How insurance companies can utilize IoT data in their business strategies
Compiled by Insurance24
HARARE, Insurance professionals love the idea of IoT data, but they aren’t putting it to use in their own companies. A
Category: Breaking news
21Jun
Re-branded Emeritus Re Zimbabwe lifts ZHL in five months to May 2018
Re-branded Emeritus Re Zimbabwe lifts ZHL in five months to May 2018
By Insurance24
HARARE – Zimre Holdings Limited gross written premium for the five months to May 2018 increased 9% to $14.4 mln largely driven by rebranded Emeritus Re Zimbabwe.
Chief executive officer Stan Kudenga told shareholders yesterday that Emeritus Re Zimbabwe is now profitable and continues to grow.
On other hand, restructured
20Jun
Ipec to accredit auditing firms to disclose malpractices
Ipec to accredit auditing firms to disclose malpractices
HARARE – The Insurance and Pensions Commission (Ipec) is working towards accrediting companies that audit the insurance market in order to bring an obligation for disclosure of some key matters that are often left out.
The Commission’s Head of Pensions Josphat Kakwere told an ICAZ/IPEC seminar Tuesday that the accreditation is akin
18Jun
Hundreds attend IPEC Mount Darwin’s awareness campaign on insurance and pensions as $25 mln remain unclaimed
Hundreds attend IPEC Mount Darwin’s awareness campaign on insurance and pensions as $25 mln remain unclaimed
By Insurance24
HARARE, The Insurance and Pensions Commissions (Ipec) Saturday’s awareness campaign on insurance and pensions in Mount Darwin’s Madondo business area drew hundreds of people who leant on first hand information from the regulator as well as service providers.
Insurance
18Jun
Liberty Health to strengthen partnership with FBC Insurance
South Africa’s Liberty Health to strengthen partnership with FBC Insurance
By Insurance24
HARARE , South Africa’s medical health insurer, Liberty Health has said that it is bullish about the Zimbabwean market and is looking at further developing its partnership with FBC Insurance. FBC Insurance is the underwriter of Liberty Blue Health Cover Zimbabwe.
Liberty Health Divisional Director Katy
14Jun
Rapid uptake of low cost-high benefit plan, the Shield Plan accelerates PSMAS turnaround
Rapid uptake of low cost-high benefit plan, the Shield Plan accelerates PSMAS turnaround
By Insurance24
HARARE, Premier Medical Aid Society (PSAMAS) says with the rapid uptake of its low cost-high benefit plan, the Shield Plan is set to accelerate its turnaround as well re-shape the medical aid landscape in Zimbabwe.
PSMAS last year launched its first ever low cost/high benefit product tailor made
13Jun
Zurich shares lessons from extreme weather events: what disasters teach us about resilience
Zurich shares lessons from extreme weather events: what disasters teach us about resilience
By Insurance24—HARARE
Risk-awareness and knowledge are the first steps in mitigating the impact of disasters.
- Extreme weather events are among the most likely causes of disasters
- Every dollar spent on disaster resilience saves five dollars in future losses
- Post-Event Review Capability analysis helps to identify opportunities to reduce risk and build long-term resilience
With that in mind, Zurich Insurance Group (Zurich) is sharing what it has learned about how individuals, businesses and communities can increase
12Jun
ZIMNAT partners financial institutions to develop a trade finance market in Zimbabwe
ZIMNAT partners financial institutions to develop a trade finance market in Zimbabwe
By Insurance24
HARARE, Zimnat says is offering credit insurance in a transitioning environment which demands the adoption of a structured credit insurance model.
In that regard, “Zimnat formed a partnership with BankABC intending to do the same with all other financial institutions that have an objective of developing
11Jun
First Mutual Holdings Limited after tax profit jumps 35% to $5 mln in 5 months to May 2018
First Mutual Holdings Limited after tax profit jumps 35% to $5 mln in 5 months to May 2018
By Insurance24
HARARE, First Mutual Holdings (FMHL) after tax profit for the 5 months to May 2018 grew 35% to $5 mln compared to $3.7 mln same period last year largely as a result of increased revenues and a low growth rate of expenses.
Chief executive officer Doug Hoto in a brief update at the company’s annual
11Jun
Policy administration in the cloud….AXA taps SecurityScorecard as ‘pioneering partner’ for cyber success
Policy administration in the cloud
Compiled by Insurance24
HARARE, The move towards the cloud has seen insurers rethink their approach to not only solution development but also policy administration. Increasingly, ‘as a service’ is becoming pervasive in the industry. Claudette Steynberg, product manager at SilverBridge, takes a closer look.
“Despite initial scepticism around the benefits (and longevity) of the cloud, insurers