{"id":40227,"date":"2021-11-05T14:58:38","date_gmt":"2021-11-05T14:58:38","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/?p=40227"},"modified":"2021-11-05T14:32:51","modified_gmt":"2021-11-05T14:32:51","slug":"govt-extols-zic-for-new-product-in-insurance-sector","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/govt-extols-zic-for-new-product-in-insurance-sector","title":{"rendered":"Govt extols ZIC for new product in insurance sector"},"content":{"rendered":"

Africa-Press – Tanzania. <\/strong><\/span>ZANZIBAR\u2019S Permanent Secretary in the President’s Office, Finance and Planning, Dr Juma Malik Akili has commended the current efforts by Zanzibar Insurance Corporation (ZIC) for its creativity in simplifying insurance services to the public- a move he said compliments the government\u2019s efforts in the insurance sector.<\/p>\n

Speaking during the launch of a digital service dubbed VodaBima that is a joint venture between ZIC and Vodacom Tanzania in the Isles yesterday, Dr Akili said the initiative was a testimony that the State-owned company was fully committed to serving its people by taking services closer to them.<\/p>\n

\u201cThrough VodaBima, it is evident that people will be in position to receive services via their mobile phones, thus increasing simplicity and improving the insurance sector.<\/p>\n

Similarly, the Permanent Secretary praised Vodacom Tanzania for the collaboration with ZIC and requested them to widen its services in isles so that more people could enjoy insurance services, as well as other mobile phone services.<\/p>\n

Tanzania Insurance Regulatory Authority (TIRA) Commissioner, Dr Mussa Juma called on other insurance companies to come up with innovative ideas, which would improve service delivery as well as improving distribution channels to reach out to many customers.<\/p>\n

\u201cWe have witnessed the best starting point because initially, we started with financial institutions via bancassurance and now we are going for telephone companies,\u201d he said.<\/p>\n

ZIC Director General, Arafat Haji said apart from joining efforts by the government in improving insurance services in the country, the new initiative by the corporation aimed at ensuring that more people are accessing insurance services closely and timely.<\/p>\n

\u201cThis strategy comes at a time when statistics show that only 30 per cent have access to insurance services, therefore, more efforts are needed and we believe that through VodaBima, which is using a high-tech method through M-Pesa, we are now going to reach out to many people and assure our customers of maximum security in the course of providing our services,\u201d said Mr Haji.<\/p>\n

Earlier, Head of M-PESA Business Development and Marketing, Rashid Tulisindo said through VodaBima his company was eyeing to bridge the gap on the provision of insurance services by reducing the cost of accessing services.<\/p>\n

\u201cThis is the first service of its own in the market and through the service, we are going to simplify insurance services at ZIC as well as services for claiming compensation and currently, we are offering several services depending on the changing markets,\u201d said Mr Tulisindo.<\/p>\n

For More News And Analysis About Tanzania<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Tanzania. ZANZIBAR\u2019S Permanent Secretary in the President’s Office, Finance and Planning, Dr Juma Malik Akili has commended the current efforts by Zanzibar Insurance Corporation (ZIC) for its creativity in simplifying insurance services to the public- a move he said compliments the government\u2019s efforts in the insurance sector. Speaking during the launch of a […]<\/p>\n","protected":false},"author":84,"featured_media":40226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[6990,6991,711],"class_list":["post-40227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press-2","tag-africa-press-tanzania","tag-tanzania"],"yoast_head":"\nGovt extols ZIC for new product in insurance sector - Tanzania<\/title>\n<meta name=\"description\" content=\"ZANZIBAR\u2019S Permanent Secretary in the President's Office, Finance and Planning, Dr Juma Malik Akili has commended the cu ...\" \/>\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\/tanzania\/all-news\/govt-extols-zic-for-new-product-in-insurance-sector\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt extols ZIC for new product in insurance sector\" \/>\n<meta property=\"og:description\" content=\"ZANZIBAR\u2019S Permanent Secretary in the President's Office, Finance and Planning, Dr Juma Malik Akili has commended the cu ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/govt-extols-zic-for-new-product-in-insurance-sector\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-05T14:58:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/11\/img-6185405fc2446.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\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\/tanzania\/all-news\/govt-extols-zic-for-new-product-in-insurance-sector#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/govt-extols-zic-for-new-product-in-insurance-sector\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Govt extols ZIC for new product in insurance sector\",\"datePublished\":\"2021-11-05T14:58:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/govt-extols-zic-for-new-product-in-insurance-sector\"},\"wordCount\":427,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/govt-extols-zic-for-new-product-in-insurance-sector#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/11\/img-6185405fc2446.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Tanzania\",\"tanzania\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/govt-extols-zic-for-new-product-in-insurance-sector#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/govt-extols-zic-for-new-product-in-insurance-sector\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/govt-extols-zic-for-new-product-in-insurance-sector\",\"name\":\"Govt extols ZIC for new product in insurance sector - 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