‘Sandbox to drive insurance innovation’

Insurance Council of Zimbabwe chief executive Donald Muthe

THE Insurance Council of Zimbabwe (ICZ) says the newly-launched regulatory sandbox could help revive the country’s declining insurance penetration by creating space for new products, technologies and business models tailored to evolving consumer needs.Advertisements Insurance penetration has fallen sharply to below five percent, largely due to low disposable incomes, worsened by the struggling informal sector,…

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