Insurance broker’s earnings increase 81.22%, as Minerva Risk Solutions gross 19.90% of net brokerage commission
By Insurance24
HARARE, Insurance brokers earned $1.4 mln during the quarter ended 30 September 2017, which translate to an 81.22% increase from $77 000 same period in 2016 and this was driven by a 10.01% increase in other income for the quarter.
During the period, there were 32 insurance
CBZ Holdings insurance units in 5.2% income contribution, both units profitable in 2017
By Insurance24
HARARE, CBZ Holdings insurance units made a 5.2% income contribution to group’s total income which amounted to $175 mln in 2017, a 10% increase from $159 mln in 2016.
The Group’s insurance units, CBZ Life and CBZ Insurance were both profitable during the year and the underwriting income was at
Is insurtech moving to the mainstream?
By Insurance24
HARARE, Insurtech could be moving more towards the mainstream of the industry, an expert has said.
Laura Kalomiris, director of operations at Trov, said that one of the big trends she saw in insurtech over the course of 2017 was its move toward the mainstream as more businesses looked to jump into the innovative technology.
“A lot of new industries