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Diaspora Insurance, CEO Jeff Madzingo wins prestigious Africa-UK Business Award

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LONDON – Over 13 years after founding Diaspora Insurance, its CEO Jeff Madzingo, a humble easy-going visionary, is finally getting the recognition he deserves.

This month he was honoured with the prestigious “Excellence In Transformative Insurance Solutions” award at the Africa-UK Business Awards 2025.

The awards recognise visionary leaders who have made significant contributions to strengthening business ties between Africa and the United Kingdom.

Madzingo was celebrated for his ground-breaking work in providing innovative insurance solutions tailored for the global African diaspora.

The company is now a multi-million-dollar enterprise offering a flagship “Diaspora Funeral Cash Plan” product to Africans in the diaspora.

The Diaspora Funeral Cash Plan, provides cash pay-out within 24 hours of submitting relevant paperwork. This the company says helps ensure a dignified send-off, at the same maintaining dignity for the remaining family and friends.

A few months ago Diaspora Insurance unveiled a massive brand new head office in Birmingham, a significant marker of the growth of the company under Madzingo’s leadership.

A few months ago Diaspora Insurance unveiled a massive brand new head office in Birmingham, a significant marker of the growth of the company under Jeff Madzingo's leadership.
A few months ago Diaspora Insurance unveiled a massive brand new head office in Birmingham, a significant marker of the growth of the company under Jeff Madzingo’s leadership.

In 2024 alone, the company supported hundreds of community organisations and charities worldwide, reflecting its dedication to giving back to the communities it serves.

The latest award adds to a series of recognitions for Madzingo who was previously named Male Entrepreneur of the Year at the Diaspora Homecoming Celebration and was honoured as the Business Driver of the Year by the Zim Achievers awards.

Reflecting on these achievements, Jeff remarked, “This is for you, all of our DiasporaInsurance.com family. Ours is not a job; it’s a calling. We appreciate your acknowledging our efforts.”

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Diaspora Insurance House in Birmingham (Picture via NewZimbabwe.com)

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Zimbabwe netball team captain Felisitus Kwangwa has been appointed brand ambassador of the United-Kingdom based company Diaspora Insurance.

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Zimbabwe netball team captain Felistus Kwangwa was on Wednesday appointed brand ambassador of the United-Kingdom based company Diaspora Insurance. The deal will see the England based 28-year-old who plays for Surrey Storm in the Vitality Netball League, UK's top tier division, marketing and promoting Diaspora Insurance's products through campaigns in Zimbabwe and England.
Jeff Madzingo, the CEO of Diaspora Insurance went on stage holding a blue jacket emblazoned ‘The Watch Security’. He said the jacket was his uniform then, more than a decade ago. (Pictures via NewZimbabwe.com)

From security guard to founding multi-million-dollar company in the UK

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Relating his experience at the recently held Zim Achievers awards, where his company Diaspora Insurance was the headline sponsor, Mr Jeff Madzingo said, after completing the post-graduate programme, he was not able to get a banking job in the UK and found himself working as a security guard. He went on stage holding a blue jacket emblazoned ‘The Watch Security’. He said the jacket he brought on stage was his uniform then, more than a decade ago.
Diaspora Funeral Cash Plan

Challenges of treating customers fairly in the funeral insurance industry

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Tose Gava: "A flexible policy like the Diaspora Funeral Cash Plan comes with zero rigidity as the policyholder can choose repatriation, reverse repatriation, burial abroad and even cremation and still use the same policy. The issue of flexibility becomes even more important given The 14 Reasons Why Diasporans Are Increasingly Getting Buried Abroad."

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King Alfred
10 months ago

Chogona Ichi

Mai Matwins
10 months ago

Good to see we still have a lost of visionaries that can run companies over such a sustained period. 13 years is not a joke. Well done Jeff, you deserve this.

Hazel Moyo
10 months ago

As far as diaspora products go, this one is simple and straightforward.

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