Technology Is Expanding Insurance Access in Emerging Economies

Technology Is Expanding Insurance Access in Emerging Economies

Insurance plays a critical role in protecting individuals and businesses from unexpected financial shocks, yet adoption across emerging markets remains significantly low. In Africa, nearly 97% of the population remains uninsured, while insurance penetration across many emerging economies averages only 2.9%. This protection gap leaves millions vulnerable to risks such as accidents, health emergencies, property …

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