POSB, AFC Insurance seal bancassurance deal

POSB chief executive, Garainashe Changunda (left) and AFC Insurance managing director, Cuthbert Masukume (right) sign a bancassurance agreement at a ceremony in Harare this week Tuesday.

THE People’s Own Savings Bank (POSB) and AFC Insurance Compa­ny have signed a bancassurance part­nership aimed at expanding access to insurance products and financial ser­vices, particularly for farmers and rural communities. The agreement will see POSB offering a range of AFC Insurance products through its branch network, including crop and livestock insur­ance, loan protection for…

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