Big field for IIZ golf day

HARARE - At least 150 golfers converged at Chapman Golf Club on Friday to battle for honours at the Insurance Institute of Zimbabwe (IIZ) annual corporate golf day.

The individual stableford scoring event, hosted golfers from 36 firms and saw George Nyakudya, Chris Muyeye, Bethrod Madziva emerge amongst the nearest to the pin winners in hole three, seven and 13.

Sekai Chirume and Durrican Tsangamwe scooped prizes for longest drive for holes number 15 and 14 respectively.

Apart from the thrill of the greens, the event offered companies an opportunity to network.

“This is one of our highlights of our year, where we interact together with our suppliers and other partner within the insurance family,” said IIZ president Lovemore Gomera.

“Golf really is a networking event. The economy at the moment is not where we would want it to be so part of the reason we hold this golf day is to share ideas.

“Remember we are competitors and we also complement each other in one way or the other.  So getting those ideas out, innovations and getting feedback from our clients will actually improve us and in the process add value to the economy.”

Insurance sector is one of the segments hit hardest by the country’s economic meltdown.

“Whilst deposable income has dwindled, a lot of companies are retrenching and the take up of insurance cover has dwindled because they don’t have the money," Gomera said.

“One of the problems we have been having is the payment of premiums. We have a high list of debtors. People and companies want insurance but can’t afford to pay. As an industry we have tried to come up with innovation in terms of helping the client out there is not prejudiced.”

IIZ is registered by the Ministry of Higher Education in Zimbabwe. It was set up by the insurance industry associations in Zimbabwe.

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