Articles tagged 'lloyd gumbo'

Funeral assurers should embrace technology: Ipec 15 December 2018 HARARE - The Insurance and Pensions Commission (Ipec) has urged funeral assurers to take advantage of new technologies to increase business. In a statement accompanying its funeral assurers report for the half year ended June 2018, the regulator said funeral assurers should take advantage of m...
Ipec warns errant legal aid societies 10 December 2018 HARARE - The Insurance and Pensions Commission (Ipec) has railed against legal aid societies that are selling insurance without being licensed to do so. According to Ipec, operating an insurance business, such as legal aid societies, without being registered is a punishable offence in terms of...
Insurance brokers dream again 24 September 2018 HARARE - Insurance Brokers are targeting to double their market share to 80 percent within the next two years on the back of anticipated increased economic activity. The brokers, who are regulated by the Insurance and Pensions Commission (Ipec) and offer advice to prospective policy holders wh...
$30m unclaimed pensions 18 September 2018 HARARE - About $30 million is lying idle in unclaimed pensions as close to 50 000 pensioners have not been collecting their monthly pension pay-outs, an Insurance and Pensions Commission (Ipec) official has said. Ipec public relations officer Lloyd Gumbo last week said the insurance sector reg...
Ipec enforces new actuarial rules 21 March 2018 HARARE - The Insurance and Pensions Commission has issued a stern warning saying all insurance companies should engage actuaries for key validation on their activities or face serious consequences. The development comes at a time when some insurance companies and pension funds are said to be s...
Insurance policyholder protection fund on cards 20 March 2018 HARARE - Government is pushing for a legislative framework which will  pave way for the establishment of a policyholder protection fund for the insurance industry in a bid to enhance consumers' protection, the insurance and pensions regulator disclosed last week. It aims to protect the interes...
Moyo sues Zimpapers for $9m 25 November 2016 HARARE - Higher Education minister Jonathan Moyo is suing Zimbabwe Newspapers Group (Zimpapers), which is majority-owned by the government, for $9 million, after newspapers under the stable allegedly maligned the minister through false and defamatory articles, according to a court filing. In p...