Accenture: "Microinsurance is a concept whose time has come"
Accenture today released a report on microinsurance: Succeeding at Microinsurance through Differentiation, Innovation and Partnership
Accenture argues that those attempting to enter the market must be prepared to see business through "an entirely new business paradigm", but that the necessary innovation can provide valuable lessons even to traditional carriers.
MicroEnsure and Partners Pay First Claims by Mobile Phone
On the 1st November MicroEnsure and its partners, Milvik, Tigo, and Vanguard Life, paid their first claims by mobile phone for clients of Tigo Family Care Insurance in Ghana.
M-Insurance Expands to Tanzania
MicroEnsure’s remarkable new M-Insurance product in Ghana reached more than 250,000 people within six months. Its success convinced MicroEnsure’s partners to expand the service into Tanzania.
From Grants to Commercial Funding
Richard Leftley shares his thoughts with Devex about when grant funding should be replaced by more commercial forms of funding.
MicroEnsure Responds to Major Flooding in Ghanaian Capital Accra
Heavy flooding killed nine people, caused widespread damage and cut of electricity and roads in Ghana's capital. MicroEnsure are responding quickly to support clients whose businesses have been destroyed.
The Presidents Column
I am delighted to report that at the end of September 2011 we were serving over a million people through our African subsidiaries in Ghana, Kenya and Tanzania. This statistic is all the more remarkable when you consider that it is ten times the number we were covering just 12 months ago!
