note amid strong demand.

The market

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Brokers say some Banc assures and agents shortchanging consumers on rights to choice

Brokers say some Banc assures and agents shortchanging consumers on rights to choice

Nelson Gahadza

HARARE, The Insurance Brokers Association of Zimbabwe (IBAZ) says conditional selling of insurance being practiced by some banks goes against consumer rights to choice, as clients should be given an option to choose insurance brokers of their choice when they are being given loans.

IBAZ in a statement

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Marsh Develops Commercial Blockchain Solution for Proof of Insurance

Marsh Develops Commercial Blockchain Solution for Proof of Insurance

Compiled by Insurance24

HARARE, Marsh announced it is collaborating with IBM, ACORD and its client, ISN, to develop a commercial blockchain solution for proof of insurance.

By using block chain, or distributed ledger technology, Marsh said the certificate of insurance process will be transformed “from complicated and manual to streamlined

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