Basic Background information

Clarion Insurance Company (Private) Limited was registered in November 2003 and started operations in March 2004. It is a short term insurance company underwriting both diversified short term and credit insurance products. The company intends to build a firm foundation for growth through consistent insurance products delivery and unmatched customer service in the present and beyond. The company has two branches, one in Harare and the other one in Bulawayo and has also 8 self-contained branches. It now has a staff complement of twenty- three permanent staff.

The company was founded on the principal arm of providing value for its customers through custom made insurance products. It seeks to establish a niche in small to medium scale enterprises, a market not fully catered for by other players in the industry.

Incorporation Details

The Company was incorporated in Zimbabwe as Clarion Insurance Company (Private) Limited on 17th of June 2003 under Certificate of Incorporation Number 9389/2003. The Company is domiciled at Second Floor Blue Bridge North, Eastgate Complex Harare Zimbabwe.

Legal Status

The Company is a privately owned limited liability company governed by its memorandum and articles of association.

Line of Business

The Company is into short-term insurance with a diverse range of products which include but not limited to the following:

  • Farmer’s Comprehensive Insurance
  • Assets All Risks / Business Plan Policy

Includes covers such as: Fire Cover, Burglary Cover, Plate Glass Cover, & Money Cover

  • Business All Risks Cover
  • Goods in Transit Cover
  • Loss of Profits Cover
  • Motor Insurance Policy (Private & Motor Fleets)- (Includes: Comprehensive Cover, Full Third Party & Fire Cover)
  • Employers’ Liability Policy
  • Public Liability Policy Cover
  • Computer Policy
  • Plant All Risks Cover
  • Fidelity Guarantee Policy
  • Personal Accident Policy- (Personal Accident & Group Personal Accident)

 

Other Products:

  • Machinery breakdown
  • Contractors all risks
  • Erection all risks
  • Marine (Hull)
  • Marine (Open)
  • Aviation (small crafts)
  • Farm assurance
  • Livestock (annual)
  • Livestock (transit)

 

Personal Protection

  • House owners
  • House contents
  • Personal All Risks

Other Products

  • Machinery breakdown
  • Contractors all risks
  • Erection all risks
  • Marine (Hull)
  • Marine (Open)
  • Aviation (small crafts)
  • Farm assurance
  • Livestock (annual)
  • Livestock (transit)

Personal Protection

  • House owners
  • House contents
  • Personal All Risks

Clarion Financial Services and Credit Insurance

  • Credit purchase
  • Personal loan
  • Microfinance
  • Credit input schemes

Bonds

  • Court bonds
  • Construction bonds
  • Customs bonds
  • Financial guarantees