Nairobi-headquartered financial services group Jubilee and FSD Africa have partnered with seven InsurTech companies to develop affordable insurance solutions for underserved Kenyans, targeting small and medium-sized enterprises (SMEs), informal sector workers, farmers and low-income households that have limited access to formal insurance.
The Islamic Development Bank Institute (IsDBI) and the Universal Postal Union (UPU) have signed an agreement to launch a new project titled 'Prosper MSMEs'.
Motor insurance premium rates will change on two fronts, according to Mr Mohamed Hassan Bensalah, president of the Moroccan Insurance Federation (FMA).
The Insurance and Private Pension Regulation and Supervision Authority (SEDDK) is carrying out data-driven audits to detect discrepancies between the declared number of branches and the actual transaction locations, as well as unregistered commission distribution.
The Insurance and Private Pension Regulation and Supervision Authority (SEDDK) has expanded its "My Private Insurance" page on the e-Government platform.
The Central Bank of Jordan (CBJ) is currently working to develop regulatory frameworks for licensing digital insurance platforms and updating the legal framework governing online insurance operations.
Fifteen property and casualty insurance companies operating in Beijing have established the Beijing Motorcycle Online Insurance Platform, which officially went live on 28 September, according to a statement by the Beijing Financial Regulatory Bureau.
HAYAH Insurance Company has introduced two measures that make financial resilience visible at the level of the market and the individual.
The Moroccan InsurTech, Inclusion, and Innovation Programme (PM3I) is entering its implementation phase, with a provisional procurement schedule showing that several consultations are expected to be launched by early 2027 for its implementation.
The insurance sector could potentially tap into a range of emerging sectors as new technologies and industries create risks that have yet to be fully priced, according to new research from McKinsey.