List Of Insurance Companies In Zimbabwe

List Of Insurance Companies In Zimbabwe. The Republic of Zimbabwe is a landlocked country located in Southern Africa. The country shares borders as well as similar social structures with South Africa, Botswana, Zambia, and Mozambique. Zimbabwe has a population of roughly 15 million people.

There are many important things to note about the economy of Zimbabwe; it has the second-biggest informal economy in the world with 60.6%. The country is categorized as a very poor country, but at the same is one of the fastest-growing economies in the world. Agriculture and mining are two sectors that contribute the biggest share of exports. 

In this article we want to look at the insurance sector in Zimbabwe; we want to list out the insurance companies in the country, as well as find out how they operate. We will also tell you some important factors to consider before choosing an insurance company.

List Of Insurance Companies In Zimbabwe 

• Sanctuary Insurance Company
• Cell Insurance Company
• Old Mutual
• NicozDiamond Insurance Limited
• Tropical Reinsurance
• Quality Insurance Company (Pvt) Ltd
• Credsure
• Safel Insuarance Company
• Export Credit Guarantee Corporation of Zimbabwe
• Grand Reinsurance Company
• SATIB INSURANCE BROKERS
• Health International
• Minerva Risk Advisors
• Alliance Health
• Eureka Insurance Brokers
• Life Offices Association
• CIMAS
• CellMed Health Medical Fund
• Fidelity Life Assurance
• Capitol Insurance Brokers
• Progressive Insurance Brokers
• BonVie Medical Aid Scheme
• Coverlink Micro Insurance
• FBC Insurance
• WFDR Risk Services
• Heritage Life
• Zimnat 
• Pro Health Medical Aid Society
• Gene Insure
• Zimbabwe General Medical Aid Fund
• Zimnat Asset Management
• Coverlink Holdings (Pvt) Ltd
• MedNet Healthcare Consultants
• Steward Health
• Multiblock Investments (Pvt) Ltd
• FBC Reinsurance
• Champion Insurance
• Alliance Insurance (Pvt) Ltd
• PSMAS Zambia
• Hamilton Insurance
• CBZ Insurance 
• Insurance and Pensions Commission (IPEC)
• PSG INSURANCE BROKERS
• Insurance Institute of Zimbabwe (IIZ)

Contact Us Of Insurance Companies In Zimbabwe

• Sanctuary Insurance Company
  • Designation: Insurance Company
  • Company Address: 15 Princes Rd, Harare, Zimbabwe.
  • Company Website: www.sanctuary.co.zw

 

• Cell Insurance Company
  • Designation: Insurance company
  • Company Address: 5th Floor Finsure House 82-84 Kwame Nkrumah Avenue, Cnr Sam Nujoma Harare, Zimbabwe.
  • Company Website: www.cellinsurance.co.zw  

 

• Old Mutual
  • Designation: Life insurance agency
  • Company Address: 100 The Chase, Harare, Zimbabwe.
  • Company Website: www.oldmutual.co.zw

 

• NicozDiamond Insurance Limited
  • Designation: Insurance company
  • Company Address: 30 Samora Machel Ave, Harare, Zimbabwe.
  • Company Website:

 

• Tropical Reinsurance
  • Designation: Insurance Company
  • Company Address: 69 Selous Avenue, Avenues, Harare, Zimbabwe, 69 Selous Ave, Harare 00263, Zimbabwe.
  • Company Website: www.tropicalre.co.zw

 

• Quality Insurance Company (Pvt) Ltd
  • Designation: General Insurance Company
  • Company Address: 98 Palmer Road, Milton Park, Harare, Zimbabwe.
  • Company Website: www.qualityinsurancecompany.com

 

• Credsure
  • Designation: Insurance agency
  • Company Address: Sam Nujoma St, Harare, Zimbabwe.
  • Company Website: www.credsure.co.zw

 

• Safel Insuarance Company
  • Designation: Insurance Company
  • Company Address: 2 Rudland Ave, Harare, Zimbabwe.
  • Company Website: www.safelinsurance.co.zw

 

• Export Credit Guarantee Corporation of Zimbabwe
  • Designation: Insurance Company
  • Company Address: No 6 Earls Road Alexandra Park, Harare, Zimbabwe.
  • Company Website: www.ecgc.co.zw

 

• Grand Reinsurance Company
  • Designation: Insurance Company
  • Company Address: 12 Duthie Road Belgravia Harare, Zimbabwe. 
  • Company Website: www.grandre.co.zw

