InsureTech Business Model for Africa

InsureTech Business Model for Africa
I have written extensively on the need for the Nigerian insurance industry to use technology to redesign the industry. Everyone knows that technology brings productivity gains and our banks have done great works in the use of technology to redesign their businesses. People used to complain about our banks with the legendary comedian Lomaji Ugorji taking a sleeping mat to a shadow bank, just to illustrate how long it could take to get cash. The bank he was advertising for, now defunct, unfortunately, could allow you to get out within an hour. We have made real progress in that sector.…
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