Business
Insurance managers should use expertise to innovate: IIZ – NewsDay
In his welcome remarks during the four-day Insurance Institute of Zimbabwe (IIZ) annual conference in Victoria Falls, IIZ general manager Davison Choeni said top management in insurance had a crucial role to play in shaping the future of insurance.
MANAGERS at insurance firms have been challenged to use wisdom, knowledge, experience, expertise and talent to drive the innovation engine in their business.
In his welcome remarks during the four-day Insurance Institute of Zimbabwe (IIZ) annual conference in Victoria Falls, IIZ general manager Davison Choeni said top management in insurance had a crucial role to play in shaping the future of insurance.
The conference ends today.
“As top management in insurance, we have a crucial role to play in shaping the future of our industry. Our collective wisdom, knowledge, experience, expertise and talent will drive the innovation engine and set the stage for transformative change,” he said.
“Together, we have the power to redefine the insurance landscape and build a future where the twin challenges of low confidence and penetration rates are tackled and insurance becomes a more integral part of people’s lives.”
He said by so doing, this would provider policyholders with the security and peace of mind they deserve.
According to Insurance and Pensions Commission (Ipec), the insurance industry continued to be driven by funeral insurance cover with affordability and awareness being the main barriers.
Choeni, however, said there was a need to address other challenges that lay ahead and identify strategies to overcome them.
“We will need to delve into customer centricity, risk management and regulatory landscape, ensuring that our efforts towards innovation are underpinned by a strong ethical framework and a commitment to delivering value to all our stakeholders,” he said.
IIZ outgoing president Panganai Sanangurai said the industry needed to be alive to the fact that lagging in terms of embracing technology was no longer an option.
“We are running out of time, and we need to embrace innovation at a faster pace than before. It is, however, pleasing to note that the IIZ conference continues to grow. Its attendees cut across Southern Africa and I reckon it will extend across the globe in the near future,” he said.
“It is encouraging that despite the dry times, the industry is operating under, we still have a huge number of students enrolling for our examinations. Most of our stakeholders are still recovering from the effects of the pandemic, and this has affected the number of students registering for the examinations locally. Nevertheless, there has been comfort from our regional centres whose existence continue to strengthen the institute.”
The conference is under the theme The future of Zimbabwean Insurance — Unleashing A New Era of Innovation in Insurance.
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FlyNamibia has announced it will, from April next year, launch flights between Windhoek and Victoria Falls to operate on Tuesdays, Thursdays, and Saturdays between Hosea Kutako International Airport and Victoria Falls International Airport.
The new route is a key element in Zimbabwe’s regional network expansion strategy, FlyNamibia managing director Andre Compion said.
It will also enhance regional connectivity, promote tourism within Namibia and position Windhoek as an alternative gateway to the region.
FlyNamibia’s partnership with Airlink will give it access to the GDS, which will allow it to promote its new flights and packages to markets that were previously beyond reach. The airline is also planning to unveil new routes to Botswana and Angola in the future.
The new flights will effectively more than triple FlyNamibia’s current schedule of regional flights. Compion also revealed that the airline was entering the final phase of preparations for the introduction of flights to Luanda, Angola.
FlyNamibia is a Namibian private airline that mostly plies domestic routes from Eros Airport in Windhoek to Ondangwa, Rundu, Katima Mulilo, Lüderitz, and Oranjemund.
The airline also has a regional route between Hosea Kutako International Airport and Cape Town International Airport. The airline recently became a member of IATA.
This membership will give FlyNamibia access to a number of benefits, including global recognition and acceptance, access to IATA’s global network of airlines and travel agents, and support with marketing and sales.— Business Weekly
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Breaking news – Chronicle
FlyNamibia adds Zimbabwe route
FlyNamibia has announced it will, from April next year, launch flights between Windhoek and Victoria Falls to operate on Tuesdays, Thursdays, and Saturdays between Hosea Kutako International Airport and Victoria Falls International Airport.
The new route is a key element in Zimbabwe’s regional network expansion strategy, FlyNamibia managing director Andre Compion said.
It will also enhance regional connectivity, promote tourism within Namibia and position Windhoek as an alternative gateway to the region.
FlyNamibia’s partnership with Airlink will give it access to the GDS, which will allow it to promote its new flights and packages to markets that were previously beyond reach. The airline is also planning to unveil new routes to Botswana and Angola in the future.
The new flights will effectively more than triple FlyNamibia’s current schedule of regional flights. Compion also revealed that the airline was entering the final phase of preparations for the introduction of flights to Luanda, Angola.
FlyNamibia is a Namibian private airline that mostly plies domestic routes from Eros Airport in Windhoek to Ondangwa, Rundu, Katima Mulilo, Lüderitz, and Oranjemund.
The airline also has a regional route between Hosea Kutako International Airport and Cape Town International Airport. The airline recently became a member of IATA.
This membership will give FlyNamibia access to a number of benefits, including global recognition and acceptance, access to IATA’s global network of airlines and travel agents, and support with marketing and sales.— Business Weekly
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