Insurance sector needs to embrace innovation: IIZ

THE insurance sector should embrace innovation through new technologies which are key drivers of change in the financial services sector, the Insurance Institute of Zimbabwe (IIZ) has said.

The insurance industry has been lagging in terms of digital innovation, but the emergence of COVID-19 saw the sector taking baby steps towards technology.

IIZ president Panganai Sanangurai told the institute’s winter school in Nyanga yesterday that the insurance industry can only thrive through connectivity, innovation and inclusiveness.

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