InsureTech

Funding: Smile Identity Raises $20m in Series B Round

Smile Identity, who claim to be Africa’s leading KYC onboarding and identity verification platform, recently announced the successful completion of its Series B funding round, raising $20 million. As countries like Nigeria attempt to launch […]

InsureTech

Sapiens Signs Up HGR South Africa

Latest deal signed by Sapiens;  Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, has announced the full launch of its cloud-first Life core platform CoreSuite […]

Global insurance trends

Africa: How Is The Reinsurance Market Looking in 2022/23?

Financial risks, including currency depreciation and inflation, is topping the list of challenges facing the 54 African economies in the year ahead. That’s according to a new survey of the continent’s leading insurance professionals, conducted […]

News

FCA Levies £5.8M Fine Against Ghana International Bank

Latest from the FCA; The FCA has fined Ghana International Bank Plc (GIB) £5,829,900 for poor anti-money laundering and counter-terrorist financing controls over its correspondent banking activities. GIB provided correspondent banking services to overseas banks. […]

News

Deals: Proparco Invests in Mauritius Insurer

MUA Ltd, a regional insurer with operations in Mauritius, Kenya, Uganda, Rwanda, Tanzania, and the Seychelles, is pleased to announce the proposed equity investment of USD 10M by Proparco, a leading Development Finance Institution (DFI), […]

Global insurance trends

Price Forbes SA Secures New Investment

Price Forbes South Africa is pleased to announce an investment by Medu Capital to support its buy-and-build strategy. Medu Capital is a 100% black-owned investment management company with strong connections in South Africa and throughout […]

Travel Insurance

Botswana Variant Panic? Not At battleface, Travel Cover Still Valid

The mainstream media has screaming for the panic button to be pressed once again, this time the Covid threat is the `deadly’ Botswana variant. IE magazine looked online to see how this variant had affected […]