Economy

Octagon Zambia launches, promises financial risk solutions

0

Octagon Zambia Insurance Brokers (OZIB) has announced the expansion of its operations in the country.

Board Chairman, Charles Mate, said the company decided to expands its strategic venture in Zambia to provide comprehensive broking insurance solutions.

Read more: Platform for SMEs to engage with stakeholders on operational limitations created

Mate said in Lusaka on Thursday that they would strive to provide solutions for financial risks.

He stated that as a broker, it is the company’s duty to understand the client’s situation, needs, and desires to find the best insurance policy within their budget as well as helping them choose the right insurance plan.

Mate further stated that the company would help its clients navigate between insurance policies, many of which have subtle differences, to ensure they choose the most optimal plan for their unique needs.

Speaking at the same event, company’s Africa Group Chief Executive Officer, Fred Waswa, said the insurance broking line has been in full swing in other region and saw it only logical to extend the strategic venture to Zambia.

Meanwhile, Pensions and Insurance Authority Manager, Market Development, Yizaso Musonda is confident that the institution will provide a valuable contribution to the industry.

“Furthermore, we would like to take this opportunity to emphasize that the Zambian government is fully committed to creating a conducive environment for the growth and development of the insurance industry” she said.

Contributed by Augustine Sichula

WARNING! All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express permission from ZAMBIA MONITOR.

ZESCO, CiEG sign Power Purchase Agreement to produce 2,400 megawatts renewal energy

Previous article

Banda-Oritz: Living life in the world of corporate social responsibility

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Economy