FUTURE PLANS

Regional expansion

The company is on an aggressive drive to gain a foothold in the region as part of strategies to generate foreign currency reserves and boost the company’s cash flow position as well as diversifying our investment portfolio. The company has a management contract in Angola, Malawi as well as shareholding in Uganda and Zambia where it has rebranded the firm from Cavmont Insurance to Diamond General Insurance. 

 

Wider branch representation

The company expects growth in the economy, in the long term, as a result NicozDiamond expects to revamp its existing branch network through a massive branding exercise. Economic growth is also likely to bolster business activity throughout the country; hence NicozDiamond will set up shop in towns where presence is feasible.