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Bima states that ninety three% of its current client base life on fewer than $ten each day, and Therefore the persons it targets are offered scaled-down premiums and scaled-down coverage ideas, sometimes as low as two cents on a daily basis.
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Is BIMA contemplating the choice of achieving also produced markets probably with different types of insurance policy products?
Our mHealth services, which provide our shoppers with use of remote healthcare consultations, preventive care, and digital wellbeing documents, are progressively readily available as Component of a holistic health and fitness bundle shipped totally from the ease of the mobile phone.
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The funding — $30 million of which is in equity, and the remainder as secondary transaction to get out shares mostly from LeapFrog, Yet another investor — was produced at a pre-funds valuation of about $260 million and offers Bima a put up-revenue valuation of around $300 million, deputy CEO Mathilda Strom said within an interview.
In 2010, Gustaf recognized BIMA in Ghana to pilot its groundbreaking ‘cellular coverage’ model, providing cost-effective insurance policies products and solutions to underserved buyers via a completely paperless expertise.
up to now, We now have introduced mHealth products in 4 of our fourteen markets – Ghana, Bangladesh, Pakistan and Paraguay, and possess reached much more than one million subscribers. We’re arranging to continue to improve our mHealth footprint and roll out these solutions in supplemental markets soon.
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