Maksure Risk Solutions awarded the 2023 Innovation of the Year Award at the 8th edition of the African Insurance Awards hosted by the African Reinsurance Corporation, Africa Re in Algiers, Algeria.

The African Reinsurance Corporation, Africa Re, organized the 8th edition of the African Insurance Awards on 29 May 2023 in Algiers, Algeria. Maksure Risk Solutions was awarded the 2023 Insurance Innovation of the Year.

Through the African Insurance Awards, Africa Re rewards and celebrates excellence, innovation, good corporate management and leadership in the African insurance industry.

The Insurance Innovation of the Year Award is recognition that attests to the numerous innovative and successful insurance products that Maksure has designed and launched in the last few years in the fields of Life and Health as well as Agriculture Insurance; among other sectors.

Maksure remains committed to designing tailor-made products that anticipate and meet customer needs delivered in a trendy fashion. We are careful to meet and respond to emerging risks, with innovative solutions at competitive rates.

“We are grateful to the Maksure team, whose tireless work and efforts have culminated to yet another award in recognition of one of the company’s pillars – which is innovativeness. Maksure Risk Solutions’ perfect synergy of customer-centricity, solid management expertise, powerful partnerships and innovative products continues to fuel our organisation’s expansion plan, which aims to target and reach all emerging and thriving markets across the world,” said Simba Makwembere; MD at Maksure Risk Solutions.

In March 2023, Maksure Risk Solutions was recognized as the Best Established Black Business in South Africa at the BBQ Awards.

For more information, contact Nono Ndlovu Corporate Affairs Specialist on +27 61 501 9324 or email You can visit the website

About Maksure Risk Solutions

Maksure Risk Solutions is an Afro-Global independent specialist insurance and reinsurance broker with business footprint in Africa, Asia, East & Western Europe, South America and the Caribbean. We provide innovative and tailor-made risk solutions in Insurance and Reinsurance as well as Risk Financing and Actuarial Consulting geared towards capital management and strengthening our client’s balance sheet. Maksure is also one of the major players in Captive Management (Establishment & Management) in South Africa, Mauritius, Bermuda and various other jurisdictions. We have access into the Lloyds of London with a deep understanding of African markets. Our global nature ensures that our clients access quality capacity as well as some of the world’s latest thinking and solutions.