The 2nd Electronic and Mobile Payments in the Arab World Conference, organised by Arab Advisors Group, under the patronage of HRH Princess Sumaya bint El Hassan of the Hashemite Kingdom of Jordan, was held this past Monday, April 4 in Amman, Jordan. HRH Princess Sumaya opened proceedings, highlighting that a full array of financial services, including insurance is required to advance financial inclusion in Jordan.
InsuredHQ, who recently joined as member of the Network, is now attracting big players in the insurance industry worldwide.
Their new cloud-based IT system, which is designed to help improve insurance services in emerging markets, is making waves in the microinsurance sector, but also with big insurers, wishing to implement a more modern, inclusive service.
Institutional member Pauline Barratt, along with Matthew Davies were at the forefront of the concept from its inception, with
Save the date: 6th Consultative Forum on microinsurance regulation for insurance supervisory authorities and insurance practitioners on “Innovative products for the emerging consumer”, Wednesday May 11 and 12, 2016 in Marrakech, Morocco.
The World Insurance Report 2016, compiled by Capgemini and Efma highlighted that connected technologies and the Internet of Things are disrupting how insurers connect with customers and underwite risk, as well as driving the transformation of the insurance industry.
BIMA has partnered with Digicel to offer two existing microinsurance packages - Hausik Insurance (hospital cover) and Family Life - to all Digicel subscribers in Papua New Guinea (PNG).
Digicel users between the ages of 18 and 60 will be eligible to apply for these services, without the need of any paper forms or preliminary checks. Moreover, there are no formal employment requirements for users.