Zimnat General Insurance Supports Honde Valley School Recovery after Tropical Cyclone

FOR IMMEDIATE RELEASE

Zimnat Executive Isaac Zinhanga handing over the blocks and stationery to school Head Mr Marondo

Honde Valley, Zimbabwe  – Zimnat General Insurance is proud to announce the successful restoration of St. Francis Pimai Primary School in the Eastern Highlands, following the devastation caused by the recent cyclone. The school, insured with Zimnat General Insurance, received a swift and comprehensive payout for property damages, allowing them to rebuild classrooms and staff quarters with minimal disruption to their academic calendar.

This event exemplifies Zimnat General Insurance's unwavering commitment to our purpose: Empowering Prosperity. By providing schools like St. Francis Pimai with access to comprehensive property insurance solutions, Zimnat General Insurance is ensuring the stability and continuity of education, a cornerstone of a thriving community.

"We are delighted to see St. Francis Pimai Primary School back on its feet and providing a safe learning environment for its students," said Mr Isaac Zinhanga, Business Development Executive for Zimnat General Insurance. "Their proactive approach to risk management, coupled with our prompt claims settlement process, demonstrates the true power of partnership in building resilience."

St. Francis Pimai after the Cyclone

The foresight of the St. Francis Pimai Primary School Development Committee (SDC) and the Anglican Diocese of Manicaland in securing property insurance serves as a powerful testament to the importance of financial literacy at the community level. By prioritizing risk preparedness, the SDC ensured a swift recovery for the school and minimized the impact of the cyclone on the education of its students.

St Francis is a primary school located in Honde Valley that is under the administration of the Anglican Diocese of Manicaland. With over 1000 pupils currently enrolled, the school caters for the great community of Pimai and Ruda areas.

St Francis Pimai Primary School after restoration

In addition to the financial settlement for property damages, Zimnat General Insurance also donated books to the school pupils, recognizing that some of their stationery was also destroyed by the storm. At Zimnat General Insurance, we understand the critical role that schools play in fostering a brighter future for our communities. That's why we offer a comprehensive suite of insurance solutions designed to protect educational institutions from unforeseen events.

Zim donates stationery to Pimai School to aid with recovery

Don't let a disaster disrupt your school's progress. Contact Zimnat General Insurance today to explore our tailored property insurance solutions and empower the prosperity of your educational institution. Together, let's build a more resilient future for Zimbabwe's education sector.

 

About Zimnat General Insurance

Zimnat General Insurance is a member of the Zimnat Group a diversified financial services group with interests in General Insurance, Life Assurance, Microfinance and Asset Management. It is a member of Masawara Holdings and associated with SanlamAllianz group, the largest non-banking financial services organisation on the African continent

Empowering Prosperity is at the core of everything we do. We are dedicated to partnering with individuals, families, and communities to build a brighter and more secure future.

For media enquiries contact Zimnat Group Communications Office:

email: sibandag@zimnat.co.zw

marketing@zimnat.co.zw

 

 


Zimnat General Insurance and Road Angels Partner to Offer Motorists Breakdown Cover

Drive with Confidence with 24/7 Breakdown Cover

Zimnat General Insurance and Road Angels Partner to Offer Motorists Breakdown Cover

Harare, Zimbabwe - In a move designed to provide added peace of mind to Zimbabwean motorists, Zimnat General Insurance has partnered with Road Angels to launch a comprehensive breakdown cover service. This valuable add-on to your existing motor insurance policy offers roadside assistance anywhere in Zimbabwe, ensuring you're never stranded on the road.

For an affordable nominal additional premium on your current Zimnat motor insurance policy, you can enjoy the benefits of breakdown cover, including:

  • 24/7 Roadside Assistance: Receive prompt assistance anytime, day or night, in case of a breakdown.
  • Flat Tire Change: No need to struggle with a flat tire - our technicians will change it for you quickly and safely.
  • Battery Jumpstart: Can't get your engine to turn over? We'll provide a jumpstart to get you back on the road.
  • Towing Services: If your vehicle can't be repaired on-site, we'll tow it to the nearest repair shop within our network.
  • Minimum of Four Assists per Year: Enjoy peace of mind knowing you're covered for multiple breakdowns throughout the year.

