Insurers bank on tech for growth

In an interview with NewsDay Business, Choeni said emerging technologies like InsurTech were enhancing customer experiences in the industry.
By Ashton Ndakusiya 12h ago

Skills gap hampers risks management in insurance industry

Compounding these issues is the economic climate, with high inflation and currency instability raising operational costs and making insurance unaffordable for consumers.
By Ashton Ndakusiya Jan. 13, 2025

IIZ elects Chinyuku new president

The firm is a wholly-owned subsidiary of Waica Reinsurance Corporation PLC, a pan African reinsurer headquartered in Sierra Leone.
By Melody Chikono Nov. 14, 2024

IIZ seeks collaborations to grow insurance industry

IIZ general manager Davison Choeni told NewsDay Business that the institution was in talks with various players in the economy on how they could collaborate
By Melody Chikono Aug. 26, 2024

Zimbabwe’s insurance industry urged to restore confidence

IIZ general manager Davison Choeni said the delay in the settlement of claims was a cause for concern and the industry needs to understand that timeous settlements were a marketing tool.
By Melody Chikono Aug. 25, 2024

IIZ pushes for resilient industry amid challenges

Legacy issues relate to the economic collspse of 2008, triggered by hyperinflation, which resulted in the local currency being scrapped for a multicurrency regime the following year.
By Melody Chikono Aug. 20, 2024

Zimbabwe’s insurance rate remains negligible

Despite efforts made by the Insurance and Pensions Commission (Ipec) to improve the insurance penetration rate in the country, IIZ reports that it remains at a paltry 3%.
By Blessed Ndlovu Aug. 18, 2024

Risk management and insurance club launched at GZU

The club members will have access to the trending issues in the industry, which could help them to formulate their research topics and produce dissertations.
By Melody Chikono May. 1, 2024

Currency risk unsettles insurance sector

Katoma also said the sector raised concerns about the Intermediated Money Transfer Tax (IMTT), which is levied on each money transfer made. 
By Melody Chikono Nov. 24, 2023