Currency mismatch drains millions from Zimbabwe’s insurers

Madavo estimated that an insurer processing 500 such claims annually could lose as much as ZWG15 million through exchange-rate-related leakages alone.
By Donald Nyandoro 3h ago

Insurance industry battling to stem trust deficit

Tsuro said insurance is built on trust as it represents a promise to honour future claims, warning that failure to uphold that promise has far-reaching consequences.
By Donald Nyandoro Jun. 11, 2026

IIZ 2026 Winter School officially kicks off amid calls for continuous upskilling, innovation

Speaking during the opening session, IIZ president Clementine Chinyuku said the winter school was a strategic platform for developing the skills and leadership required to drive the sector forward.
By Donald Nyandoro Jun. 11, 2026

‘Design insurance products that respond to the needs that people have’

AH: Now, I know, of course, as the Group CEO of First Mutual, insurance runs through your blood, if I can say it that way.
By Staff Reporter Mar. 20, 2026

IIZ charts course to equip local companies with new strategies

MN: What is your vision for the institute during your tenure, and how do you plan to position the organisation as a leader in the African insurance industry?
By Mthandazo Nyoni Mar. 21, 2025

Zim insurers head for SA indaba

It will offer a unique opportunity for networking, knowledge-sharing, and charting a new course for Zimbabwe’s insurance industry, according to the IIZ.
By Staff Writer Feb. 28, 2025

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

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