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Business Reporter
AT least 400 delegates are expected to attend the 18th edition of the Insurance Congress for Developing Countries (ICDC) to be hosted by Zimbabwe in the resort town of Victoria Falls in September.The international conference for insurance executives from developing countries across the globe will be held from September 27 to October 2 under the theme “Insurance TRENDS, opportunities and challenges in Developing Economies”.
“The theme of the congress is very appropriate as all stakeholders in the insurance industries in developing countries are seriously concerned about the present trends,” said Association of Insurers and Reinsurers of Developing Countries, (AIRDC) president Dr Jagath Alwis.
“The theme and topics have therefore been chosen to provide solutions to these challenges and to highlight opportunities for growth in the sector.”
The annual congress, a brainchild of the member-based insurance organisation, brings together insurance executives and experts to share best practice and discuss common issues affecting insurance business in their countries.
It also offers business networking opportunities for insurance companies and creates an enabling platform for partnerships, new product development ideas and strengthening of ties among companies in the sector.
This year’s congress, which is being held in Zimbabwe for the first time, comes at a time when the sector is facing major challenges including issues of capacity, insurance penetration challenges, changes in customer expectations and demands and regulatory changes.
Victoria Falls was chosen as the congress venue to enable delegates to experience one of the world’s natural wonders.
The chairperson of the ICDC Zimbabwe Organising Committee and managing director of Nicoz Diamond, Grace Muradzikwa, said: “The local insurance industry is delighted and privileged to host the ICDC and we look forward to the sharing of knowledge and the business opportunities that will be created not only for the insurance sector, but also for other sectors in the economy.
“We also urge local companies that want to partner with the insurance industry in hosting the congress to come forward as there are many branding opportunities to be gained from partnering with us in hosting this conference.”
Online Reporter