AI, mobile and cyber risks: The new horizons for African insurance
Local African insurers have new avenues to increase the continent’s low insurance penetration through mobile channels and insurtech partnerships, while also developing products for mitigating cyber and climate risks, according to Jubilee Insurance, Naked Insurance and AfricaRe at a recent webinar. By Oliver Nieburg Africa’s insurance industry is worth around $68bn in gross written premiums, […]
Reinventing insurance: Acclimatising to a digital and green Africa
Register Google agenda Opportunities are emerging for Africa’s insurers and reinsurers as the continent strives to become more digitally connected and climate resilient. Mobile money and internet expansion are creating paths for smartphone-enabled microinsurance, farmer crop protection, coverage for recently banked SMEs and corporate cyber risk cover. With $2.8 trillion of climate finance needed between […]