Old Mutual partners Insurance Institute of Malawi, donates Mk3 million

Old Mutual Malawi, one of the leading insurance companies in the country has partnered the Insurance Institute of Malawi (IIM) ahead of the Annual Conference slated for Mangochi.

As part of the partnership, Old Mutual Malawi has donated MK3 million toward the conference which is scheduled to run for three days from October 28 to 30.

Speaking after the donation Old Mutual Life Assurance Company (Malawi) Limited Managing Director Roy Punungwe said the company recognizes the vital role that the Institute plays in developing the skills and nurturing expertise required in the insurance segment.

“This is the reason year after year we do not hesitate to partner with the Insurance Institute of Malawi (IIM) to sponsor its activities that are aimed at refining skills required in our profession.

“I am excited to say it is not different this year as Old Mutual yet again, has committed to a Mk3 million sponsorship towards the Insurance Institute of Malawi’s Annual Conference for 2021,” said Punungwe.

On his part IIM President Masautso Malaicha hailed Old Mutual for the timely donation.

“Us as IIM we are very thankful for this donation from Old Mutual Malawi which has always been there for us.

“This donation will help us a lot as we are finalizing arrangements for this conference which is slated for October 28 to 30,” said Malaicha.

This year’s conference will be held at Nkopola Lodge under the theme “Adapt bodily in the discomfort of global change.”