IPEC warns public on engaging unregistered individuals and organizations
By Insurance24
HARARE, Insurance and pensions regulator, The Insurance and Pensions Commission (Ipec) has warned the public against engaging individuals and organisations purporting to be insurance or pensions experts as most of these people are not qualified and registered as financial advisers.
In a statement Ipec said the
By Insurance24
HARARE, Businesses are struggling to make progress with their digital transformation process – and insurance is playing catch-up with other industries, according to a new report.
New research from global consulting firm Capgemini has found that only a minority of businesses feel they have the digital and leadership capabilities to make digital transformation a success. Just 39% of
Life Assurance not only about death…But are investments and pensions too: ZIMNAT COO
By Insurance24
HARARE, Life assurance is largely associated with death and benefit accrued thereof. However, one is bound to think so, as a life insurance contract is defined as a contract in which: benefit may be payable on or following the death of the policyholder; or benefit(s) may be payable provided the
By Insurance24
HARARE, One of the primary pain points in daily operations for agencies and carriers is password management. In the past, an independent agent writing business with 15 different carrier partners had to obtain and manage 15 different usernames or passwords in order to connect with those carrier sites.
The ID Federation believes the time agencies spend managing credentials for carriers,
Nyaradzo Life Assurance unveils Sahwira International Plan (SIP), set up Service Centre in the United Kingdom
By Insurance24
HARARE, Diversified insurance group, Nyaradzo Life Assurance Company has unveiled a pioneer product, the Sahwira International Plan (SIP) targeted at Zimbabweans living in the diaspora.
Currently, more than 3 million Zimbabweans are in the diaspora with bulk of them in South
Is this the perfect modern-age insurance model?
Compiled by Insurance24
HARARE, In the heart of London’s historic insurance district and nestled in the shade of the iconic Lloyd’s building lies the office of CFC Underwriting – a bright and busy space home to more than 200 staff selling commercial insuranceproducts to thousands of businesses in over 75 countries.
Backed by Lloyd’s,
Global insurance premiums on the rise – Swiss Re report
Compiled by Insurance24
Short term insurers urged to abide by investment guidelines…..as GWP and investment income drive massive profitability in 2017
By Insurance24
HARARE, The Insurance and Pensions Commission of Zimbabwe (Ipec) says insurers should abide by the investment guidelines in order to sustain their capacity to liquidate their contractual obligations on time.
As reported in the Ipec’s Non-Life quarterly
New Chubb cyber policy protects ‘the online you’
Compiled by Insurance24
HARARE, Everyone is vulnerable in today’s digital world. As technology progresses with considerable verve, developed communities are favoring fast and efficient online capabilities. But as we delve further into cyber space, we’re also exposing ourselves to a matrix of emerging risks.
Global insurer Chubb has launched
ZAFA targets increased uptake of funeral assurance products
By Insurance24
HARARE, The Zimbabwe Association of Funeral Assurers (ZAFA) says most funeral assurance products are micro-products which are affordable even to the vulnerable groups of society, but due to lack of educational campaigns, the products end up with the wrong people.
ZAFA General Manager Taka Svosve told Insurance24 on the