IPEC/Industry players commemorate insurance awareness day in Gweru … Nicoz Diamond scheme of arrangement gets shareholder nod 

 

IPEC/Industry players take insurance awareness to Gweru as Zimbabwe joins rest of world in commemorating Insurance awareness day

By Insurance24 – Statement by Lloyd Gumbo- IPEC Public Relations Officer

HARARE, As the Insurance and Pensions Commission and the insurance industry in Zimbabwe, we join the rest of the world in commemorating the Insurance Awareness Day.

Insurance Awareness Day is observed

Read more

Moving towards real-time claims processing

  

Moving towards real-time claims processing

By Insurance24

HARARE, The insurance claims process is the bane of many people’s existence with some companies taking anything from 15 days up to a month, if not longer, to settle. In the fast-paced digital environment, this is an antiquated approach and must change if insurers are to remain competitive, according to Annalie Terblanche, Exergy Product

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more