Taking insurance to the poor
Africa is home to three of the world’s fastest growing economies; yet, it has the unwelcome distinction of being the continent that has one of the highest levels of poverty. How does one go about balancing the scales? How does the insurance industry go about addressing the challenge of addressing the poverty issue and what role do brokers play in this? At the end of the day, insurers are about financial protection and assistance in times when certain clients may be left destitute without it.