CIC Insurance Limited has handed over a repaired commuter coach to Malawi Posts Corporation (MPC) which was involved in an accident at Nsipe in Ntcheu in December last year.
Speaking during the handover of the coach, CIC Insurance Limited managing director Chrispinus Mugwang’a said the timely compensation was aimed at helping business to thrive.
He said: “For a business to exist, companies need partners such as CIC Insurance to make sure businesses proceed as usual.
“We have spent over K54 million to have the bus fixed and we are still paying for other liabilities from the accident. The total compensation could reach over K100 million.”
On his part, acting postmaster general Zachaeus Meke said the return of the coach will help MPC to service more routes.
He said: “We had unfortunately a situation where the bus was involved in an accident, which created a lot of pressure for us to overuse the existing buses on all routes we promised our various customers.
“The coach will solve the situation because there will be flexibility for us to open other routes.”
Meke said the company has seven coaches. n