InsurTech and Mobile Insurance

From 23-24 February 2017, the International Association of Insurance Supervisors (IAIS), the Access to Insurance Initiative (A2ii) and Inter-African Conference on Insurance Markets (CIMA) hosted the first Mobile Insurance Conference in Douala, Cameroon. It was supported by BMZ, DGIS, Financial Sector Deepening Africa (FSD Africa), UK Aid and Munich Re Foundation.

The conference brought together one hundred participants from 26 countries across the African continent for two days of intensive discussions on how to overcome barriers and enhance access to insurance for low-income populations through the use of mobile technologies. Representatives from insurance, telecommunications and payment systems regulatory authorities, as well as insurers, mobile network operators, technical service providers and development organisations actively considered the roles, activities, current regulatory provisions and future regulatory needs in mobile insurance, as well as in innovation and the use of digital technology more broadly.