 

• SATIB INSURANCE BROKERS
  • Designation: Auto insurance agency
  • Company Address: 12A Stuart Avenue, Pomona, Borrowdale, Harare, Zimbabwe.
  • Company Website: www.satib.co.za › country-office-zimbabwe-harare

 

• Health International
  • Designation: Health insurance agency
  • Company Address: 23 Kenilworth Road, Harare, Zimbabwe.
  • Company Website: www.healthinternational.co › contact-us

 

• Minerva Risk Advisors
  • Designation: Insurance broker
  • Company Address: 2 Kenilworth Road, Harare, Zimbabwe.
  • Company Website: www.minerva.co.zw › contact

 

• Alliance Health
  • Designation: Health insurance agency
  • Company Address:  7 Oak Avenue, Surbubs Off 12th Avenue. Bulawayo. Zimbabwe.
  • Company Website: www.alliancehealth.co.zw 

 

• Eureka Insurance Brokers
  • Designation: Insurance broker
  • Company Address: 5 Bates Street Milton Park, Harare, Zimbabwe.
  • Company Website: https://nyaradzo.co.zw/

 

• Life Offices Association
  • Designation: Insurance company
  • Company Address: Lloyd Rd, Harare, Zimbabwe.
  • Company Website: loa.co.zw

 

• CIMAS
  • Designation: Health insurance agency
  • Company Address: Cimas House, Borrowdale Office Park, Borrowdale Road, P.O Box 1243, Harare, Zimbabwe.
  • Company Website: www.cimas.co.zw › contact-us

 

• CellMed Health Medical Fund
  • Designation: Health insurance agency
  • Company Address: Union Ave, Harare, Zimbabwe.
  • Company Website: www.cellmed.co.zw

 

• Fidelity Life Assurance
  • Designation: Insurance Company
  • Company Address: 66 Julius Nyerere Way, Harare, Zimbabwe.
  • Company Website: www.fidelitylife.co.zw › contact-us

 

• Capitol Insurance Brokers
  • Designation: Insurance Company
  • Company Address: Capitol House, 8 Campbell Rd, Harare, Zimbabwe.
  • Company Website: www.capitol.co.zw › contact

 

• Progressive Insurance Brokers
  • Designation: Insurance broker
  • Company Address: Harare South, Zimbabwe.
  • Company Website: progressiveholdings.co.zw

 

• BonVie Medical Aid Scheme
  • Designation: Health insurance agency
  • Company Address: 8 Mount Pleasant Dr, Harare, Zimbabwe.
  • Company Website: www.bonvie.co.zw  

 

• Coverlink Micro Insurance
  • Designation: Insurance Company
  • Company Address: 10 Cumberland Rd, Harare, Zimbabwe.
  • Company Website: coverlinkmicroinsurance.co.zw

 

• FBC Insurance
  • Designation: Insurance Company
  • Company Address: Eagle House, 105 Jason Moyo Avenue/4TH Street, Harare, Zimbabwe.
  • Company Website: www.fbc.co.zw › insurance

 

• WFDR Risk Services
  • Designation: Insurance broker
  • Company Address: Ground Floor, Block 3, West Wing, Celestial Park, Borrowdale Rd, Harare, Zimbabwe.
  • Company Website: www.wfdr.co.zw

 

• Heritage Life
  • Designation: Insurance Company
  • Company Address: 44 Central Ave, Harare, Zimbabwe.
  • Company Website: heritagelife.co.zw

 

• Zimnat 
  • Designation: Insurance Company
  • Company Address: Zimnat House Cnr 3rd St &, Nelson Mandela Avenue, Harare, Zimbabwe.
  • Company Website: www.zimnat.co.zw

 

• Pro Health Medical Aid Society
  • Designation: Health insurance agency
  • Company Address: 60 Livingstone Ave, Harare, Zimbabwe.
  • Company Website: prohealth.co.zw

 

• Gene Insure
  • Designation: Insurance Underwriting Company
  • Company Address: ZB Centre, 4th Floor South Wing, Cnr First St and, Union Ave, Harare, Zimbabwe.
  • Company Website: www.gene.co.zw

 

• Zimbabwe General Medical Aid Fund
  • Designation: Health insurance agency
  • Company Address: Moonlight Building, 5th Street, Gweru, Zimbabwe.
  • Company Website: www.zimgeneral.co.zw

 

