Local Insurers Urged To Create Local Model

Bryte Insurance CEO, Dziki Nganunu
Bryte Insurance CEO, Dziki Nganunu

Local insurers have been urged to create innovative products that are suited to the local market.

Speaking at the Canada Africa business conference recently, Bryte Insurance CEO Dziki Nganunu said even though the local insurance market is competitive, most of the policies were designed for the formally employed population.

“Most policies are designed for people with monthly or annual salary, leaving out the majority of the ones who are not formally employed but do need insurance,” Nganunu said.

Editor's Comment
Stay safe this holiday season

However, amidst the happiness, it is crucial to remember that the holidays can also bring unforeseen challenges. From increased traffic and travel hazards to heightened risks of accidents and social unrest, the festive period demands heightened awareness and responsible behaviour.Traffic congestion and accidents are a common occurrence during the holidays. With increased travel, roads become busier, leading to a higher risk of collisions. Alcohol...

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