Fascination About bima spin

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BIMA quickly acquired scale growing across the country since 2010 has assisted to double the coverage penetration in Ghana.

Every single sector needs a slightly distinctive technique, to adapt to the nuances of regional regulatory frameworks. even so, consciousness and General trust in regular coverage has established to become by far the most persistent boundaries to coverage penetration in most markets.

Is BIMA thinking about the choice of achieving also designed marketplaces probably with differing types of coverage products?

Our mHealth services, which offer our consumers with use of remote health care consultations, preventive care, and electronic health information, are more and more readily available as Component of a holistic wellness bundle shipped solely throughout the benefit of a cellphone.

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Please notify us more details on the community of BIMA agents; how significant is their position for the enterprise model of BIMA?

which happens to be the most recent products formulated by BIMA and is there a country by place strategy when selecting what sort of merchandise to promote on Just about every market place? these days, BIMA is hunting not merely to revolutionize the way emerging marketplaces customers obtain and buy insurance policy providers, we’re also aiming to be Element of a rising movement to redefine the character of insurance itself. In particular, we’re developing A selection of mHealth providers, to enhance our insurance plan bimaspin products.

The funding — $30 million of and that is in equity, and the remainder as secondary transaction to purchase out shares mostly from LeapFrog, another investor — was built at a pre-dollars valuation of all-around $260 million and provides Bima a publish-money valuation of close to $three hundred million, deputy CEO Mathilda Strom said within an interview.

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“within the absence of a banking account, consumers can use pay as you go airtime to pay for his or her Bima policies,” claimed Strom.

We’re very pleased that BIMA is presently developing this potential with our cellular product. We’re investing and innovating seriously in increasing the customer knowledge, especially through rising the number of digital touchpoints in just the customer journey – from SMS text messages to our connect with Centres, and integration with Fb Messenger and Whatsapp.

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