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Stima DT Savings and Credit Cooperative Society Limited (Stima Sacco) has converted its insurance arm into a fully licensed brokerage, giving it freedom to shop the market rather than sell for a single insurer.
The Sacco announced that the conversion to Mpawa Insurance Brokerage, a fully-fledged insurance subsidiary, marks a shift to financial cooperatives are evolving beyond savings and loans into full service financial ecosystems.
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