Extensive Nationwide Coverage:

Road Angels boasts a well-established network with physical offices or service centers in Harare (head office), Bulawayo, Gweru, Mutare, Masvingo, Beitbridge, Karoi, Kadoma, Chiredzi, Hwange, and Zvishavane. This ensures a minimal response time no matter where you experience a breakdown in Zimbabwe.

Getting Started with Breakdown Cover:

Adding breakdown cover to your existing Zimnat motor insurance policy is easy. Simply contact your Zimnat agent or visit any Zimnat branch to learn more and get a quote.

About Zimnat General Insurance:

Zimnat General Insurance is a leading short-term insurance provider offering a variety of solutions to the Zimbabwean market, including motor, home, travel, business, agricultural, and specialized insurance. They are a member of the Masawara Holdings Group and associated with Sanlam, Africa's largest non-banking financial services group.


Zimnat Promotes healthy lifestyles for the Tongaat Community

 

It was a fun-filled and eventful weekend for the Triangle and Hippo Valley communities as Zimnat fully lived up to their commitment to Make life better through a soccer and netball tournament sponsored by the Zimnat Life Assurance division. The tournament commenced on the 2nd of September 2023 with a total of 52 soccer teams and 50 netball teams from both Triangle and Hippo Valley. Weekly knock-out games were held leading up to the finals that were played on Saturday the 14th and Sunday the 15th of October. DJ Greens ‘chimhamha chesugar’ sweetened all the matches with her charismatic nature and unmatched passion for empowering the Tongaat community, this time in partnership with Zimnat Life Assurance. The competing teams and supportive crowds were enamored by the wealth of financial knowledge shared during the tournament by the Zimnat Life Assurance financial advisors and executive management.

 

Saturday, the 14th of October saw the Mufakose and Eastern United soccer teams battle for the Triangle championship whilst Chitepo faced Eastern United as its opponent for the Triangle netball championship. The thrilling and cutthroat finals took place at the prestigious Gibbo stadium in Triangle. The Eastern United teams proudly walked away with the coveted Triangle Championship title for both soccer and netball.

Games played on Sunday at the Chishamiso stadium were just as riveting with the Hippo Valley Mteri FC and Chiefhawk soccer teams battling for the championship title whilst the Lundi Queens and Fortified netball teams also competed for the Hippo Valley championship. The Saturday and Sunday games attracted an impressive crowd with both stadiums filling up and full of lively interactions. These games were aired live on the radio by Avuxeni, a Chiredzi-based radio station.

The Zimnat team came in full support along with Mr Workmore Chimweta, the Zimnat Life Assurance Managing Director. He assured that they will host yet another community-driven tournament in 2024. The key message revolved around ‘ubuntu’ and how this is expressed when we do life together to make life better.

 

The tournament festivities were sealed by a celebratory braai hosted by Zimnat Life Assurance at the vibrant Nandi Stop Over in Chiredzi. A beast was slaughtered for this braai to symbolize the coming together of the Zimnat and Tongaat families. In our culture cattle are a symbol of wealth and the unifying of families. It was thus befitting for this to be a part of the celebrations. Additionally, winning teams walked away with cash prizes worth USD1,500, a full sports kit, and Zimnat branded wear.


Zimnat Promotes Astute Financial Journalism in Zimbabwe

 

Delegates of the Sanlam Summer School for Financial Journalism

In a demonstration of their commitment to promoting financial literacy and empowering young journalists, Zimnat and Sanlam have partnered to send two young journalists from The Herald, Enacy Mapakame and Tapiwanashe Mangwiro, to the week-long Sanlam Summer School for Financial Journalism which is running from the 22nd  up to the 27th of October 2023.

This award comes as Zimnat and Sanlam further showcase the strength of their association, particularly at a time when Sanlam has recently announced a new joint venture with Allianz to further reinforce its position as the largest non-banking financial service group in Africa.

The Sanlam Summer School for Financial Journalism is a prestigious program that equips journalists with the skills and knowledge necessary to report accurately and effectively on financial matters. The program covers various topics, including financial markets, economics, and corporate finance.

Mapakame and Mangwiro were selected for the award based on their demonstrated commitment to financial journalism and their potential to make a significant contribution to the field.

