Verified Market Research recently published a report, “Digital Remittance Market”, which revealed that the global remittance/money transfer market was valued at USD 15,9 Million in 2020 and could reach USD 40 Million by 2028. In southern Africa, where migrant work is common and many families have members abroad, the market is especially thriving.

Traditional insurance serves consumers’ long-term needs on a holistic level, especially through life insurance and medical cover, where policies run for decades. But such policies are unaffordable to millions – and do not fill the many insurance gaps in consumers’ lives. That’s why there’s a global boom in microinsurance – and it’s not just for insurance companies.

At a glance Most manufacturers offer limited warranties that are a chore to apply for We digitally embed extended warranties or special cover into manufacturers’ products Manufacturers can add a further layer of value by offering other types of embedded insurance Our SaaS solution – already tested in the national retail space – can go […]