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Closing the Protection Gap in Africa with Microinsurance & Innovation
Manage episode 372265925 series 2883003
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In this episode, we delve into the transformative world of microinsurance in Africa, focusing on Motisure, an innovative InsurTech company based in Kenya. Join us as we explore how Motisure is closing the protection gap for commercial motorbike riders (Boda boda riders) through their unique microinsurance offerings, developed in collaboration with trade associations (SAACO).
Damola & Folumy sat with Joel Macharia, the visionary founder of Motisure, to uncover their journey of leveraging technology, data, and human-centered design (HCD) principles to develop customized insurance products that cater to the specific needs of boda boda riders in Kenya. Together, we shed light on the significant impact of microinsurance in increasing financial inclusion and enhancing the livelihoods of this vital segment of the African workforce.
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