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Lloyd Rabaya
The Zimbabwe Accountants International (ZAI) has partnered with Diaspora Insurance for its members to get bespoke funeral insurance products and services.
Diaspora Insurance is a United Kingdom (UK)- based risk solutions firm, and the partnership will help bring financial security to more than a thousand accounting professionals worldwide.
ZAI was established in 2022, and over the years, it has managed to secure more than 1,200 members from across different regions such as South Africa, Dubai, Australia, Canada, the USA, and the UK.
The organisation offers ” an inclusive space for Zimbabwean accountants to learn from one another, stay updated on industry trends, and access global opportunities in the accounting field.”
The funeral services ZAI members will ensure that they have immediate access to financial relief when bereaved instead of borrowing from friends or family.
“The partnership between ZAI and Diaspora Insurance is significant as it provides members with access to tailored insurance solutions, ensuring financial security for families abroad,” said ZAI President, Nico Chitsa.
“This collaboration strengthens the support network for the diaspora, addressing key needs like life cover and repatriation.”
Diaspora Insurance Channels Director Edwin Tsvere highlighted that having a group of professionals like ZAI partnering with them inspires confidence in what they do as Diaspora Insurance.
“I sincerely appeal to like-minded or structured groups to emulate what ZAI has done.
Besides guaranteeing ZAI members the peace of mind that they deserve so much, the partnership comes with a host of other benefits like revenue stream, discounted rates, financial risk transfer, increased member loyalty, suitability of cover, and good value for money among others,” he added.
Based in Birmingham, UK, Diaspora Insurance specialises in designing, marketing, and distributing insurance products and risk management solutions targeted at expatriates and diasporans.
Registered with the UK’s Financial Conduct Authority (FCA) and a member of the Financial Services Compensation Scheme (FSCS), the company now offers its unique funeral cash plan and group schemes to 19 African nationalities living and working in developed markets across the UK, Australia, the European Union, and North America.