InsurTech: Is sub-Saharan Africa’s nascent industry following the global growth trend?
Is digital innovation helping to expand the insurance industry in sub-Saharan Africa? According to Africa Re, low insurance penetration rates, and depreciation of currencies across the continent have caused premium volume to either stagnate or decrease, despite this there is a growing number of InsurTech companies across Africa.
This report was first published in May 2019.
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