Self-service

ZHL adopts new business model for CredSure

1,146 Comments / Uncategorized / By

Harare, Zimre Holdings (ZHL) has re-modeled the business thrust of CredSure to become an underwriting management agency as the group among other things seeks to lower business acquisition costs.

Group chief executive officer Stan Kudenga said at an analyst briefing that the transaction was consummated at a cost of $1.5 mln.

“People may ask why we are going into CredSure when exited NicozDiamond and carry on the same model?

“The bottom-line is that CredSure is going with a different model. At NDI we were following completely a different model hence CredSure is now going for what we call underwriting management agency,” he said.

He said at CredSure, the number of staff has since been cut down to less than 10 from almost over 30 in line with the new model.

“We are investing in IT, which is going to allow us to create entrepreneurs out of our business model and we are going to focus on specialized areas,” he said.

Kudenga said under the current industry environment, the major component that is key is business acquisitions costs, that is in terms of commission and everything and this comes from the broker power.

He said most brokers now have so much power and on direct broker commission, when it comes to re insurance its worse hence at the end of the day you end up seeing that for every dollar, every 50% is going to the broker.

“There is no business that can survive in that way before even factoring other costs.  To that end, CredSure now getting into direct business acquisition and we will make sure that we provide specialized areas,” he said.

CredSure has been the only company which has the minimum business acquisition costs according to IPEC quarterly statistics.

“We also want to go into engineering, construction directly, in terms of business acquisition, so the model is not to replacing NDI. Structurally we had issues with NDI,” he said.

Information on its website is that CredSure was established in 1965 by a Consortium of Banks, Insurance,Reinsurance Companies in partnership with the Industrial Development Corporation (IDC) to among other objectives:-

 Promote Zimbabwe exports by protecting exporters from commercial/political payment risks. 

Facilitating Export finance by cession of Credit Insurance Policies to Financial Institutions and Suppliers. 

Promote Domestic business by protecting against commercial payment risks.

The company is also a specialist provider of Construction Bonds and Guarantees As of the first of November 2007, CredSure decided to extend its business to include short-term insurance classes.

1,146 thoughts on “ZHL adopts new business model for CredSure”

  10. steally

    The investigators concluded that for PMW with endocrine sensitive early breast cancer, both approaches are appropriate, and further translational research in the trial population may identify patients who could benefit more from one strategy over the other lasix vs bumex com 20 E2 AD 90 20Se 20Puede 20Tomar 20Metformina 20Y 20Viagra 20 20Hims 20Generic 20Viagra 20Reviews hims generic viagra reviews Orszag and Bridgeland offer infuriating examples, drawn from experience, of programs that were either useless or at best questionable and yet continued to get billions because somebody knew somebody and every item sounded like a good idea

  23. DyncCoece

    As you’ve probably noticed, there is a heavy emphasis on cryptocurrency options at Super Slots, as it’s one of the best crypto gambling sites. Minimumdepositcasinos.org brings you accurate and up to date information from the best Online casinos from around the world. Created by a team of online casino experts, Minimum Deposit Casinos aims to find you the best bonuses and promotions from top casinos in the industry give you the best value for money. These days, it is very hard to find a no wagering deposit bonus. New casinos that wish to attract business may run small, limited time promotions of this kind. But the problem is, these deals attract the type of person who seeks to abuse the good nature of the casino. As a result, it’s not worth the trouble for the casino management team, so such offers are increasingly rare. http://www.peacechatter.com/community/profile/dallasamadio06/ Your purchase is NOT Warranty Protected if: You can email the site owner to let them know you were blocked. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Best 5 Slot Games Colegio Yapeyú, San Juan 444, Corrientes, Argentina. Tel: 0379-4420071 – Powered by WordPress. Some products may be packaged and shipped separately without any extra freight cost for you. We can not guarantee delivery dates and accept no responsibility for products that are delivered after the estimated delivery date due to force majeure or acts of God. Looking for Volcano Riches slot free spins deposit bonus 2022? рџЊ‹ Read our review and get 100 Free Spins welcome bonus for real money play. Looking for Volcano Riches slot free spins deposit bonus 2022? рџЊ‹ Read our review and get 100 Free Spins welcome bonus for real money play.

