Funeral Assurers seek to unite and advance sector interests at 4th conference

Funeral Assurers seek to unite and advance sector interests at 4th conference

Dorcas Chigodho

Staff Reporter

HARARE, AT least 200 delegates are expected at the 4th conference of the Zimbabwe Association of Funeral Assurers (Zafa) to be held in Bulawayo next week as it seeks to unite and advance the interests of the funeral sector in Zimbabwe and abroad.

To date the association says it has received confirmations

Read more

IPEC proposes three tier pension system

IPEC proposes three tier pension system

Owen Kurewa

HARARE,  In view of challenges facing Zimbabwe’s pension industry,  the Insurance and Pensions Commission has taken an initiative to propose holistic reforms for the country’s pension sector in order to come up with an efficient pension system.

Three Tier Pension System

The regulator is proposing that Zimbabwe adopts an integrated three tier

Read more

Texas Mutual explains open strategy on fraud busting… “More money or less money”: Keeping producers accountable to achieve higher growth

 

Texas Mutual explains open strategy on fraud busting

Compiled by Insurance24

HARARE,  Texas Mutual Insurance Company is well and truly clamping down on insurance fraud. In 2017, the insurer’s internal fraud department identified more than $6 million in workers’ compensation fraud and made a number of convictions.

The fraud busters have remained hard at work through the first half of

Read more

Technological revolution threat/opportunity to traditional insurance industry. But Ipec ready to provide enabling environment

Technological revolution threat/opportunity to traditional insurance industry. But Ipec ready to provide enabling environment

W Mapfumo

Insurance24

HARARE, The Insurance and Pensions Commission (Ipec) says is ready to engage with the industry in providing an enabling regulatory framework that facilitates ease of doing business through digital transformation of the insurance industry.

Speaking at a Breakfast

Read more

INSURERS MUST DELIGHT THEIR BROKERS, AS WELL AS THEIR CUSTOMERS!

INSURERS MUST DELIGHT THEIR BROKERS, AS WELL AS THEIR CUSTOMERS!

 Compiled by Insurance24

HARARE, Insurance providers should bolster the digital experience they deliver to intermediaries as well as to their direct customers.

Customer expectations and behavior are changing dramatically because of digital disruption and rising consumer clout. Customers want service providers to offer them enticing

Read more

IPEC moves to equip industry on the inevitable impact of block chain technology in insurance

http://www.cbzinsurance.co.zw

IPEC moves to equip industry on the inevitable impact of block chain technology in insurance

Walter Mapfumo

Staff Reporter

HARARE, The Insurance and Pensions Commission (Ipec) has moved to equip the insurance industry with an appreciation of the inevitable impact of block chain technology in transforming existing business models.

The regulator will tomorrow host a breakfast

Read more

Zimbabwe Operational Risk Report : FitchSolutions

http://www.cbzinsurance.co.zw

Zimbabwe Operational Risk Report : FitchSolutions

Portia Zimbizi

Staff Reporter

HARARE, The amalgamation of pervasive corruption, weak rule of law and policy uncertainty underscored by shifting positions on the country’s local ownership and foreign participation regulations have made Zimbabwe an unattractive investment environment for the past two decades .

Corruption

Read more

Old Mutual limited confirms progress on strategic priorities after JSE listing… R46.8bn to be returned to shareholders

Old Mutual limited confirms progress on strategic priorities after JSE listing… 

R46.8bn to be returned to shareholders

 HARARE, Old Mutual Limited (OML)  in its first interim results since its primary listing on the Johannesburg Stock Exchange in June 2018, confirmed it was making good progress on its strategic priorities.

It stated its solid financial delivery in a tough operating environment,

Read more

Ipec approves Heritage pension fund liquidation

Ipec approves Heritage pension fund liquidation

Walter Mapfumo

Staff Reporter

HARARE, Insurance and Pensions Commission (Ipec) has approved the liquidation of Heritage pension fund with an independent consulting actuary MAOS having been appointed liquidator of the fund.

The approval is as at December 31 2017. In an update Insurance Broking and Risk Management company, Marsh said all members, deferred

Read more