NICO-Life has donated K2 million Kwacha to the National Council for Higher Education (NCHE) to support the council’s Annual General Meeting to take place in Mangochi from August 7 to 10.

Presenting the donation, Nico Life Manager, responsible for individual Business, Steven Kanyoza, said Nico Life values the role NCHE is playing in promoting tertiary education.

‘’It is in this light that we thought of sponsoring the NCHE conference,’’ he said.

NCHE acting Chief Executive Officer, Martha Mondiwa , thanked Nico Life for the donation.

NICO Life Insurance Company Limited held its annual strategic planning conference from 31st july to 2nd August, 2017 at Protea Ryalls Hotel. The seminar was held in the CBD close to town to ensure the absence of managers from office did not disrupt normal duties. The theme of the strategy underscored NICO Life’s ambitions to take its business to greater heights by evaluating how to enhance client service delivery to individual business and group business clients.

The conference was attended by EXCO, all managers and all assistant managers for the company and saw Eddie Botes of MCA Training International facilitated this year’s event. Eddie Botes is an international business motivational speaker and facilitator based in Cape Town, South Africa. Eddie inspired and challenged the NICO Life team to think differently in a world that is changing faster than we can imagine.

He cited the need for NICO Life to draft a strategy that will set it apart from others in the life insurance market and communicate the set action plan to all staff so they are aware of company direction and the need to hold everyone accountable for actions in order to achieve success. He was pleased to work with NICO Life team had done beforehand and stressed the need for the team to commit to their WIGS (Wildly Important Goals) and the need for their commitment to the plan to ensure agreed actions will be implemented.

In his remarks, Eric Chapola, the Chief Executive Officer for NICO Life stressed the need for various sections to ensure their plans align to deliberated strategy and that proposed actions are realistic. He urged for more collaboration amongst the team to ensure the company may achieve success as a team. He noted that the environment has changed so NICO Life must also change and work to achieve its vision and not play second fiddle to competitors. He reminded managers and their assistants how each person’s responsibility is linked to the overall company objectives and how they must work well individually and in their teams to deliver.




NICO Life donated K3,000,000.00 to The Institute of Chartered Accountants in Malawi (ICAM) at a presentation ceremony held at NICO Life Offices in Blantyre.

Speaking on behalf of NICO Life Insurance, Victoria Zigowa the Financial Controller said NICO is delighted to be associated with the giant business conference in Malawi as this will also give NICO Life a platform to showcase various products to the teams that attend this function.

In response to the donation ICAM Chief Executive Officer Francis Chinjuka Gondwe thanked NICO Life for the donation. `As ICAM we are also delighted to be associated with the leading insurance company. We are excited to receive this donation of K3m. It will assist us meet some of the expenses including accommodation meals and materials for the conference and we promise to use this money for the purpose it is intended`. He said.


NICO Life donated K500,000.00 to Farmers Union of Malawi during their annual general conference held in Lilongwe at BICC on 8th August 2017. Gathering that attracted 700 delegates across the country.

NICO Life Assistant Manager – Banc Assurance, Cosmas Luwanika said that they assist this kind of gathering as farmers play a very important role in the economy of the country when we received a request from them for a donation we felt privileged to associate ourselves with the farmers as it is in line with our goals of providing affordable insurance services to everyone. The platform allowed NICO Life to showcase its products and services but also interact with those that graced the function.

CEO for Farmers Union Malawi also thanked NICO Life for the timely contribution to the function.