Why it’s needed and how innovation is championing new horizons for growth

Research shows that the insurance industry in Africa is rich with opportunity.

Driven by technology, innovation and economic growth, the insurance industry in Sub-Saharan Africa is evolving. This is highlighted in Standard Bank’s new insurance report, compiled in association with Step Advisory. The report – The Rapid Evolution of Insurance in Africa – provides a deep dive into how the industry is adapting to the continent’s unique challenges to provide solutions to a new market of clients.

Key themes highlighted in the report include:

  • Engaging with insurance in new ways as the economy continues to grow
  • The rise of microinsurance
  • The health insurance industry in Africa
  • Innovating insurance for the agriculture sector
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