Shareholder agreement feature image

Zimnat General Insurance Shareholder Guarantee

This document serves as notice of the shareholder guarantee by Masawara Holdings Mauritius Limited on behalf of Zimnat Lion Insurance Company Limited T/a Zimnat General Insurance. Click on the link below to access the document.......

 

Shareholder Guarantee - for ZGI

 

 


Zimnat General CEO demonstrating product use

Zimnat launches WhatsApp based Motor Insurance Renewal

Zimnat General Insurance has introduced a WhatsApp based Motor insurance, ZBC radio and ZINARA licence renewal, a service that it’s motor insurance customers can use to renew motor insurance and vehicle licenses.

Just like “messaging” on WhatsApp, current Zimnat and new customers can now renew their motor vehicle insurance, ZBC radio and ZINARA licence on WhatsApp from wherever and whenever in a few easy steps.

The process is easy, one simply needs to initiate a conversation with the number “0786206209” by sending their vehicle registration number to the WhatsApp number e.g. AZZ1234 and they will get an instant response of what to do next. Payment is then made via Ecocash, Icecash or OneMoney wallet instantly. The process can be done in less than 2 minutes.

We also have our toll-free customer contact number 08080063/64 readily available to assist our clients navigate this new innovation.

Once a client has renewed their policy, they can then collect their license discs from any Zimnat office or select OK and Bon Marche stores nationwide at a time of their choice.

The innovation ties in with the change in trends where WhatsApp penetration has significantly grown in Zimbabwe, making it the most used applications in the country.  The service therefore gives many customers an easy way to access their insurance.

Imagine renewing your motor vehicle and radio licence on WhatsApp instead of travelling to a brick and mortar office. How convenient!

Speaking on the launch of this exciting initiative Stanley Mazorodze the chief executive officer  of Zimnat General Insurance said “As part of our thrust to always offer our clients superior client experience, we are pleased  to  be introducing a WhatsApp based licence renewal platform for our third party motor insurance clients.”

“Not only are we bringing convenience and ease of doing business with us, but we are truly making life better in these times of the pandemic.

One of the key insights we learnt from the COVID  19 pandemic was the shift from the brick and mortar to the digital and remote working culture.

This platform therefore could not have come at a better time as it allows our valued clients to renew their insurance from the safety of their homes, as they too fight to flatten the curve”, he added.

 

 


THI Insurance acquired by Zimnat General

Acquisition of THI Insurance by Zimnat General Insurance

 

NOTICE IN TERMS OF SECTION 33 OF THE INSURANCE ACT (CHAPTER 24:07) - PROPOSED ACQUISITION OF THI INSURANCE (PRIVATE) LIMITED BY ZIMNAT LION INSURANCE COMPANY LIMITED

 

NOTICE is hereby given in terms of Section 33 of the Insurance Act [Chapter 24:07] that:

 

  1. Application for Approval of Amalgamation

 

The respective directors of THI Insurance (Private) Limited (“THI”) and Zimnat Lion Insurance Company Limited (“Zimnat Lion”) intend to make an application to the Minister of Finance for the approval of the following transaction:

 

The proposed acquisition of the whole of the business of THI by Zimnat Lion and the subsequent amalgamation of the business of THI under Zimnat Lion.

 

  1. Salient Features of the Transaction

 

Subject to all Conditions Precedent being fulfilled, Zimnat Lion shall acquire the entire issued share capital of THI. Upon consummation of the transaction, THI shall become a wholly owned subsidiary of Zimnat Lion.

 

  1. Representations and Inspection of Documents

 

Any person who wishes to make representations relating to the application must lodge them, in writing, with the Commissioner of the Insurance and Pensions Commission, 160 Rhodesville Avenue, Greendale, Harare and may copy the representations to the undersigned within 21 days of the date of publication of this notice.

The relevant Share Purchase Agreement shall lie open for inspection during the notice period at the offices of the undersigned parties.

 

 BeraMasamba

Legal Advisors to Zimnat Lion

15th Floor, Joina City

Corner Jason Moyo Avenue/Julius Nyerere Way

Harare

 

   
The Directors                                      

THI Insurance (Private) Limited

Endeavour Crescent

Mount Pleasant Office Park

Harare

 

 

 

 

 

 

The Directors

Zimnat Lion Insurance Company Limited

Zimnat House

Corner 3rd Street & Nelson Mandela Avenue Harare