Local Insurers Urged To Create Local Model

Bryte Insurance CEO, Dziki Nganunu
Bryte Insurance CEO, Dziki Nganunu

Local insurers have been urged to create innovative products that are suited to the local market.

Speaking at the Canada Africa business conference recently, Bryte Insurance CEO Dziki Nganunu said even though the local insurance market is competitive, most of the policies were designed for the formally employed population.

“Most policies are designed for people with monthly or annual salary, leaving out the majority of the ones who are not formally employed but do need insurance,” Nganunu said.

Editor's Comment
A step in the right direction

It has only been a month since the newly elected government, the Umbrella for Democratic Change (UDC), took power, and there are already a lot of changes. Across different ministries, ministers are hard at work. Following heavy rainfall and storms that hit Francistown recently, the Minister of State Presidency, Moeti Mohwasa, made a commitment that government will assist those affected by the heavy rains. Mohwasa, when addressing the media in...

Have a Story? Send Us a tip
arrow up