The bimaspin Diaries
The bimaspin Diaries
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BIMA swiftly gained scale growing across the nation due to the fact 2010 has served to double the insurance penetration in Ghana.
Bima, a European startup that builds and sells “microinsurance” companies for lower-money shoppers in Africa, Asia and Latin The united states, has raised $96.six million inside a strategic expenditure from Allianz X, the digital investment decision unit of the insurance plan big.
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wherever did the story of BIMA start and which were being the 1st nations around the world where the BIMA Remedy was launched?
In our markets, an ever-increasing variety of microinsurance businesses can also be looking to duplicate our model by working with cellular networks to distribute insurance policies merchandise to minimal-cash flow shoppers; a quantity have trialled not-for-gain versions, wherever growth costs have not been as potent.
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you should inform us more about the community of BIMA brokers; how vital is their role for that business enterprise model of BIMA?
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BIMA employs 3,500 agents globally, who are generally committed to achieving out to consumers and expanding our buyer get more info base. getting regional persons on the ground (industry and call centre brokers), which have a detailed comprehension of the marketplaces where by we work, has become essential to our results – our brokers are utterly Main to our rapid, sustainable growth.
What affect will the evolution of coverage engineering have on brokers and common agents generally speaking in your impression?
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