Malawi’s insurance industry is struggling to reach most citizens, with penetration stuck below 5 per cent, and industry leaders warn that without bold strategies to expand access beyond urban centres, millions will remain without protection when disaster strikes. Ruben Kamanga Kawelele, Insurance Institute of Malawi (IIM) President, expressed concern that despite years of effort, the industry continues to face structural challenges. Old Mutual (Malawi) Limited Human Capital Executive Rex Kadzongwe echoed the concern, stressing that the industry must accelerate efforts to make insurance accessible to more Malawians. That is the future of insurance,” Kadzongwe emphasised. Meanwhile, Old Mutual Malawi has supported the upcoming IIM Lakeshore Conference, scheduled for October 2 to 4 at Sunbird Nkopola in Mangochi, with K6 million.