InsurTech Business Series

Ever wonder what it takes to change the course of a whole industry? We're honored to host Arun P. Iyer, the Founder and CEO of Alpha Direct InsurTech, who is doing just that in the African insurance landscape. Brace yourself for an inspiring journey from a small-town upbringing, to a young boy investing in stocks, to a CEO transforming the insurance industry in Botswana.

Revolutionizing the highly regulated insurance industry, Alpha Direct is challenging the status quo with their disruptive approaches. Arun shares the story of Alpha Direct's genesis, discussing their innovative solutions that address the root cause of low insurance penetration in the lower middle class of Botswana. From the game-changing 'insurance in a box' initiative to leveraging mobile money platforms, expect to be enlightened by the ways Alpha Direct is making waves in the industry.

But what lies ahead for the future of insurance in Africa? Arun casts a spotlight on Alpha Direct's plans and their strategy for maintaining their standing in the underwriting market, optimizing the claims process and enhancing customer experience. 
 
Tune in and join us in exploring the future of insurance in Africa from the city of Gaborone in Botswana.

Your voice matters. For our Nigerian listeners, take this State of Insurance Innovation Capability survey NOW!

Check out our free resources on InsurTech ecosystem and innovation in the African Insurance space here https://linktr.ee/insurtechbusinessseries

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Do you ever wonder how the world of insurance is shaking up in Asia? You're in for a treat! This episode offers a deep dive into the evolving landscape of Asia's insurance industry, with insightful conversations with Theresa Blissing, Founder of the Asia InsurTech Podcast.

Theresa Blissing, a seasoned insurance professional who cut her teeth at Generali, takes us on a journey through her career, which has been steeped in insurance from childhood to adulthood and across both mature and emerging markets.

On the episode, we delve into the journey of One Degree, a Hong Kong-based InsurTech, and their innovative foray into pet insurance. We also navigate the fascinating world of Ping An, the second-largest insurer globally, and dissect its successful ventures and unique ecosystem strategy.

For all insurance or tech enthusiasts out there, this episode is a gold mine of insights and stories that promises to enrich your understanding of the industry. Its also amazing to see the uncanny similarities between the Asian and African market.

Get the Future of Insurance: Asia Rising here

Your voice matters. For our Nigerian listeners, take this State of Insurance Innovation Capability survey NOW!

Check out our free resources on InsurTech ecosystem and innovation in the African Insurance space here https://linktr.ee/insurtechbusinessseries

Join our IBS community on LinkedIn, Twitter, Instagram

For episode 41, we catch up with Dr. Ikpeme Neto, Founder/CEO of leading InsurTech/HealthTech WellaHealth on their work around solving the challenge of out-of-pocket expenditure for healthcare; a $7b market.

In this episode, we venture into the often challenging terrain of global healthcare delivery, tackling thorny issues like regulation & market accessibility, and delve into how the diaspora could potentially unlock access to quality, affordable healthcare in Nigeria. The discussions don't stop there; we also scrutinize the importance of fostering trust within the insurance industry, and the potential impact of broad-scale education campaigns on changing people's perceptions and understanding of insurance benefits.

Finally, we put the spotlight on the potential game-changer: embedding insurance into products. Dr. Neto enlightens us on the exciting challenges and opportunities that this concept brings, emphasizing the importance of understanding customer needs for creating bespoke insurance products. We also take a deep dive into how technology can be a game-changer in making insurance accessible, especially in emerging economies. Plus, you won't want to miss our conversation on the role of partnerships in making insurance more accessible and the potential of technology in creating new markets. Take a listen and discover how insurance can be transformed, one innovation at a time.

Your voice matters. For our Nigerian listeners, take this State of Insurance Innovation Capability survey NOW!

Check out our free resources on InsurTech ecosystem and innovation in the African Insurance space here https://linktr.ee/insurtechbusinessseries

Join our IBS community on LinkedIn, Twitter, Instagram

On this Episode Damola & Folumy host an enriching conversation with Patrick Kelahan, The Insurance Elephant. He is the Chief Elephant at The Insurance Elephant Incubator and sits on the board of a number of InsurTech startups.

Patrick is so full of knowledge about innovation and technology within the insurance industry and he unpacks his thoughts during the interview.

With focus and passion for the growth of Insurance Technology #InsurTech in emerging markets, Patrick continues to back and support founders and innovators pioneering groundbreaking initiatives in Africa as well as Asia.

The conversation is broken into two and this is Part 2 (Concluding part) 

Your voice matters. For our Nigerian listeners, take this State of Insurance Innovation Capability survey NOW!

Check out our free resources on InsurTech ecosystem and innovation in the African Insurance space here https://linktr.ee/insurtechbusinessseries

Join our IBS community on LinkedIn, Twitter, Instagram

On this Episode Damola & Folumy host an enriching conversation with Patrick Kelahan, The Insurance Elephant. He is the Chief Elephant at The Insurance Elephant Incubator and sits on the board of a number of InsurTech startups.

