Top Insurance Companies in Zimbabwe: The Complete 2025 Guide

July 13, 2025July 10, 2025 by gustavo

Navigating the financial protection market in Zimbabwe can be challenging. Whether you’re seeking comprehensive health plans, safeguarding your business assets, or securing your family’s future with life assurance, choosing the right provider is crucial. This guide provides a clear and updated list of the leading carriers in Zimbabwe to help you compare your options and make an informed decision.

The companies listed below are categorized by their primary services, from broad-spectrum general providers to specialized medical aid societies and global risk advisors.

Leading Insurance Companies in Zimbabwe

Below is a list of the most relevant carriers and brokers operating in the Zimbabwean market. They have been categorized to simplify your search.

(Note: This list includes firms with a direct presence in Zimbabwe, as well as those that operate across Africa, offering services through local partners or brokers.)

All Insurers

Auto, Home & Life Providers
Health Insurance Providers
Specialty Lines & Global Reinsurance
Insurance Brokers & Risk Advisors
Other Financial Institutions (Banks)
Other Financial Institutions (Motoring Clubs)
Retirement Savings
Planes & entidades gubernamentales

Old Mutual

Offers a broad spectrum of protection, investment, and banking services.

Cell Insurance

Provides a variety of general, life, and health plans for individuals and groups.

National Social Security Authority (NSSA)

Manages the national pension scheme and a workers' compensation fund for Zimbabwe.

CBZ Holdings

Delivers a diverse range of financial products, including life, non-life, and reinsurance services.

NicozDiamond

Provides a comprehensive range of short-term policies for personal and commercial needs.

Zimnat

A leading provider of general products, including motor, home, and business cover

Zimre

A diversified investment holding company with core competencies in risk management and property.

Alliance

Specializes in a wide array of short-term products for personal and corporate clients.

First Mutual Life Assurance

Provides life, pensions, and medical savings products for individuals and employee benefits solutions.

Champions Insurance

Offers a range of short-term policies with a focus on risk management solutions.

Fidelity Life Logo

Fidelity Life Logo

Specializes in life assurance, employee benefits, and asset management services.

AA Zimbabwe

Provides roadside assistance, vehicle licensing, and various motor-related protection products

Emeritus Reinsurance

A key player in the reinsurance market, providing support to direct carriers.

ZB Reinsurance

Provides reinsurance services to primary insurers across various classes of business in Zimbabwe.

FBC Reinsurance

Offers a broad range of reinsurance solutions to the local and regional insurance industry.

Grand Reinsurance

Offers a variety of reinsurance treaties and facultative placements to the insurance market.

BonVie Medical Aid Scheme

Provides a range of affordable and comprehensive medical aid plans.

Stanbic Bank

Provides a range of financial products, including funeral cover and credit life assurance.

Willis Towers Watson brokers

Provides risk management, brokerage, and advisory services to corporate clients.

Generation Health

A Zimbabwean medical aid fund offering flexible and innovative healthcare plans for every lifestyle

CIMAS Medical Aid Society l

A leading medical aid society offering a range of health insurance plans for members.

AFC Insurance

Provides a variety of protection products to the agricultural sector and other industries.

Cred Sure Insurance

Specializes in credit protection, bonds, and guarantee services for businesses.

Minerva Risk Advisors

Provides risk management, brokerage, and employee benefits consulting services.

Pacific Prime

Offers international health plans in the region.

Understanding the Financial Protection Landscape in Zimbabwe

Choosing a provider is a significant decision. Zimbabwe’s economic environment and healthcare system underscore the importance of having reliable coverage. A robust policy can provide financial stability in the face of unforeseen events, from health emergencies to asset loss. When selecting a carrier, it is essential to consider their financial strength, reputation for paying claims, and the suitability of their products for your specific needs.

The Insurance and Pensions Commission (IPEC) is the statutory body established to regulate the country’s risk management and pensions industry. Its primary objective is to develop the industry for the protection of policyholders and pension fund members’ interests.

How to Choose the Right Provider

Understand the Policy: Before signing, read the policy document carefully to understand the terms, conditions, exclusions, and deductibles.
Assess Your Needs: Determine the type of protection you require. Is it for your car, home, health, life, or business?
Compare Quotes: Don’t settle for the first offer. Request quotes from several companies to compare prices and coverage levels.
Check Financial Strength: Look for firms with a strong financial rating and a long history of stability.
Read Reviews & Ask for Referrals: Customer service and claims processing are critical. Check online reviews and ask for recommendations.

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