Considerations To Know About link bimaspin
Considerations To Know About link bimaspin
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nonetheless, BIMA’s mobile design could absolutely be used to other, a lot more designed markets, as a means to achieve underserved segments of the populace.
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The funding — $thirty million of which happens to be in equity, and the rest as secondary transaction to obtain out shares primarily from LeapFrog, A further Trader — was made at a pre-revenue valuation of about $260 million and offers Bima a article-revenue valuation of all-around $three hundred million, deputy CEO Mathilda Strom said in an job interview.
In 2010, Gustaf recognized BIMA in Ghana to pilot its groundbreaking ‘mobile insurance plan’ design, offering cost-effective coverage products and solutions to underserved customers by way of an entirely paperless knowledge.
Our disruptive cell insurance coverage product is definitely Section of the broader pattern. With our technique, we’ve shown that insurance policy merchandise might be shipped a lot more just and affordably through mobile – which has opened up a potential new market place of nearly 4bn lower-cash flow individuals through the rising marketplaces.
“inside the absence of a bank account, prospects can use pay as you go airtime to pay for for his or her Bima guidelines,” mentioned Strom.
these days, BIMA employs 3,500 agents who're devoted to offering BIMA products and solutions and educating shoppers concerning the function and significance of insurance policies, and they are important to raising recognition about our expert services.
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