"We are delighted to be partnering with Sanlam to send these two talented journalists to the 20th Edition of the Sanlam Summer School for Financial Journalism," said Zimnat Group Marketing Executive. "This program will provide them with the skills and knowledge they need to report on financial matters in an informative and engaging way for our readers."

"We are proud to be associated with Zimnat in supporting the development of young journalists," said Zimnat Group Marketing Executive, Tatenda Marongwe. "The Sanlam Summer School for Financial Journalism is a unique program that will help these journalists to become leaders in the field of financial journalism."

The learnings of this training will be critical to more astute financial news reporting at such times. With Sanlam's recent announcement of a new joint venture with Allianz, the economic landscape in Africa is set to undergo significant changes. The journalists who attend the Sanlam Summer School for Financial Journalism will be well-equipped to report on these changes and to provide their readers with the insights they need to make informed financial decisions.

Zimnat is a diversified financial services group with interests in Insurance, Life Assurance, Microfinance, and Asset Management, it is associated with the Sanlam Group, Africa’s largest non-banking financial services group.

 


Zimnat dresses up construction men

Zimnat dresses up construction men. In a move that has won the hearts of Zimbabweans, the Zimnat Group, a leading financial services group has launched a heart-warming winter campaign to raise awareness of the importance of financial planning and ensuring one is always adequately covered regardless of age, gender or social standing.

The campaign, launched on one of the coldest days of the 2023 winter season, involved “covering” the iconic statues of “working men” at the Construction House in Harare. The statues were “covered” in Zimnat-branded jackets. Some influencers took to their social media platforms, a picture of the covered statues and Zimnat responded with an underlying message that read “Even the strongest men need cover.”

The campaign’s key message is that everyone needs financial protection, even those who seem to be the most resilient. Many people find themselves under financial strain at some point, hence Zimnat is urging everyone to take steps to protect themselves from the financial hardship phases of life.

“We want to remind everyone that winter is not just about the cold weather,” said Zimnat Marketing Executive, Tatenda Marongwe “It’s a denotation of how seasons vary in people’s lives, including the rise of unexpected financial pressures at some point due to various kind of losses for we are exposed to varying risks. That is why it’s so important to have financial protection in place.”

The Zimnat winter campaign has been met with widespread support from Zimbabweans. Many people have taken to social media praise the company for its thoughtfulness and compassion in giving such a reminder in a creative way.

“This is such a relevant and important message,” said one Twitter user. “It’s so easy to forget that even I can be vulnerable to financial hardship. This is a real inspiration.”

The Zimnat Group winter campaign is a reminder that everyone needs financial protection, no matter how “financially” strong they may seem. By taking steps to protect yourself from varying risks, you can help to ensure that you are prepared for whatever winter may bring.


Zimnat honours sales agents for business success

Zimnat hosted its 2022 edition of the Annual Agents Awards ceremony at an upmarket venue in Harare on Friday 31st of March 2023. The event was to showcase the Zimnat Group’s commitment to recognize, celebrate, and honour the success achieved by agents in its endeavour to make life better. In attendance, were Zimnat sales agents from around Zimbabwe as well as the Group’s executives, management, and representatives from various distribution partners.

Top-performing agents in each of the Group's three business areas, Zimnat General Insurance, Zimnat Life Assurance, and Zimnat Financial Services were recognized for their immense contribution to revenue in the year 2022, which has continued to grow over the years.

The Group CEO, Tinashe Muyambo, in his speech, emphasized that the award-winners’ contributions are nothing less than a mark of passion, perseverance, and dedication. We are proud to have such a loyal and committed team representing our organization and we value your hard work, extensive knowledge, and invaluable experience,” he remarked. He further hailed the agents for their efforts in assisting the growth of the business: Your presence this evening is therefore, a true testament that with determination, endurance, discipline, and the right attitude, you can overcome any and all hurdles that may come your way. Zimnat is looking forward to continuing to Making Life Better by bringing innovative and convenient products to every Zimbabwean”.


Global Credit Rating Agency reaffirms Zimnat’s financial stability

The Global Credit Rating (GCR) has reaffirmed the credit rating for the Zimnat Group’s short-term and life insurance divisions.

