BIMA News

The insurance protection gap in developing nations is being filled by a growing group of microinsurers, which provide coverage that ranges from life and health insurance, to crop insurance, to property protection after natural disasters. It is all aimed to …

Allianz X, the digital investment unit of the Allianz Group, announced a $96.6 million investment in BIMA, the digital microinsurer. Stockholm-based BIMA uses mobile technology to serve low-income customers in Africa, Asia and Latin America. With its investment, Allianz becomes …