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Insurers eye Digital Innovations to grow Micro-Insurance

Michael McCord challenged insurers to generate products that speak to the needs of the ordinary customer and also ensure that pricing and distribution of the product do not add extra costs.

Jonan Kisakye, the chief executive officer Uganda Insurers Association acknowledges that the contributions of microinsurance have been minimal over the years. (Courtesy Photos)
By: NewVision Reporter, Journalists @NewVision

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Experts in the insurance industry observe that incorporating digital innovations with the traditional methods of distributing micro-insurance products can spur penetration.

These sentiments were shared

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Tags:
Insurance industry
Experts
Digital innovations
Micro-insurance products