Zimnat marathon raises $7 000 for Cebisani Ndlovu’s surgery: News release
HARARE, Zimnat’s first charity marathon, which was held at Barclays Sports Club in Harare on November 10, managed to raise almost the whole amount originally quoted for 30-year-old Bulawayo resident Cebisani Ndlovu’s spinal cord surgery.
When Mr Ndlovu approached Zimnat for assistance, the amount needed at that time for
Liberty Mutual announces new broker-friendly distribution model
HARARE, Global property and casualty insurance giant Liberty Mutualhas announced a new distribution model for its commercial insurance operation, Global Risk Solutions (GRS).
The new structure enables brokers and buyers to enjoy easier access to the full suite of GRS primary and specialty commercial insurance products across the
Executive summary…Funeral Assurers report..Half year 2018 to June 30
HARARE, There were 9 registered and operating funeral assurance companies as at 30 June 2018, the same number recorded as at 31 March 2018.
All registered life assurers also wrote funeral assurance business for the half year which ended on 30 June 2018. The details of this business is in the life assurance industry report.
Gross
Contribution arrears top $600 million in 2017, Public sector entities constitute bulk of the arrears
Own correspondent
Vic Falls – A significant amount of the contribution arrears to pension funds which are now topping US$600 million are owed by the public sector entities which include local authorities and state owned entities, the Insurance and Pensions Commission (Ipec) has said.
Contribution
Insurance sector challenged to tap into non-traditional products
Own correspondent
Vic Falls- Minister of Public Service, Labor and Social Welfare Sekai Nzenza has called on the insurance sector to employ innovation and tap into the non-tradition micro insurance products to as a solution to massive company closures among a plethora of problems the sector is facing.
The prevailing economic situation
Policy administration is a fundamental business function for any insurer. The stakes are high in ensuring consistent customer service delivery across the operational value chain; failure could result in complaints being lodged with the ombudsman, reputational damage, and ultimately the loss of business. Angelique Strumpher, Administration Manager at SilverBridge, examines how outsourcing can help
Compiled by Insurance24
HARARE, Thanks largely to its property-casualty business, major insurer Allianz enjoyed a 20.6% rise in operating profit in the third quarter of 2018.
From €2.5 billion in the same period last year, the group’s operating profit climbed to €3 billion, with the Germany-headquartered firm citing factors such as strong premium growth and lower natural catastrophe claims.
Funeral Assurers pins hope on 2019 budget
By Insurance24
HARARE, Funeral Assurers are longing for 2019 National budget that speaks to production, which in turn increases employment levels and drive uptake of the sectors products.
“First and foremost we expect that the budget makes a strong and serious thrust towards the productive sector.
“The Minister’s focus should be aimed at reviving the
Cybersecurity lessons: understanding the risks of ransomware
HARARE, It was Cybersecurity Awareness Month in October and as we edge into November it is still the perfect opportunity to discuss the growing development of cyber risk with the public and commercial world.
According to the latest World Economic Forum Global Risks Report 2018, cyberattacks are perceived as the global risk of highest concern
Zimnat launches innovative ideas for new generation products programme
HARARE, Insurance and financial services company Zimnat is running an innovation accelerator programme which challenges developers, local hubs and universities to develop innovative ideas that will enable it to develop products suited to the 21st Century and beyond.
The programme will be enhanced through a competition