• Zimnat Asset Management
  • Designation: Insurance / Investment/ Annuity
  • Company Address: 17 Plover Road, Mount Pleasant Dr, Harare, Zimbabwe.
  • Company Website: www.zimnat.co.zw

 

• Coverlink Holdings (Pvt) Ltd
  • Designation: Insurance Company
  • Company Address: Harare, Zimbabwe
  • Company Website: www.coverlinkholdings.com

 

• MedNet Healthcare Consultants
  • Designation: Insurance agency
  • Company Address: 64 Churchill Avenue Alexandra Park, Harare, Zimbabwe.
  • Company Website: www.mednet.co.zw

 

• Steward Health
  • Designation: Health insurance agency
  • Company Address: 101 Union Ave, Harare, Zimbabwe.
  • Company Website: www.stewardhealth.co.zw

 

• Multiblock Investments (Pvt) Ltd
  • Designation: Insurance agency
  • Company Address: Bay 3, St James Building, Borgward Rd, Harare, Zimbabwe.

 

• FBC Reinsurance
  • Designation: ReInsurance company
  • Company Address: 45 Nelson Mandela Avenue, Harare, Zimbabwe.
  • Company Website: www.fbc.co.zw

 

• Champion Insurance
  • Designation: Corporate office
  • Company Address: No. 1 Mold Crescent, Kensington Harare Zimbabwe.
  • Company Website: www.championsinsurance.co.zw

 

• Alliance Insurance (Pvt) Ltd
  • Designation: Corporate office
  • Company Address: 66 Ridgeway North, Borrowdale, Harare, Zimbabwe.
  • Company Website: aic.co.zw

 

• PSMAS Zambia
  • Designation: Health insurance agency
  • Company Address: Makishi Rd, Lusaka, Zambia.
  • Company Website: www.psmas.co.zm

 

• Hamilton Insurance
  • Designation: Corporate office
  • Company Address: 97 Churchill Ave E, Harare, Zimbabwe.
  • Company Website: www.hamiltoninsurance.co.zw

 

• CBZ Insurance 
  • Designation: Corporate office
  • Company Address: Harare, Zimbabwe
  • Company Website: www.cbz.co.zw

 

• Insurance and Pensions Commission (IPEC)
  • Designation: Regulatory Body.
  • Company Address: 160 Rhodesville Ave, Harare, Zimbabwe.
  • Company Website: ipec.co.zw

 

• PSG INSURANCE BROKERS
  • Designation: Insurance broker/ financial planner/ investment adviser
  • Company Address: Bulawayo, Zimbabwe.
  • Company Website: www.psg.co.za

 

• Insurance Institute of Zimbabwe (IIZ)
  • Designation: Insurance Training Facility
  • Company Address: 41 Caithness Road Eastlea Harare Zimbabwe.
  • Company Website: iizim.co.zw

Choosing an Insurance Company In Zimbabwe

Before choosing an insurance company it is important to do some assessment in order to find out where you are most exposed to risk. As 60% of the Zimbabwean economy is sourced from the informal sector it is possible that you are engaged in this sector of the economy. It is therefore important that you get yourself some kind of investment savings scheme or annuity which is sometimes offered by life insurance companies, or other times by investment companies. 

Another important sector in the Zimbabwean economy is agriculture, due to the vast arable land which is well watered by the Zambezi River. If you are employed in agriculture then you must consider getting for yourself some kind of agricultural insurance cover, such as is offered by many general insurance companies. Please note that you are not just seeking for protection against crop failure by disease, but also from crop failure due to shocks from the weather. Please look for agricultural insurance policies that cover you from damage during storage and during transportation. Animal farms are also included.

If you are employed in the mining industry, please do not wait until you are faced with a serious injury due to an accident on the mining site. Seek life and health insurance immediately. Sometimes you can pay the premium by yourself, or at other times you can contribute towards the premium with your employer. Talk to your employer immediately to set up a health and life insurance policy. 

Read Also: 

• Top 10 Most Dangerous Countries In Africa
• List Of Insurance Companies In Uganda
• List Of Insurance Companies In Lagos
• Top 10 Hottest Countries In Africa
• Top 10 Highest Currencies in Africa

Closing On The List Of Insurance Companies In Zimbabwe

Zimbabwe is just starting to find its economic feet, and that may be a reason why most citizens do not yet have any form of insurance. However, a country that hopes to boost economic activity absolutely must provide cover against risk. The insurance industry has to be encouraged, and strictly monitored so as to provide quick settlement of claims.