MICROINSURANCE AND MOBILE
Microinsurance services were designed to cater to those living on less than $10 per day, focusing on creating products that are affordable and that are sold responsibly. But providers have struggled to scale their operations because of a lack of effective distribution.
Mobile Operators are uniquely placed to address this CHALLENGE
Mass distribution channel
They have vast reach
Easy payment method
They offer an existing method of payment in the form of prepaid airtime credit