Tag: Insurance

This IoT startup has raised a seed round to bring insurance to undeserved communities in Africa

Insurtech startup Lumkani has closed a seed funding round to provide highly vulnerable, traditionally excluded, low-income consumers living in informal settlements with insurance coverage. The funding round was led by 4Di Capital and Accion Venture Lab, the seed-stage investment initiative of financial inclusion leader Accion with participation of Lireas. Lumkani ...

Prudential Financial invests $1.5million in the emerging market-focused LeapFrog Talent Accelerator

Talent development is the single greatest challenge most firms in emerging markets face. To help solve these problems, LeapFrog Investments has launched the LeapFrog Talent Accelerator (LTA), the private equity industry’s first talent development programme for CEOs, C-suite executives and middle managers in emerging market growth firms. According to Lata Reddy, ...

Ugandans to pay for third party Insurance online

No more endless queues and inconvenience for Ugandans seeking to pay for the mandatory Third Party Insurance policy as the Insurance Regulatory Authority (IRA) is in talks with the Uganda Revenue Authority to have the service moved online. Ibrahim Lubega the Executive Director of the Insurance Regulatory Authority said that ...

CEO Weekends: Prudential Enters Kenya With Plans to Create 4,000 Jobs Insurance Group to Invest KES1.5B Over the Next Year

    Prudential plc, the UK-based international financial services group, has announces its entry into the Kenyan life insurance market with the acquisition of Shield Assurance Company Limited. Over the next 12 months, Prudential, intends to invest KES1.4 billion as the first step in building a market-leading insurer serving the protection and ...

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