Promising Starts in Mobile Microinsurance: Tigo Senegal & Telenor Pakistan

Tuesday 25 Feb 2014 | Building the financial ecosystem | Case study | English | Mobile Money | Pakistan | Resource | Senegal | South Asia | Spanish | Sub-Saharan Africa |

Promising Starts in Mobile Microinsurance: Tigo Senegal & Telenor Pakistan image

The global microinsurance market is estimated at 4 billion individuals, but the cost of selling and administering low-value policies makes microinsurance uneconomical for many traditional providers. Mobile phones have the potential to radically reduce the costs associated with enrolling and collecting payments from low-income customers who have previously been excluded from the insurance market.

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