CBZ Insurance Company (Private) Limited was established in 2005 and licensed to transact short term insurance business in June 2006. CBZ Holdings Limited has 58,5% shareholding in the company. CBZ Insurance Company has a partnership with ZIMRE where it has a 25% stake. CBZ Insurance Company has on board shareholders, directors, management and staff who are experienced and seasoned insurance practitioners and entreprenuers . The company is backed by corporate shareholders who provide the necessary and critical security and financial backing that is crucial to any financial services company, especially insurance.