{"id":52756,"date":"2023-12-24T20:34:21","date_gmt":"2023-12-24T20:34:21","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/aimo-favours-growing-insurance-market-in-mozambique"},"modified":"2023-12-24T21:18:19","modified_gmt":"2023-12-24T21:18:19","slug":"aimo-favours-growing-insurance-market-in-mozambique","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/aimo-favours-growing-insurance-market-in-mozambique","title":{"rendered":"AIMO favours growing insurance market in Mozambique"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>The Industrial Association of Mozambique (AIMO) participated in the second edition of the insurance market I\u0301ndico, during which various aspects related to the insurance sector in Mozambique were discussed, including the current state of play in that market.<\/p>\n<p>In the discussions, AIMO identified a variety of challenges that affect the access of small and medium-sized companies in the industrial sector of the insurance market, among which the following stand out.<\/p>\n<p>1. Poor communication and information about products and poor financial and insurance literacy. Many companies in the industrial sector do not have adequate knowledge about the insurance products available on the market or access to essential information to make well-informed decisions in this area.<\/p>\n<p>2. Competitive pricing. The high costs associated with insurance premiums have been a significant challenge for industrial companies, particularly small and medium-sized businesses. The market needs to look for solutions that enable more affordable prices, allowing a greater number of companies to have access to adequate coverage.<\/p>\n<p>3. Insurance lines at banks. The availability of insurance lines at banking institutions was identified as a limiting factor for the access of small and medium-sized industrial companies to the insurance market. It is essential that mechanisms are created that facilitate obtaining insurance through these institutions, making the process more inclusive and simplified.<\/p>\n<p>AIMO recognizes the importance of the insurance sector for the sustainable development of industries in Mozambique. The association regularly seeks close collaboration with stakeholders to overcome these challenges and promote a more favourable environment for the participation of small and medium-sized companies in the industrial insurance market.<\/p>\n<p>The second edition of the I\u0301ndico Conferences was held under the theme, \u2018Insurance Market in Mozambique: Catching Up with Mega-Projects\u2019 [Mercado de Seguros em Moc\u0327ambique: Acertar o Passo dos Mega-Projectos]. Its main debate featured Ragendra de Sousa, former Minister of Industry and Commerce, representatives from ISSM, BCI, CIP Researcher, Emose and the Industrial Association of Mozambique. On the occasion, the latter entity shared some proposals that envisage the transformation of the national industrial sector into the extractive Industry segment, increasing local content, leadership of development projects which are implemented in Mozambique, among other topics.<\/p>\n<p>AIMO is committed to continuing to support events such as the Indian Ocean conferences, which promote the exchange of knowledge and experiences relevant to the industrial and insurance sector.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. The Industrial Association of Mozambique (AIMO) participated in the second edition of the insurance market I\u0301ndico, during which various aspects related to the insurance sector in Mozambique were discussed, including the current state of play in that market. In the discussions, AIMO identified a variety of challenges that affect the access of [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":52754,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-52756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>AIMO favours growing insurance market in Mozambique - Mozambique<\/title>\n<meta name=\"description\" content=\"The Industrial Association of Mozambique (AIMO) participated in the second edition of the insurance market I\u0301ndico, duri ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/aimo-favours-growing-insurance-market-in-mozambique\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AIMO favours growing insurance market in Mozambique\" \/>\n<meta property=\"og:description\" content=\"The Industrial Association of Mozambique (AIMO) participated in the second edition of the insurance market I\u0301ndico, duri ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/aimo-favours-growing-insurance-market-in-mozambique\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-24T20:34:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-24T21:18:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/12\/sm_1703439712.104408.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"960\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/aimo-favours-growing-insurance-market-in-mozambique#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/aimo-favours-growing-insurance-market-in-mozambique\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"AIMO favours growing insurance market in Mozambique\",\"datePublished\":\"2023-12-24T20:34:21+00:00\",\"dateModified\":\"2023-12-24T21:18:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/aimo-favours-growing-insurance-market-in-mozambique\"},\"wordCount\":403,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/aimo-favours-growing-insurance-market-in-mozambique#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/12\/sm_1703439712.104408.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/aimo-favours-growing-insurance-market-in-mozambique#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/aimo-favours-growing-insurance-market-in-mozambique\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/aimo-favours-growing-insurance-market-in-mozambique\",\"name\":\"AIMO favours growing insurance market in Mozambique - 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