Online Reporter
Nelson Gahadza
Senior Business Reporter
ZIMBABWE’S insurance industry and professionals should embrace innovation, continuous learning and ethical leadership as the sector undergoes rapid transformation driven by technology and emerging risks.
Speaking at the Insurance Institute of Zimbabwe (IIZ) graduation ceremony held last Friday, the Insurance and Pensions Commission (IPEC) Commissioner Dr Grace Muradzikwa, represented by Ms Mary Takavarasha, insurance manager for prudential supervision, said the future of the industry would depend on professionals who are adaptable, forward-thinking and grounded in integrity.
“The insurance industry is undergoing a profound transformation driven by technology, evolving consumer expectations and emerging risks. The professionals who will thrive in this environment are those who continue to learn, adapt and lead with integrity,” she said.
The ceremony marked a key milestone in the professional journey of Zimbabwe’s insurance practitioners, with over 1 100 candidates sitting for examinations and approximately 75 per cent successfully completing their programmes.
The regulator said the high completion rate reflected discipline, perseverance and commitment among industry professionals.
Dr Muradzikwa noted that the achievement extended beyond individual effort, recognising the role of families, mentors, employers and colleagues in supporting candidates through their studies.
She also commended the IIZ for its central role in strengthening the professional backbone of Zimbabwe’s insurance sector, highlighting its structured qualifications as a key pathway for developing competent practitioners.
Dr Muradzikwa applauded the Institute’s academic collaborations with institutions such as the National University of Science and Technology, Midlands State University and Great Zimbabwe University, which she said enhance academic integrity and align training with global standards.
“As a nation that prides itself on its strong educational heritage, Zimbabwe must continue to safeguard institutions that elevate knowledge, competence and professional credibility,” she said.
Dr Muradzikwa underscored the broader significance of the insurance profession, describing it as a critical pillar of economic stability.