  47. nirespeem

    Ce site web est pour vous. Vous trouverez ici des informations et renseignements utiles, dans le cadre d’un processus de demande de licence de producteur de cannabis médical ou à des fins récréatives. La variété féminisée OG Kush trouve son origine dans le nord de la Californie. L’appellation OG signifie « Ocean Grown » et il s’agit d’un croisement entre les génétiques Hindu Kush et Lemon Thai. Les graines OG Kush se développeront en un plant de marijuana dense avec beaucoup de bourgeons cristallins dégageant une odeur de citron. Les bourgeons auront la structure distinctive des « Kush » qui permet, lorsque le plant est cultivé à l’extérieur, une production de 675 grammes par mètre carré. Bien que l’OG Kush soit une variété principalement indica, ses feuilles sont assez semblables à la sativa. https://jaspersndt764219.designi1.com/34986377/marijuana-and-memory-effects This isn’t to say your plant will stop growing and only produce flower at this point. On average, plants will double in height after the begin the flowering stage both indoors and out. When growing outdoors, however, it’s extremely important plants aren’t exposed to light during the 12 hours they’re supposed to be in darkness. Even streetlights or floodlights can disrupt the flowering period. So, if you’ve got that neighbor who leaves on a floodlight all night that shines on your plants, you might want to see if they’d be willing to put it on a sensor. It’s important to note that all of the research on cannabis DLI, cannabis PAR levels, cannabis CO2 and every other lighting aspect won’t be able to exactly cover the needs of your specific plants in your individual setup. There are many other factors such as the grow room temperature, spectral light distribution, amount and quality of water, nutrients, cannabis genetics, and many more that have an influence on how well your marijuana plants grow.

  64. Heicamb

    Ruletka to gra losowa, w której najważniejszym czynnikiem decydującym o zwycięstwie jest szczęście. Pozostałym elementem jest procentowa przewaga kasyna nad graczem, jednak zależy od odmiany ruletki. W przypadku ruletki w wersji europejskiej i francuskiej przewaga kasyna wynosi 2,7%, natomiast dla wersji amerykańskiej przewaga ta wzrasta aż do 5,26%. Total Casino posiada ciekawy bonus powitalny, który można wykorzystać także w grze polska ruletka. Aby go zdobyć wystarczy zarejestrować się jako nowy gracz w kasynie, dokonać pierwszego depozytu oraz zaakceptować bonus. Bonus posiada warunek obrotu, w którym gra ruletka casino posiada od 0%-10% wartości obrotu (więcej o tym jak rozumieć te wartości znajdziesz w dalszej części artykułu). https://www.byte.org.uk/space/community/profile/karlbly66752410/ Policjanci na miejscu zatrzymali 6 mężczyzn, którzy wbrew przepisom art. 109 Ustawy Kodeksu Skarbowego uczestniczyli w nielegalnych grach hazardowych oraz dwie kobiety, które urządziły nielegalne „kasyno” wbrew przepisom art. 107 Kodeksu Karnego Skarbowego. Wszyscy funkcjonariusze wykonali przeszukania wszystkich pomieszczeń oraz oględziny. W trakcie wykonywanych czynności zabezpieczono 11 komputerów, jednostkę sterującą oraz rejestrator kamer. Funkcjonariusze zabezpieczyli kilka tysięcy złotych. Zatrzymani, to mieszkańcy powiatu pilskiego oraz czarnkowsko-trzcianeckiego w wieku od 30 do 58 lat. Funkcjonariusze Krajowej Administracji Skarbowej zlikwidowali kolejny nielegalny punkt gier hazardowych w województwie lubuskim. Tym razem nielegalne automaty znajdowały się w specjalnym kontenerze w Rzepinie. Kontener oklejony był wielkimi planszami, które informowały o możliwości zagrania w gry logiczne.