Overview
Who we are
SNIT Multiple Agents (Pvt) Ltd is a Zimbabwean company which was
registered in 2017. We offer exceptional products in the insurance
and banking sectors. Over the years, we have built strong
relationships with various insurers, banks and reinsurers across
the world to support trade and surety capacity. We are proud to
have facilitated guarantees for Zimbabwe's biggest construction
projects including the Harare–Beitbridge rehabilitation and Kunzvi
Dam construction.
Our Mission
To empower Zimbabwean businesses and individuals with tailored
insurance and surety solutions through strong global partnerships.
Our Vision
To be the most trusted and innovative insurance broker in
Zimbabwe, setting the standard for excellence in service and
reliability.
What types of construction and trade‐facilitation bonds does SNIT offer, and how do they protect project stakeholders?
SNIT offers:
• Bid/Tender Bonds – guarantee successful bidders honour their contracts
• Performance Bonds – ensure contractors complete works to specification
• Retention/Maintenance Bonds – cover defect liability during maintenance periods
• Advance Payment Bonds – protect purchasers’ upfront payments if the contractor defaults
Which customs bonds are mandated by ZIMRA, and when would I need a Warehouse Bond versus a Removal & Transit Bond?
ZIMRA requires bonds such as Customs Clearing Agent, Warehouse, Removal & Transit, ATIP, CVG, Excise Manufacturers, Spirit Rebate, Inward Processing Rebate, and sector-specific bonds.
• Warehouse Bond – secures duties on goods stored in a bonded warehouse
• Removal & Transit Bond – covers duties on goods moved under bond between ports, warehouses, or border posts
What coverage does Domestic Trade Credit Insurance provide to local suppliers extending trade credit?
It reimburses suppliers for short-term receivables if local buyers default due to insolvency, protracted non-payment, or bankruptcy—safeguarding cash flow and reducing credit exposure.
How does Export Trade Credit Insurance protect exporters against nonpayment by foreign buyers?
It covers export receivables by compensating exporters for unpaid invoices arising from buyer insolvency, protracted default, or political risks—enabling secure cross-border sales.
What crop insurance packages are available, and how do they support food-security across different seasons?
SNIT’s multi-season crop insurance covers staple and commercial crops against weather perils, pests, and diseases—ensuring farmers have yield protection and stable incomes year-round.
Can you explain your livestock and poultry cover and how the embedded credit-protection feature works?
The livestock & poultry policy insures against death, disease, theft, or accident. Its embedded credit protection repays any outstanding loans on insured animals when a claim is settled, safeguarding both producers and lenders.
Which major government infrastructure projects has SNIT supported—such as the Harare–Beitbridge Road and Kunzvi Dam construction?
SNIT has backed:
• Harare–Beitbridge Road upgrade
• Emergency Road Rehabilitation Program
• UN School development (17 rural schools)
• National Irrigation infrastructure rehab
• National borehole drilling program
• Mbudzi traffic interchange
• Gwaai Shangani Water Pipeline
• Kunzvi, Marovanyika & Ziminya Dam constructions
How did SNIT facilitate private housing developments like Nyenyedzi Ridge in Borrowdale through structured guarantees?
SNIT designed tailored guarantee packages that enabled local banks to unlock Shelter Afrique credit lines for developers—providing the security lenders required and freeing up funding for Nyenyedzi Ridge.
