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Affordable Insurance

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Microinsurance Africa

MicroInsurance Is Africa’s Next Insurance Frontier

By Peter West and Mayibongwe Sangweni, Financial Institutions Group Client Coverage at Standard Bank  Africa’s insurance sector remains largely underpenetrated, with most markets (apart from South Africa) reporting penetration levels below 3%, compared to a global average of upwards of 7%. Insurance penetration is closely tied to macroeconomic realities and given Africa’s low GDP levels, […]

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Boda Boda Riders To Benefit From Affordable Insurance As IMS Boda Boda And Lami Technologies Partner To Digitize Access To Coverage

The initiative supports the aim to increase affordable digital insurance for boda boda riders in Kenya Boda Boda Integrated Management System (IMS), a company committed to addressing public safety, transport, and security challenges for boda boda riders has partnered with Lami Technologies, an insurtech start-up to launch affordable motor and personal accident insurance for riders […]

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