HomeNewsZim hosts continental insurance conference

Zim hosts continental insurance conference

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Zimbabwe will in May this year host the 38th edition of the African Insurance Organisation (AIO) conference in Victoria Falls.

The conference, to be held from 21-26 May under the theme “Uninsured Africa” is expected to bring together at least 500 delegates from the continent and beyond.

Chairman of the organising committee and AIO vice-president Solomon Tembo said they were looking forward to hosting the event.

“We are ready to host the delegates to the conference,” said Tembo.

“The event is important not only to the insurance industry but to the economy as a whole.”

He said the insurance industry was excited at the prospects of hosting the conference as it would generate business especially for the tourism industry in Victoria Falls.

AIO is a non-profit professional association which brings together insurers, brokers, supervisory authorities and training centres from 49 countries.

This will be the third time the country hosts the event after successfully doing so in 1988 and 1994.

AIO secretary-general Prisca Soares, who was in the country to check on the preparations of the event, expressed satisfaction.

“The hotels that I have visited are of international standard and I have no doubt in my mind that come May this year, Zimbabwe will be able to successfully host the event,” said Soares.

She said there were areas that still needed perfection which the organising committee will soon attend to.

Among some of the issues the conference will explore are reasons for low uptake in insurance products by Africans.

AIO has associate members from countries outside the African continent including Dubai and Germany.

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