BimaLab Insights & News
Exploring stories, trends, and innovations shaping inclusive insurance across Africa.

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BimaLab How BimaLab shaped MotiSure’s, bodaboda riders’ insurance product Case Studies Every business has its origin story, and for Joel Macharia, it began with grief. The tragic loss of his […]
Insurance penetration in Africa has historically been exceptionally low, with insurance coverage in 2019 at a mere 2.78%, significantly below the global average of 7.23%. Providing insurance to lower income […]
Kenya’s insurance market struggles with a very low penetration, as traditional providers are criticized for offering inadequate products at high prices. However, insurTech is rapidly addressing this issue by offering […]