Parametric insurance has grown in popularity in recent years, with the World Economic Forum recently describing it as a potential “game changer” for mitigating disaster risk ANALYSIS | AGENCIES | Liberty Mutual Reinsurance (LM Re) has partnered with Kenyan financial services provider Britam and farming-focused insurtech Sprout to offer a parametric insurance …
Read More »Sanlam inks deal with MTN Group’s InsurTech
Kampala, Uganda | THE INDEPENDENT | Sanlam and MTN Group have announced a strategic alliance to market and distribute insurance and investment products across Africa, and have reached a significant milestone with the fulfilment of the regulatory, competition and other requirements. The effective date of the transaction is 31 October 2022. …
Read More »OKO raises $1.2 million to bring innovative insurance to smallholder farmers in Africa
The tech-firm aims to strengthen its presence in Uganda and Mali and expand its offerings to more markets on the continent | THE INDEPENDENT | OKO, an Insurtech start-up that provides inclusive agricultural insurance to secure farmers’ income across Africa, has closed a Seed investment of $1.2 million. The round …
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