The group’s short-term insurance division, Zimnat General Insurance, was accorded an AA+ rating for the 3rd year running. This indicated the insurer's financial stability, and its ability to meet its financial obligations had been deemed "very strong" by the GCR. In addition to Zimnat General Insurance's rating, Zimnat Life Assurance has also received an A- rating from the GCR. The life insurer's financial stability and ability to meet its financial obligations have been deemed "strong".

The re-affirmation of Zimnat's credit ratings is a testament to the company's strong financial performance and commitment to delivering top-notch insurance services to its customers. The AA+ rating for Zimnat General Insurance reflects its strong financial performance and ability to meet its financial obligations in a timely and efficient manner.

The A- rating for Zimnat Life Assurance demonstrates its solid financial performance and ability to meet its financial obligations, but with a slightly lower capacity than Zimnat General Insurance.

The Zimnat Group CEO, Mr. Tinashe Muyambo, had this to say about the re-affirmation of the company's credit ratings: "We are proud to have our financial stability and commitment to excellence recognized by the Global Credit Rating. This re-affirmation of our credit ratings is a testament to the hard work and dedication of our employees, who are committed to making life better for all our stakeholders.”

“This re-affirmation is a positive sign for the company and our customers. It demonstrates our financial stability and ability to meet its financial obligations in a timely and efficient manner,” added Mr Muyambo.

More operational flexibility comes with such a good rating positioning Zimnat as a strong insurer supported by the quest to provide the market with realistic insurance cover products that help clients achieve their set objectives and make their lives better.

Zimnat is a diversified financial group made up of four business units, namely Zimnat General Insurance, Zimnat Life Assurance, Zimnat Financial Services, and Zimnat Asset Management. The group is also associated with the Sanlam group, the largest non-banking financial services group on the continent.- The Herald

 


Stockfeed Funeral Cover

Zimnat partners National Foods to launch Stockfeed Funeral Cover

Zimnat Life Assurance in partnership with National Foods Stockfeed and Gain Cash and Carry has introduced another exciting innovation that is destined to change the manufacturing, retail, and life assurance industry landscape.

The leading Life assurance company, which is a subsidiary of the Zimnat group has partnered with National Foods Stockfeed and leading wholesaler and retailer Gain Cash and Carry to distribute embedded micro-insurance products to chicken farmers which they have aptly named Stockfeed Funeral Cover.

Commenting on the launch of this innovation, Zimnat Life Assurance Managing Director said, “ We are excited to be part of an innovation that will impact the lives of many farmers and households in Zimbabwe. At Zimnat our innovation processes are purely driven by the desire to Make Lives Better and offer solutions to the challenges we have. Our desire is to offer financial security to farmers and in developing this exceptional product I hope we have done our part in improving the livelihoods of many.”

The Stockfeed Funeral Cover is a free optional micro-funeral embedded product that extends a monthly renewable funeral cover benefit to a poultry farmer that buys their National Foods Stockfeed from Gain Cash and Carry stores.

Each 50kg bag of broiler or layer feed purchased provides a customer with a US$100 cover and a client may benefit from up to USD$ 2000 cover. The cover is valid for one month and has no waiting period.

Upon the death of an insured poultry farmer, the nominated policy beneficiaries can claim the  funeral cash pay-out from Zimnat Life Assurance through either one of the following channels: Toll-free number 321, visiting your nearest Zimnat brand, visiting your nearest Gain Cash and Carry outlet and WhatsApp

The Zimnat Group continues to release innovative products into the financial services sector with the aim of making lives better for its customers. Zimnat Life Assurance is a member of the Zimnat group comprised of Zimnat General Insurance, Zimnat Asset Management, and Zimnat Microfinance.

The group is associated with Sanlam, the largest non-banking financial institution on the continent.

 


Zimnat Investments Cluster CEO Elizabeth Rabvukwa speaking at the launch

Sanlam Private Wealth and Zimnat Asset Management Launch Zimnat Wealth International

Zimnat Asset Management has partnered with Sanlam Private Wealth to provide offshore investment capability This opportunity is not limited to individual investors only but also to Pension Funds and Corporates.

Zimnat Asset Management’s unique collaboration with Sanlam Private Wealth seeks to introduce global investment products and solutions to Zimbabwean investors with a view to earning attractive, sustainable, and safe returns on their investments over the long term.

