CRDB Bank has embarked on an insurance awareness and education campaign in its bid to accelerate the sub-sector's contribution to economic growth.
The campaign has come at a time when the Tanzania Insurance Regulatory Authority (TIRA) targets to increase the proportion of insurance contribution to GDP from 1.0 to 3.0 per cent in ten years.
TIRA Director for Planning, Research and Marketing Development, Zacharia Muyengi said the CRDB Bank campaign augurs well with their goals to increase coverage and contribution.
The number of insurance users at merely 15 per cent in the country is very low compared to countries like South Africa.
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