Speaking during the rebranding from AON Malawi to Minet Malawi in Blantyre on Tuesday night, Delvin Khongono, CEO of Minet Malawi said the company will become AON Plc’s largest Global Network Correspondent.
“We are very excited to be a part of Minet group. We will be in the best position to favourably service the growing market in Malawi with added vigilance and global best. Our vision is securing the African market because right now, Africa is the biggest growing market,” explained Khongono.
Talking on the rebranding, Joe Onsando, Africa CEO of Minet group said Minet is positioned to deliver valuable insights and risk solutions that reduce volatility and improve performance and providing unrivalled advantage to their clients.
“Our rebirth is our continued relationship with AON Corporation. Our clients will continue to get access to A-rated security and capacity from the world’s largest markets,” explained Onsado.
The Director of Pension and Insurance Supervision at Reserve Bank, Chimwemwe Kachingwe, said opening up the insurance broker market in Malawi increases insurance penetration by looking for clients, contacts and stakeholders.
“These brokers open up the market. At the moment, only 1.4 percent insurance penetration has been registered in the country. We want people to embrace the importance of insurance in all aspects. So, having Minet in the country, we have a financially strong shareholder for the insurance market.
Minet is a Pan-African advisor that meets the uncertainties of tomorrow by delivering risk and human capital solutions with access to over 50,000 network colleagues in 120 countries.