Patrick is so full of knowledge about innovation and technology within the insurance industry and he unpacks his thoughts during the interview.

With focus and passion for the growth of Insurance Technology #InsurTech in emerging markets, Patrick continues to back and support founders and innovators pioneering groundbreaking initiatives in Africa as well as Asia.

The conversation is broken into two and this is Part 1

Your voice matters. For our Nigerian listeners, take this State of Insurance Innovation Capability survey NOW!

Check out our free resources on InsurTech ecosystem and innovation in the African Insurance space here https://linktr.ee/insurtechbusinessseries

Join our IBS community on LinkedIn, Twitter, Instagram

In this episode, we delve into the transformative world of microinsurance in Africa, focusing on Motisure, an innovative InsurTech company based in Kenya. Join us as we explore how Motisure is closing the protection gap for commercial motorbike riders (Boda boda riders) through their unique microinsurance offerings, developed in collaboration with trade associations (SAACO).

Damola & Folumy sat with Joel Macharia, the visionary founder of Motisure, to uncover their journey of leveraging technology, data, and human-centered design (HCD) principles to develop customized insurance products that cater to the specific needs of boda boda riders in Kenya. Together, we shed light on the significant impact of microinsurance in increasing financial inclusion and enhancing the livelihoods of this vital segment of the African workforce.

Your voice matters. For our Nigerian listeners, take this State of Insurance Innovation Capability survey NOW!

Check out our free resources on InsurTech ecosystem and innovation in the African Insurance space here https://linktr.ee/insurtechbusinessseries

Join our IBS community on LinkedIn, Twitter, Instagram

On this episode we sit with Ted Pantone who is the Co-Founder/CEO of leading #InsurTech and microinsurance player, Turaco. Turaco has recently announced that they have insured 1m customers across the three markets they are currently in (Uganda, Kenya & Nigeria); the majority of whom are engaging with insurance for the first time.

Ted shared in this episode his journey, his motivation and how he and his team are wow-ing low-income customers with simple, quality and affordable insurance coverage which they need by leveraging innovation, partnership and a customer first mindset.

Your voice matters. For our Nigerian listeners, take this State of Insurance Innovation Capability survey NOW!

Check out our free resources on InsurTech ecosystem and innovation in the African Insurance space here https://linktr.ee/insurtechbusinessseries

Join our IBS community on LinkedIn, Twitter, Instagram

To celebrate the first year of #IBSPodcast in 2021, Damola & Folumy hosted Rob Galbraith, Bryan Falchuk, Eunice Maina & Frederik Bisbjerg to discuss their books, trends in insurance innovation and opportunities that exist for the growth of the space.

Your voice matters. For our Nigerian listeners, take this State of Insurance Innovation Capability survey NOW!

Check out our free resources on InsurTech ecosystem and innovation in the African Insurance space here https://linktr.ee/insurtechbusinessseries

Join our IBS community on LinkedIn, Twitter, Instagram

In the episode, we sit with Tunji Andrews Founder/CEO of Awabah to discuss the interesting work Awabah is pioneering in the Nigerian Pensions space. Awabah is the first micro pension startup in Nigeria, working with Pension Funds Administrators (PFA) to offer pension services to gig workers, and underserved members of society from developers, influencers, and musicians to market women, general contractors etc.

Awabah's mission is to help people outside of the regular 9-5 work model plan towards a financially safe and secure future

Your voice matters. For our Nigerian listeners, take this State of Insurance Innovation Capability survey NOW!

Check out our free resources on InsurTech ecosystem and innovation in the African Insurance space here https://linktr.ee/insurtechbusinessseries

Join our IBS community on LinkedIn, Twitter, Instagram

We discussed the realities of insurance in Africa being male-dominated, opportunities that inclusion brings and possible solutions, action points needed to change this reality for good.

Speakers
Adeolu Adewumi-Zer - MD/CEO, Allianz Nigeria
Jihan Abass - Founder/CEO, Lami Insurance Technology
Rashidat Adebisi - ED/Chief Client Officer, AXA Mansard
Marjorie Ngwenya - Past President, Institute and Faculty of Actuaries IFoA
Bimbo Onakomaiya - Vice President, Professional Insurance Ladies Association of Nigeria

This event is brought to you by Grye Limited & sponsored by AXA Mansard.

Your voice matters. For our Nigerian listeners, take this State of Insurance Innovation Capability survey NOW!

Check out our free resources on InsurTech ecosystem and innovation in the African Insurance space here https://linktr.ee/insurtechbusinessseries

Join our IBS community on LinkedIn, Twitter, Instagram