As more digital microinsurance products become available to the underserved, health and life insurance remain among the most in-demand and issued policy types through mobile channels. The majority of these policies were issued in Sub-Saharan Africa and South Asia. Globally, the Middle East and North Africa (MENA) region has the fewest number of mobile-enabled insurance policies, followed by Latin America and the Caribbean. Most countries in the latter region are underinsured.
Given its population (655...