BIMA, the leading provider of digital health and insurtech services in emerging markets, has secured $30 million in further investment as demand for digital health services doubles. COVID-19 is the catalyst behind the surge, with consumers seeking increased access to telemedicine and insurance cover against life and health risks.
Stewart Langdon, partner at LeapFrog Investments, said: “The market that BIMA is serving is vast and demand for health services is tremendous. BIMA’s unique digital capabilities empower emerging market consumers to access many health and insurance services on a single, easy to use platform. That includes protection for millions of first-time buyers of insurance who would otherwise remain unprotected and at risk."