Following the completion and formal registration of the merger, for which regulatory approval was recently announced, Hollard Mozambique will operate as a single company under a single brand, bringing together the experience and resources of the three insurance companies: Hollard Seguros, Hollard Vida and Global Alliance.

Hollard Mozambique aims to broaden access to insurance for individuals, small businesses, and sectors with limited financial protection, capitalizing on the combined capabilities of Hollard Seguros, Hollard Vida, and Global Alliance following their merger. The insurer intends to expand its market reach and develop more inclusive solutions tailored to the needs of the national market.

“The company’s ambition is to consolidate its already established presence in the country and play an even greater role in extending insurance protection to more Mozambicans. We are now in a stronger position to leverage this experience and broaden our reach,” says Henri Mittermayer, CEO of Hollard Mozambique.

With the consolidated insurance license, Hollard will be able to offer its clients and distribution partners, under a single brand, all branches of non-life and life insurance, as well as pension fund management services. In addition to conventional insurance, Hollard Mozambique will also continue to explore solutions aimed at promoting financial inclusion, such as agricultural insurance, education insurance plans, healthcare insurance, digital car liability insurance (Paga Leve), and other microinsurance products. These solutions can help facilitate access to financing for activities in traditionally underexplored sectors.

“Insurance has an important role to play in supporting economic development. When farmers, entrepreneurs and businesses have access to adequate protection, they are better positioned to manage risk, access financing, invest in their operations and seek growth opportunities,” Mittermayer emphasizes.

The company identifies opportunities to increase insurance coverage in the country and intends to develop solutions tailored to local needs. The strategy also includes enhancing the customer experience and investing in technology and digital innovation to improve efficiency, simplify customer interactions, and strengthen claims processes.