This association enables investors to have access to a platform of leading globally accredited investment funds that cover a diverse range of asset classes. These include 5 Star Morningstar rated Mutual Funds, Exchange Traded Funds, Hedge Funds, Fixed Income Securities, and Capital Guaranteed Structured Products.  Sanlam Private Wealth prides itself on its expertise in creating an individually customized investment portfolio that takes into account the purpose and risk appetite of each client

Commenting on the side-lines of the launch event, Sanlam Private Wealth Managing Director Mr. Mark Muller said, “We are excited to be expanding our relationship with the Zimnat Group, this partnership will open global opportunities for clients who have been yearning to explore investing on the global market.”

Sanlam Private Wealth is a member of the Sanlam Group, a leading global financial services business that has been advising investors globally since 1918. The Group provides comprehensive and tailored financial solutions to individual and institutional clients. The group’s ultimate holding company is listed on the Johannesburg Stock Exchange as well as the Namibian Stock Exchange, with a USD10 billion market cap and USD104 billion asset under management.

The minimum investment amount is USD50k.

Speaking at the launch event held at The Venue Avondale, Zimnat Investments Cluster CEO, Mrs. Elizabeth Rabvukwa, said, “This is a great opportunity for Zimbabwean investors who have free funds and are willing to explore investing in global markets. The relationship between Zimnat Asset Management and Sanlam Private Wealth will provide a secure and safe gateway to invest in offshore markets as Sanlam has been in existence for more than 100 years and Zimnat has also been in existence for more than 75 years”

The Zimnat Group has four main business units, namely general insurance, life assurance, asset management, and microfinance. The group is driven by its mission to make life better. It is associated with the Sanlam Group, the largest non-banking financial institution on the continent.

 


Zimnat Group Agents

Zimnat honours its salesforce in ritzy style

 

Zimnat Group Agents
Zimnat Group CEO Mustafa Sachak (centre) pictured with the award-winning members of the salesforce and  Zimnat executives

 

Zimnat, a leading financial services group has once again painted the city green with the return of its glitzy Annual Agents Awards ceremony. The latest edition was held at the prestigious Cresta Lodge in Harare on Friday the 18th  of March 2022. The glamorous event is hosted annually to recognize and celebrate high-performing sales agents in the group, in line with the Zimnat culture of celebrating success and high performers. The event was attended by sales agents from all over Zimbabwe as well as executives from the group and some of its banking partners.

 

In his welcome remarks, Mustafa Sachak, Zimnat group chief executive officer said it is the company’s culture to always recognize hard work and celebrate it. The annual agents' awards ceremony is the pinnacle of this recognition program.

 

“Whilst the COVID-19 pandemic negatively impacted us from an economic and social perspective, it also helped expedite our digitalization agenda to continue delivering on our promise to our customers. This resolve to make life better extends to how our agent salesforce evolved in a way that has seen us bouncing back with better results in the 2021 financial year. Today we honour those agents that were exceptional within our high-performing salesforce. One of our biggest drivers is exceptional customer service and these people getting awards today have displayed a commitment to both hard work and exceptional service delivery.

 

“By celebrating and encouraging our sales agents and staff we want them to be motivated to provide exceptional service to our clients. We want to empower the company and clients to reach their full potential,” Mr Sachak said.

 

The awards ceremony which was dominated by female agents could not have come at a better time than in the month in which the world is celebrating women. A woman of note was Sheron Mange a life insurance sales agent who was recognized as the top-performing sales agent.  She broke the bias by growing her portfolio by ten times from its 2020 record.

Sheron pictured receiving an award from Zimnat Life MD Workmore Chimweta and flanked by Zimnat Group CEO Mustafa Sachak

Not to be outdone were sales agents in the general insurance and microfinance space, Gardiner Maponga and Godfrey Huseni. Gardiner Maponga has been with the group selling insurance for more than 2 decades and is growing his portfolio consistently same with Godfrey.

 

Zimnat is a diversified financial services group that offers products across the financial and insurance spectrum. It has four business units namely Zimnat General Insurance, Zimnat Life Assurance, Zimnat Financial Services, Zimnat Asset Management, and is associated with the Sanlam Group.