Africa – Ins. sector to cope with tech
Thursday, 09 20 2018, Category: Technology, Country: Africa
In a new report, Big Four accounting and advisory firm PwC has analysed the various aspects of disruption and adaptation that Africa’s insurance sector has to contend with. In the technology domain, for instance, insurers now have a plethora of mobile applications that they can leverage to their advantage.
Most often, insurers in Africa have had to make use of intermediaries to get in touch with their customers, which has been expensive and time consuming. Now, as Africa moves towards 1 billion mobile internet connections over the next three years, insurers have direct access to their customers via mobile devices.