Cassava Smartech Insurtech business grows

Cassava Smartech Insurtech business grows

Staff Reporter

HARARE, Cassava Smartech’s Insurtech business continues to grow in the positive territory buoyed by writing new short term and life insurance policies as it grows the customer base for all insurance products.

“New products and alternative payment channels were introduced leading to a doubling of our short-term insurance customers,” the

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Reimagining insurance from the outside in

Reimagining insurance from the outside in

HARARE, In the wake of COVID-19, insurance customers are looking for more than most insurers typically offer. They are looking for protection from all forms of controllable adversity.

To meet these new customer demands, insurers need to move from traditional risk indemnification models to proactive risk mitigation and management. This means changes in both

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Old Mutual Life Assurance invests into solar project

Staff Reporter

HARARE, OLD Mutual Life Assurance Company has applied for a license from ZERA to construct a modest 648kW solar photovoltaic power plant at its headquarters in Harare.

The company has since applied for a licence from the Zimbabwe Energy Regulatory Authority allowing it to sell the surplus in terms of electricity licensing regulations

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Nyaradzo CEO and Founder…Tracks roots

Nyaradzo CEO and Founder…Tracks roots

By Phillip Mataranyika CEO Nyaradzo

By the time I left Old Mutual, on the 28th of February 2001 to begin a new chapter in my life as CEO of a fledgling company, Nyaradzo, I was the most successful Old Mutual sales agent and financial advisor of all time. I had won all the awards there were to win, travelled many parts of the country and some of the countries

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ZHL seek to strengthen Credsure

ZHL seek to strengthen Credsure

Staff Reporter

ZIMRE Holdings says it is targeting to grow Credsure market share and business through onboarding more underwriting management agency (UMA) with dynamic impact and strategies to acquire business that complements innovative customer propositions.

The group, after losing NicozDiamond to First Mutual Holdings is seeking to return to short term insurance through

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Intelligent automation drives operational insurance improvements

Intelligent automation drives operational insurance improvements

HARARE, Insurers looking toward digital innovations to drive operational improvements in their processes would do well to consider the benefits of intelligent automation (IA). For example, the recent partnership between SilverBridge and Astute Financial Services Exchange which delivers a fully automated intelligent claims processing solution that provides maximum risk oversight while enabling claims

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FMHL gross premium firm in five months

FMHL gross premium firm in five months

Staff Reporter

First Mutual Holdings Limited (FMHL) Gross Premium Written (GPW) rose 494% to ZWL$3.92 billion during the five months to May 2021.

Douglas Hoto, the group chief executive, in a trading update said an estimated 40% of the revenue was US$ premium translated at the interbank rate.

In the Zimbabwe market, the forex premiums were US$9.2 million compared

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