The insurer Fidelidade Ímpar announced today the acquisition of the policy portfolio of Tranquilidade Moçambique, effective from Saturday, October 1st.

Tranquilidade policies are now "managed by Fidelidade Ímpar, thus ensuring the continuity of the risk, during the current insurance period, without any change in the agreed conditions," the company announced.

Carlos Leitão, president of the Executive Committee of Fidelidade Ímpar welcomed, in a press release, the new customers and justified the measure as part of a bet on the Mozambican market.

"For Fidelidade Ímpar, this acquisition reinforces our commitment to Mozambique and our growth strategy," he said.

Fidelidade Ímpar is the brand of Seguradora Internacional de Moçambique, resulting from a 70% acquisition of Ímpar by Fidelidade at the end of 2021.

The insurer presents itself as a company with about 330,000 customers, more than 200 employees, and a network of more than 100 brokers.