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About Cenfri InsurTech For Development Research Study
This document provides an overview of insurance technologies (InsurTech) and their applications in Africa, Asia, and Latin America. It identifies six categories of InsurTech initiatives based on desktop research and interviews. The categories include mobile applications, data and analytics platforms, distribution platforms, product innovation, blockchain applications, and crowdfunding. The document then examines how each category addresses key challenges for microinsurance delivery, such as lack of consumer information, inadequate access to consumers, different consumer needs, consumer inexperience with financial services, and constrained business models. It concludes that while promising, technology may not be a single game-changer and more evaluation is needed to fully assess InsurTech's potential to expand insurance coverage.
Detailed Information
| Author: | ['Mariana F. Maldonado'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 34 |
| Language: | English |
| Format: | |
| Price: | FREE |
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