Key Points
- Jeff Madzingo wins Diaspora Male Entrepreneur of the Year award.
- Diaspora Funeral Cash Plan eases bereavement costs for African diaspora.
- Over 350 community groups and charities benefited from company support.
The 2024 Zimbabwe Diaspora Homecoming Celebration and Business Summit has awarded Diaspora Insurance CEO Jeff Madzingo the title of Male Entrepreneur of the Year.
Jeff Madzingo wins big at Zimbabwe Diaspora business summit
The yearly gathering, which takes place on December 20 at Harare’s Golden Conifer Conference Centre, brings together Zimbabweans who are spending the holidays at home to catch up and discuss business prospects. Madzingo received the Diaspora Male Entrepreneur of the Year award, one of several recognized foreign business owners.
Madzingo, who moved to the UK after receiving banking training in Zimbabwe, has spearheaded Diaspora Insurance’s growth into a multimillion-dollar business.
As stated by New Zimbabwe, the corporation, which has its headquarters in Birmingham, has operations throughout the United Kingdom, the European Union, the United States, Canada, Australia, New Zealand, the Middle East, and Africa. As its operations continue to expand, it recently purchased a new headquarters and currently serves 19 African nations globally.
The company’s gross written premiums have increased by double digits, and claim settlements of millions of dollars have helped thousands of grieving families who are struggling financially as a result of diaspora fatalities.
Madzingo declared, “This is for you, all of our DiasporaInsurance.com family,” as he accepted the honor. Ours is not a job; it’s a calling. We appreciate your acknowledging our efforts.
At its annual conference in Hinckley, England, the Zim-UK Business Chamber also presented Madzingo with the Business Driver of the Year award.
He was also nominated by the African Business Chamber (AfBC) for the Top 100 African Business Leaders and Entrepreneurs in the UK. “This year has been full of accolades,” he joked.
Groundbreaking funeral cash plan transforms bereavement support worldwide
The Diaspora Funeral Cash Plan, the company’s core product, has emerged as a crucial remedy for the African diaspora worldwide, easing the financial burden and the trauma of loss. The business stated, “Millions of U.S. dollars have been paid to grieving families worldwide.”
The company has also launched cutting-edge goods like Diaspora Students Shield and the COS Funeral Scheme, which redefine grief assistance by guaranteeing “a dignified send-off and celebrated life” for all.
Diaspora Insurance reaffirmed its dedication to empowerment and capacity building by providing funding to over 350 community organizations and charities globally in 2024 alone.
Under Madzingo’s direction, Diaspora Insurance is now a leader in offering the African diaspora vital financial solutions and community support.
